Connect with us

Press Releases

Earn PoS Staking Rewards During Volatile Markets With CREDIT

Published

on

Staking Rewards

South Africa-based blockchain project Terrabit provides an opportunity for users to earn an investment income in the current volatile market condition.

TerraBit

The cryptocurrency market has become very volatile since the novel coronavirus spread was officially declared a global pandemic. The bitcoin price, for example, took a significant dip on March 12 but recovered to the $6000 range. However, the price has failed to get past the $7000 price point despite getting close on several occasions. Such a volatile market makes it difficult for users who depend on cryptocurrency earnings for income. 

Terrabit provides an entire cryptocurrency ecosystem that includes an exchange, utility token with a hybrid POS/POS blockchain, and digital payment solution. The exciting passive income opportunity in the Terrabit ecosystem is the web staking platform for the utility token, CREDIT.

Holders of the CREDIT token holders can stake their holdings to tokens online to earn up to 100% staking reward per annum via Terrabit simple-and-easy-to-use web staking platform.

The web staking option allows every user with an internet connection to earn rewards. This lowers the entry barrier considerably compared to mining. Cryptocurrency mining requires expensive hardware, electricity, and a constant internet connection, while web staking requires you to have only an internet connection to get started.

Also, web staking is more suitable for emerging markets where a higher entry barrier makes it difficult for further cryptocurrency adoption.

CREDIT web staking features include:

  1. Web-based CREDIT staking up to 100% per year
  2. Profit is paid hourly
  3. No lock-in period
  4. Easy-to-use

Beyond staking, Terrabit also offers users other opportunities to earn rewards. Referring new users to the Terrabit exchange is also lucrative. You receive 100% of trading fees from all users you send to the platform. 

Other projects by Terrabit include Terra Hub – a social media platform with monetised actions paid in CREDIT, Terra Mart – a zero fee shopping marketplace, and Terra Dax – an all-in-one trading platform that connects to other exchanges.

Considering the current volatile nature of the cryptocurrency market, Terrabit’s web staking platform is worth checking out:  www.terra-bit.io

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to any company, product or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release. 

Press Releases

BMW and $100,000 Worth Prizes to Grab to Celebrate Listing of FESS on DigiFinex

Published

on

FESS

If you are a pro trader then FESS is coming with a Trade competition on 21st May which also marks its first Public listing. FESSChain is so excited to announce the ‘Hottest Crypto Trade Fest of the Year 2020’ on DigiFinex.

3 Lucky Winners will compete for a prize pool of S100,000 for fess trading contest starting from 21st May 2020. The winners can take home a classy BMW 3 Series Car, Honda Civic, and a 16” MacBook Pro. Additionally, another event starting on DigiFinex from June 2, 2020, has 350,000 tokens to offer via airdrop, trading, and staking activities.

A Grand Prize is always better than a prize and such competitions don’t always come. So, it’s a golden opportunity for crypto traders across the world.

You must be curious by now what to do in order to get these grand rewards from us! So, you need to be following these steps to be eligible to join the participant pool.

FESSChain IEO on DigiFinex

FESS Initial Exchange Offering (IEO) concluded on DigiFinex exchange on March 1, 2020. The IEO (or super sale) was a smashing success and hit the hard cap of $ 8.76 million in a matter of just 43 seconds. It received an overwhelming response from investors. The IEO didn’t only reach the hard cap within a few eye blinks but also got oversubscribed by almost 2x margin.

Prizes

FESSChain

Terms and Conditions:

FESSChain is inviting crypto traders from across the world to participate in FESSChain grand Trading Fest. You need to be following these conditions to join the pool of claimants:

  • To become eligible for this contest all you need is to trade FESS on DigiFinex in the FESS/USDT pair during the contest period.
  • Users whose Net purchase is of more than 1 million will be eligible for this reward.
    Here FESS net purchase = Buying volume – Selling volume
  • The competition will start from May 21, 2020, at 20:00 and will remain live until June 9, 2020 (GMT+8).
  • Based on participants’ trading volume, they will be ranked on DigiFinex and the three lucky winners will be announced at the end of the competition.

