Hi Steemians,
Here is the last post i have written about smartcash around 20 days ago which was selected as smartcash weekly winner post on steemit and i simply got 210 SmartCash as reward/tip for single post and i want to thank team smartcash for this.
SMARTREWARDS
Today's topic is about SmartRewards that is offered to SmartCash holders for simply holding SmartCash in their wallet.
There are three simple rules if you want your wallet to be eligible for smart rewards.
Let's make thing simple here.
If you have more then 1000 SmartCash in your wallet before 25th of each month and you hold it till 25th of next month then you will be eligible for smart rewards.
As per current calculations smart rewards is around 5.2% per month.
It means for 1000 SmartCash the reward in 52 SmartCash.
HOW TO SETUP
Recently i have filled my smartcash account with 1000 to be eligible for smart rewards.
Here are the setups:
Because i used SBD as my base investment so the steps are as follow:
- Moved my SBD to bittrex account and exchanged it to bitcoin.
- I bought verge from bitcoins.
- Transferred Verge to my crypto-bridge account.
- Exchanged verge to Bitcoin.
- Exchange bitcoin to smartcash.
- Withdraw my smartcash to wallet.
Different wallets can be used but i use the online wallet.
The reason I took lengthy steps is because i want to make it handy for steemians who want to use SBD or Steem as their base currency.
Another reason why i don't want to transfer bitcoin directly because it will take a lot of time and fees and it's not a good idea for making small transactions.
Note: the above process incurred less then 1% fee and less then 10 minutes for complete conversion from SBD to smartcash wallet.
Here is how my account looks like and no further action is required.
Just hold these coins and that's it.
I will keep posting practical updates about Smartrewards on my steemit blog
SMARTREWARDS VS MASTERNODES
Now here is the most important part.
Why smart rewards are better then master node?
If you want to buy master nodes then you need a hosting platform and complicated setup while for smartreward nothing is required except the wallet and funds.
At time of writing this post smartcash is 0.32$ and 1000 smartcash are required for smartrewards which is around 320$.
While a master node of worthy token is not less then 5000$.
off-course you might get master nodes for less then 300$ but those coin are not even listed on coinmarketcap while smartcash is in top 100 as per trading volume which is always a worthy asset.
For master nodes you need xx number of coins for example 10000 coin and you will be rewarded for complete node no matter how long you are going to hold it.
In smart Rewards for example: you will be rewarded 52 coins for holding 1000 smartcash and next month you will be rewarded 54.7 coins for holding 1052 coins including your last month reward and this is called the compounding. Power of compounding is the most unique point in any investment model.
Give it a try and as the market is strongly bearish This is the best time to buy anything you want
Thanks for Reading
Get rewarded in smartcash as content creator
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