After several requests for clarification on how to proceed to the HighCoin (HIGHT) stake on the StakeUnited pool, I write this article to explain all the steps to avoid making mistakes. The following work, for a better understanding, is divided into two parts. A first introductory part on the differences between POS coins and POW coins, on the HighCoin (HIGHT) features and on the characteristics of the StakeUnited pool. A second descriptive part will follow on how to daily stake the HighCoin currency on the Pool StakeUnited.
Introduction. Difference between Proof of Stake (POS) and Proof of Work (POW) coins and brief description of the HighCoin (HIGHT) and StakeUnited PoS MulticoinPool.
First of all I want to explain the difference between Proof of Stake ( POS ) and Proof of Work ( POW ) coins. So POS coins will not be generated like PoW coins with cpu/gpu power, but will be generated as a kind of an interest on coins which are in your wallet. There are two ways to generate coins with the POS system:
- Solo Staking with DesktopWallet. To start staking/generating coins, you need to send the coins to your desktop wallet which must be open 24 hours a day, 7 days a week. In general, as it depends on currency, the more coins you have, the more and faster you stake. So if you want to start solo you should already have a larger amount of coins to get constant stakes.
- POS-POOL. To avoid keeping the PC and desktop wallet running continuously and having a large amount of coins to ensure the local stake, you can also use a pool service. In this case several users send their coins (any amount) to one wallet which is provided by an hoster. Stakes are shared proportionally among the pool users once a day.
HighCoin (HIGHT). Briefly we can say that the currency HighCoin (HIGHT), https://hightcoin.xyz which can be traced to the following link https://coinlib.io/coin/HIGHT/HighCoin, is a very rewarding proof of the stake (POS) coin with variable APR from 500% to 12,000%. Now is 1500% because the 162400 block has just been passed. The current block can be verified at the following links: https://hight.overemo.com and https://altmix.org/coins/15-Highcoin. As you can see it in the special section of Bitcointalk https://bitcointalk.org/index.php?topic=2537307.0 https://bitcointalk.org/index.php?topic=2537307.0 and in that of Bitcoingarden https://bitcoingarden.org/forum/index.php?topic=41845.msg300932#msg300932, this is a cyclical proof of stake (POS) coin in order to combat exponential inflationary growth that could occur over a short period of time. look at the screen below to see only part of the HighCoin POS system.
(Source: https://discordapp.com/channels/388003088205611009/388352520927576064)
Perhaps it can be considered as one of the few POS coins that has a large support community on Discord https://discord.gg/DPvXtDH which is around 5900 members: This community is always active and committed to growing more and more the project. The Telegram https://t.me/Highcoinofficial and Instagram https://www.instagram.com/highcoin_/ have been born recently.
StakeUnited - PoS MulticoinPool. StakeUnited, which can be accessed at the following link https://stakeunited.com, can be considered one of the best web pools, perfectly Legit, which perfectly reflects their motto "First automated PoS and Masternode Pool in the World". The community on Discord https://discord.gg/FawJgp3 is very active and is always available to solve any problem. Deposits occur immediately upon completion of the transaction. The stake starts immediately or, anyway, after a few hours from the deposit. The withdrawals, however, occur within the next 24 hours as long as the request complies with the rules of the pool otherwise triggered in the following 24 hours. The team is always available and tickets are examined and resolved in no time. The Pool, with thousands of registered users, offers many POS coins, and among these Highcoin, and Mastenodes. Especially the Masternodes can be bought in part to avoid spending the cost of a complete masternodes. In this case the rewards will be proportional to the invested capital. The strong points are: Security, High Availability and Multilingual language Support as well as a very simple use capacity, especially with the new graphic interface. See the screen of the introductory web page.
(Source: https://stakeunited.com)
Description. How to use the StakeUnited service and start the HighCoin daily stake.
To carry out the daily HighCoin stake, with any amount of coins, simply follow these simple steps:
1) Buy the coin at one of the following exchanges:
https://wallet.crypto-bridge.org/market/BRIDGE.HIGHT_BRIDGE.BTC
https://app.stocks.exchange/en/basic-trade/pair/BTC/HIGHT
https://crex24.com/exchange/HIGHT-BTC
https://graviex.net/markets/hightbtc
2) Register, if you have not already done so, on the Pool StakeUnited https://stakeunited.com or login if already registered;
3) Once registered, or logged in, click on the left of the panel and in particular on "Personal Area".
4) Then go to "POS Balance / History" and in the page that opens find "Highcoin (HIGHT)";
5) At this point, find the HIGHT coin click on the deposit symbol "+".
6) The following statement will appear: "I understand, show me my HIGHT Coin (HIGHT) deposit address.". Click and generate the address.
7) At this point copy the address and paste it in the exchange and proceed to the withdrawal. In a short time the HighCoin currency will be deposited on the Pool StakeUnited and after a few hours the stake will begin.
If you want to calculate the predictions of your Stakes and the relative gains taking into account the value of HighCoin, due to the HIGHT / BTC exchange, you can download this calculator in Excel format: https://cdn.discordapp.com/attachments/388003088205611011/466324092325199872/HighCoin_calculator_block_500.xlsx
If you have decided to buy HighCoin and proceed to stake on StakeUnited, I think now is the right time. The price of HIGHT basically begins to rise when approaching the next block. And the next is what will make annually 3000% (8.21% daily). Moreover, HIGHT is influenced, like all Altcoins, by the trend of BTC which would seem to have gone from a bearish to one, from the graphs of the last hours, tendentially bullish to spread in the medium-long term. Certainly there may be a downward correction in the short term but if it is confirmed the bullish trend of BTC means that most of the Altcoins will follow him and especially HighCoin which also has the greatest attractiveness of being a POS currency.
I hope the guide was helpful and easy to understand. If you like, please share or comment on this article. Follow me on Twitter https://twitter.com/CryptoclubA @CryptoclubA for new news.
See you soon with new articles.
I just found out about HighCoin from a YouTube video. What is a good amount to start solo staking and is there any plans form a PI wallet?
excelente aporte, esta bien escrito.
Resteemed !
Great article, saved it in bookmarks. Thanks!
Thanks... i follow you..
Good article. I must say I wasn't aware of this coin, but your article has been very comprehensive. Keep up the good work!
Thank you. I'm glad you liked it
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