To Know better about this Contest and Participate kindly Visit: DigiFinex dedicated Section

Now, this listing event calls for Additional rewards of 350,000 FESS tokens. This event will be divided in 2 stages whose details can be found here:

Stage One: Listing Airdrop of FESS

Rank Top 200 in net purchase competition

During the activity, users will be ranked according to
FESS net purchase (net purchase = buying volume-selling volume)

FESS

**Consolation prize for net purchase competition

During the activity, users whose net purchase of FESS ≥ 2,000 but who are not in the top 200 will receive 30 FESS tokens, with 15,000 FESS Tokens in total for this reward.

Trade FESS

During the activity, users who trade FESS with transaction volume ≥100 FESS will be rewarded 5 FESS, and a total of 10,000 FESS will be rewarded.

Promote FESS

During the activity, you can follow DigiFinex’s official Twitter (t.co/digifinex) or Facebook account (fb.com/digifinex.global) and FESS’s official Twitter (t.co/fesschain) and forward any FESS activity posts. Screenshot and register it in the form and you can share 15,000 FESS with other participants.

Click Here to Register

Stage Two: FESS Q&A Reward

Time: June 2, 2020 10:00 — June 9, 2020 20:00(GMT+8)

1.Airdrop in FESS communities

Gather your friends and join DigiFinex Telegram group during the event period in order to gain exclusive access to the passwords required to unlock the red packets!

FESSCHAIN

2. H5 page for FESS Q&A

Open H5 page for FESS Q&A to answer the questions. Users who correctly answer all questions can share reward of 60,000 FESS.

The Q&A H5 page will be published on June 1, please pay attention to the content of the announcement by DigiFinex.

Happy Trading!!

About FESSChain

FESSChain Is an AI operated and Proof of Proof based blockchain that uses Volume Oriented fragmentation version 1.0 to settle data into the blockchain. It is unique in many terms and one of them is its data processing and storage supported by Neutrino Framework. The framework makes sure that it processes data into the main chain it fragments the data into the smallest units possible in sub-chains. It only saves the relevant data into the main chain thus shrugging off the unnecessary load.

Disclaimer: The Prizes are indicative in price terms and may change depending on the manufacturer and market conditions. In such a case, the prize or the mentioned price (whichever is lower in absolute terms) will be given to the winners.

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to any company, product or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release. 

Continue Reading

Press Releases

Bitcoin DCA Platform Vimba Hits 10,000 Users Following Expansion into the UK and Europe

Published

on

Bitcoin DCA Platform

Bristol, United Kingdom, May 20, 2020 — Bitcoin DCA platform Vimba has reached 10,000 customers following the company’s expansion into the UK and Europe last year. 3,000 new users joined in 2020 leading up to the Bitcoin halving.

New Zealand-based Vimba was founded in 2014 by early bitcoin adopter, Sam Blackmore, with the mission to bring bitcoin into the hands of as many people as possible. Today, Vimba enables investors in 30 countries to buy, sell, and auto-invest in bitcoin in a simple, hassle-free manner.

VimbaMoreover, Vimba is the only bitcoin DCA platform that enables investors to dollar-cost average BTC directly into cold storage, which adds an unprecedented level of security to auto-investors. Alternatively, users can also store their digital currency in the platform’s built-in non-custodial crypto wallets, which is the preferred option for most first-time bitcoin investors.

Thanks to its user-friendly service and customer-centric approach, Vimba has been able to turn thousands of New Zealanders into bitcoiners. Now, the company seeks to turn more bitcoin-curious investors into bitcoiners in its new markets.

Founder and CEO Sam Blackmore comments: “We set out to build a platform that enabled Kiwis to save small amounts of bitcoin on a weekly basis. The aim was to give anyone the opportunity to future-proof and diversify their investments by learning about Bitcoin and investing it in a simple and secure way.”

