Post
Topic
Board Announcements (Altcoins)
Re: 🔥[ANN] BreezeCoin combining Real Estate with Crypto🔥
by
Henrytrust
on 17/02/2020, 03:14:03 UTC
If I buy a token from exchange and hold it for 6 months then will it be considered as staking? I don't think that makes sense. So what I need to do to participate in staking?

What I understood is that I need to buy a package mentioned at the site for staking. Once I buy that package, I will be getting token from where ? I mean it will be from the tokens which are with team? And after 6 months that will be delivered to my exchange account?


I think you are getting some facts wrong. Firstly, You need to register on the breezecoin home page (https://breezecoin.io/) to participate on the staking programme. Holding the breezecoin tokens on your ethereum wallet does not signify staking. Secondly, you have the option of staking a minimum of 250 tokens and the earnings on staking is added to your account monthly. Staking the minimum of 250 tokens guarantees a ROI of 1% while the maximum ROI  is 8% for investment of above 50,000 tokens.

thats not directly correct. the value from 250 till 50.000 is on $ value. So you get the amount of tokens depends on the current price of the token  Smiley  currently you get 436,30 Token for the 6 mont hperiod which participate in the staking. If the value goes up the token amount doesnt change, so besides the staking part its of course also beneficial if the price stays in a uptrend.

Thank you for the clarifications. I must confess that it's quite helpful. I would also like to know if there are fixed ROI for every level of investment. From my understanding the ROI is fixed as at when the package is purchased making it relatively stable for investors who are more satisfied when they are certain of their returns immediately after purchasing the packages.