Why EDC Coin Is A Friend Of Every Long Term Investor During Bear Market? Steps to Leasing Your EDC Coins?

in #edc5 years ago (edited)

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Have you know?

We are currently in the longest bearish market ever which is approximately from January 2018. It's not matters which coin you have a hold for the long term but no coin will give you profit during this bearish market period.

Of course, there are so many PoS(Proof of stake) coins which are giving you little profit as staking rewards but you need to hold a certain amount of tokens to be eligible for staking rewards and after bearish market, only a coin with a strong project in the background can pull back into its actual price or beyond of all-time high price. Other coins with a weak project in the background are will be useless.

A few months later I get to know about EDC Blockchain. from the internet where you can earn rewards by leasing your token and you can start with a minimum of 1000 token only to be eligible for leasing reward. By leasing, you will receive EDC coins to your wallet on a daily basis. If you don't know what is EDC Blockchain then let me tell you in a brief EDC Blockchain is based on one of the quickest blockchains in the presence that is BitShares 2.0 blockchain platform and on the Graphene innovation. If you don't know Graphene is the primary blockchain system with a mechanical component of productivity which execution is adequate for colossal money related structures. This is the speediest blockchain existing at the present time. furthermore, as EDC Blockchain-based Bitshares blockchain so it can process up to 100,000 exchanges for every second, which is a couple of times snappier than in the Visa system. For a deep understanding of EDC Blockchain, you can read this article Click here.1*IyNcekBe-9Xv9cQnABEWmw.jpegSo when you interested in holding EDC coins for the long term it is better to lease your token which helps to grow your tokens it does not matter whether it is in the bullish market or the bearish market and in the end, you will win for sure.

How Leasing works on EDC Blockchain?

0pvhwhF.jpgEDC Blockchain is working on LPoS algorithm mining .i.e Leased Proof of Stakes. In short, this is the higher version of PoS mining(Proof of stake) in the process of PoS mining master-node only get rewards when verification of transactions takes place through that node and to be master-node you have to hold a certain amount of coins. But in the case of LPoS algorithm mining (Leased Proof of Stakes) clients are permitted to rent out their coins to the master-nodes as a way to keep the EDC Blockchain's ecosystem system running and interests are paid to the client's wallets consistently. The progressive accrual that is earned each renting clients shifts relying upon the number of coins that are rented and the span of the renting. Don't worry no any coins will be sent out of your wallet in the leasing process your coins will be in your wallet and get freeze according to your leasing period.

The leasing is assembled into the three-span period, specifically; a quarter of a year, a half year and one year. The rate of intrigue increments as the period increments. For example, on the off chance that somebody needs to rent EDC coins for the time of a quarter of a year, the individual will get a day by day accumulating funds of 0.27% which totaled 8% of month to month Returns on venture If someone else will rent Those that will rent for the time of a half year, the individual will get an every day self-multiplying dividends of 0.33% which counts 10% month to month Returns on Investment. Someone that will go for the third classification which is a year time of leasing, the individual will get 0.4% every day accruing funds which results in 12% Returns on Investment. So this is why I said EDC Coin Is A Friend Of Every Long Term Investor During Bear Market.

Steps to Leasing EDC Coins

Leasing of EDC Coins is an easy process you only need to hold minimum 1000 tokens in your wallet to be eligible and follow below steps.

Step1:

Go to this link-Click here and open a Web wallet on EDC Blockchain. sometimes it takes time to open if your connection is slow so please wait a little bit. Then register your self and don't forget to note your BRAINKEY for account recovery in the future. After you login into your wallet, this kind of interface will come. 01-Screenshot_2019-07-23 EDC Blockchain.jpg

Step2:

Now click on the leasing tab left on the dashboard you will redirect to leasing page of the wallet now you can see you total balance that can be used for leasing and now hit the lease button.1_Screenshot_2019-07-23 EDC Blockchain.jpg

Step 3:

After you hit lease button you will be redirected to leasing dashboard now select the period of leasing and amount of coins you want to lease. ok, you are done.pasted image 0.png

Conclusion:

All the conclusion paragraph is my won opinion about this article's topic. As EDC Blockchain is made to be helpful for startup and business it also takes care of all its investor who believes in this project with this leasing option and I also like this project because of this leasing option. for more information must connect to EDC Blockchain all links are below.

Website, telegram, twitter, wallet,whitepaper,
Word document link-Click here

Bitcointalk link- Click here
Bitcointalk username- jiten12344321

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