“Now, we want to use our six years of experience operating a bitcoin company in New Zealand to continue on our mission to bring bitcoin into the hands of the people by creating new bitcoiners in Europe and the UK. We believe that enabling people to regularly invest in bitcoin in a simple, automated, and hands-off manner with as little as £10 is one of the best ways to spread bitcoin to the masses.”

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release. 

Continue Reading

Press Releases

Binance Charity Donates 15,000 Protective Suits to South Africa to Support Fight Against Coronavirus

Published

on

Binance Charity Donates

May 13, 2020 —​ ​Binance Charity​ the world’s first blockchain-powered donation platform dedicated to advancing transparent philanthropy, has supported South Africa’s efforts in tackling the COVID-19 pandemic by donating 15,000 protective suits to hospitals in the country – as part of the organisation’s Crypto Against COVID campaign.

Binance

Launched on March 24, 2020, Binance Charity’s ​Crypto Against COVID​ campaign was created to raise $5 million USD in cryptocurrencies (BNB, BTC, BUSD, and XRP) to be spent primarily on buying medical supplies for affected regions globally. Binance led this effort with an initial donation of $1 million USD, plus an additional donation of $1 million USD through the #CryptoAgainstCOVID social media campaign. In addition, Binance vowed to match $2 million USD of public donations received.

According to the ​WHO,​ as of May 11, 2020, the number of confirmed COVID-19 cases in South Africa has exceeded 10,000 – with 194 deaths. Making the country the most affected on the African continent.

A total of $3.9 million USD has been raised from Binance and public donations, with more than 40 crypto companies joining together to support the campaign. As of May 12, medical supplies have been shipped to various affected countries, including 10,000 protective suits to Turkey, ​400,000 masks to Italy​, and 15,000 suits to South Africa. Binance Charity has also committed to PPE donations to Puerto Rico and the Caribbean​ and launched ​a PPE token​ to support donation efforts for New York.

In addition to the ​15,000 protective suits for South Africa – which will be donated to the Health Department in the Western Cape and other hospitals -​ a further 20,000 masks for South Africa have been ordered for delivery within the next few weeks.

“The most important element of human life is to show compassion and help others as we can, without the limitation or restriction of borders. Blockchain technology enables this in greater capacities than ever before and Binance Charity wishes to bring this to the masses,”​ said Helen Hai, Head of Binance Charity.

This Crypto Against COVID donation to South Africa comes months after Binance Charity announced a $1 million USD commitment​ for charity work and crypto education in the country at the Blockchain Africa Conference in Johannesburg in March 2020 – where Binance, the global blockchain company behind the world’s largest cryptocurrency exchange by trading volume and users, announced the launch of a South African (ZAR) fiat-on-ramp with 5 trading pairs: BTC/ZAR, ETH/ZAR, BNB/ZAR, BUSD/ZAR and USDT/ZAR. ​Binance users in South Africa are able to deposit Rands (ZAR) from any South African bank account ​and enjoy features such as savings, spot, margin, lending, futures trading, etc.

On Binance’s commitment to South Africa and Binance Charity’s donation, Tanya Knowles, SA lead said:​ “Binance’s commitment to South Africa extends beyond our role as a cryptocurrency exchange. We are facing a healthcare and economic crisis which our generation has not witnessed before. We hope that this donation supports the many efforts being made in South Africa to fight the virus.”

Binance Charity maintains its mandate of 100% transparency. All transactions will be published in full transparency through the blockchain-based donation portal. Any hospital demands or sources of medical supplies and shipping aid willing to help in this cause may reach out to ​bcf@binance.com​.

Join Binance Charity and help the world fight the coronavirus. Even a small donation can save lives. Together, let’s help those in need. Click ​here​ to donate.

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to any company, product or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release. 

Continue Reading

Popular Posts