I have a question about the CAPITAL RETURN at the end of the lending period.
(Can withdraw capital anytime after 239 days term)
Is this capital the BCC I lent or the USD equivalent? If I lent 100 BCC at $5, would I get back 100 BCC or simply $500? I ask this because if BCC was worth say $50 a piece by time my lending period ended, it would be far more worth it to receive back BCC (at $5,000 now opposed to $500 USD).
I hope I am asking this clearly and understandably.
TL;DR - At the end of lending period is my capital returned in 1. What I lent in BCC or 2. The USD equivalent of what I lent?
In short: in USD. At the end of lending, you convert back USD to BCC at the current market price.
Thanks for the honest answer. Not quite what I wanted to hear, but it is what it is and the interest is really good also. I am happy with it.
After lending period Complete ,you will get your capital investment amount in USD in your Dashboard lending wallet
You require to transfer your USD value to BCC at current market price of BitConnect Coin.Then you can withdraw your BCC
or you can Exchange with BTC at BCC Exchange.
In Bitconnect lending you can not withdraw your capital amount in middle of your term period but you can withdraw your daily profit.
How is calculated the 0.1% daily interest? Is it 0.1% of your lending amount or 0.1% of the Volatility software interest?
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