Today i decided to invest in BitConnect lending and i want to share my experience!
Basically its a service where users can lend Bitcoin to be used for automated trading:
“…This investment option involves profiting from Bitconnect trading bot and volatility software. You will receive daily profit based on your investment option. Upon investment term completion, you will receive your CAPITAL BACK to take out from the Bitconnect lending platform or optionally reinvest back in lending platform to continue receiving daily profit.”
After researching a bit, and looking into competing services like Control Finance, i settled on BitConnect as it seems like the most secure longterm . The is mainly due to the fact they use floating interest payment, unlike Control Finance. The existence of the BitConnect Coin and it’s success improves it’s chances as well, in my book.
All it takes to get started, is registering, depositing Bitcoin, and then trade it for BitConnect Coin (onsite exchange) used to lend:
After registering you will see this dashboard:
Then you will need to deposit 100$ or more in Bitcoin (in 10$ increments), and then trade them into BitConnect Coins on the onsite exchange:
You’re now ready to invest!:
On their website they have this calculator:
Note, the profit is without compounding interest (reinvestment)…
Higher levels of deposit gives bonus interest, even on days with no volatility, and shorter capital back time:
I have now invested 110$, and i will be posting updates on the progress soon…
If you have any questions or comments, please don’t hold back!
If you decide to invest in BitConnect lending, please make me happy and use this link when registering:
Legal Disclaimer: I am not a professional financial adviser, nor an expert of any kind in the matters discussed in this post. This is not financial advise! I will not be held responsible in any way for any losses related to services discussed in this blog. I am not in any way affiliated with BitConnect. Do not invest more than you can afford to loose!