This is why you should be Staking VX on Vite blockchain

[belemo]

I first got wind of Vite blockchain from my friend @samirich, who shilled it hard on his Whatsapp status. He said it was the next big thing since the sliced bread, and I believed him. I did some digging and found out it actually earns takes a pretty good return.

About Vite_source;

• On-chain order matching and asset management. Smart contract-driven dividend distribution. Locally private key storage.
• High transaction throughput with <1 second confirmation time. Zero gas fees
• Mine VX by trading, staking, market-making and referring. Hold VX to receive daily dividends.
• Token forging, gateway creation, coin listings, and order book information are completely transparent and open to the public.

How staking works_source

• A minimum of 10 VX must be staked to receive dividends;
• Participant is entitled to receive dividends starting with the next distribution, after submission of staking request;
• If a user revokes the staked VX, those staked amount will be released after a 7-day waiting period. No dividend will be received during this waiting period.

Users can enable automatic staking. Mined VX will be automatically staked once enabled, purchased VX is not subject to this function.

Staking Guide:

My VX Staking Dividend

I've been staking since the 2nd of April, so it is roughly 30 days and in that space of time I've earned slightly over $63 total. The dividend is paid in USDT, ETH and BTC. I need to add that I haven't been consistent with my VX staked, plus the value of my wallet varies with the market value of Bitcoin and Ethereum, but considering the total VX I have staked is around $300, I think that's not so bad.

The Vite wallet also has a DEX where you buy and sell Vite against a bunch of crypto, including Bitcoin and Eth pegs.

You can withdraw these pegs to external wallets, but I doubt anybody ever does that because of the fee. Whenever I feel the need to sell some of my divided I;

• I sell the dividend for Vite within the Dex
• Withdraw Vite and send to Binance or Bittrex wallet
• Sell Vite for USDT or BTC.
  
  

I've been around the area for some time now, and I think this is one of the most lucrative staking options out there. I'm always looking out for more opportunities to earn and I think this is a really sweet one where dividend could earn your initial capital in like 5-6months. If you'd like more info, check out their pages;

• Home page
• Vitex page
• Forum

This is not financial advice, always remember to do your own research.

Posted Using LeoFinance

Comments

[mineopoly]

Looks cool.

Can I have a referral code?

[belemo]

I think the referral campaign has ended. This is the link on my referral page though. https://vite-growth.netlify.app/share?inviteCode=--&lang=en

[mineopoly]

I'm interested in mining. I got something like this:

Wasn't sure what to do though when they ask for invite code.

[belemo]

Ignore the referral part. Just create your wallet with the app, and buy vite from binance or Bittrex.
Send vite to your app
Move vite from your normal wallet to the DEX in the app
Buy trade the VX/vite pair and buy VX
Go to mining section and then select dividend.
Stake all your VX you got. Payout comes in daily in Bitcoin, eth and usdt.

[simplifylife]

Can you instantly withdraw/exchange the dividends, or do you gotta wait for a certain period?

[belemo]

Instantly in two ways;

• use the dex to exchange your btc, eth and usdt dividend for vite. Send vite to binance and use it
• or just send your btc, eth and usdt directly to other wallets.

I prefer option 1 because less charges

[simplifylife]

Yes that makes sense, thanks for replying!

Also, do we need KYC for this? I went to their site and there was a message where they say they do not support my country.

[poshbot]