Crypto-Bridge BCO Coin Staking

[Captain Crypto Pants]

I read an article that claimed 2018 would be the year of the DEX and I am starting to agree.  Being the crypto expert that I am.

I have been playing around with Crypto-Bridge for a few weeks now and trying it out.  I do really like the idea of the decentralized exchange (DEX) and it is pretty easy to use.

There is a feature that allows you to "Mine" multiple currencies using the PoS method.  You must first trade some BTC for their own coin BCO, the current value is $5.60 but it did rise 40% today.

I staked 30 coins for 90 days so that I would get the 20% bonus.  You can get up to a 100% bonus if you stake your coins for 12 months.  Remember staked coins cannot be removed at all during the staking period, so don't risk money you might need in the time frame that you lock it up.

I thought that I would be getting BCO as my staking reward that is paid every other week.  That wasn't the case, what I did receive was fractions of 97 different coins.  When you trade on Crypto-Bridge you pay very small fees in the coin you are trading and those are paid out to the users who are staking during that 2 week period.  I haven't figured out a way to calculate all the gains from this yet, so I don't know if it is a good investment or not.

As the volume of users increases like I think it will really start to pay off, but time will tell.  I am going to keep adding to my BCO staking positions and just ride the wave in 2018.

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[leetlezee]

I was just researching the BCO staking feature when I came upon your post, I thought the staking would result in more BCO as well, getting a percentage of each coin is unique but might be a pain to deal with in the end if you're having to sell minute quantities of crap coins.

[butka]

I have been using Crypto-Bridge several months now, and it is a nice decentralized exchange. I use it mostly to convert some of the coins I mine, and it works like a charm. I've never had any problems with it, and should I say the withdrawal rates are reasonable.

I saw their BCO stacking offer, but I never bothered to investigate what it meant. Now that you've clarified somewhat what it is about, maybe it is worth reconsidering. You are right, it seems that currently not so many people are using it, but if it becomes popular, who knows.

[kriptofan]

Why would owner of cryptobridge exchange share with profits?
This is just to attract real money such as BITCOIN and then steal all the money and run away
classic ponzi scheme with longer you hold there your btc bco more you profit

PONZI 101

[metalo]

Cryptobridge pays in BTC these days. The original information about BCO staking is outdated. My major concern is the large fees for starting and ending a staking position

Why would owner of cryptobridge exchange share with profits?
This is just to attract real money such as BITCOIN and then steal all the money and run away
classic ponzi scheme with longer you hold there your btc bco more you profit

PONZI 101

[sparky2]

So when you have 97 positions and they are all below the trading minimum you won't be able to do anything...

[dragonmike]

So when you have 97 positions and they are all below the trading minimum you won't be able to do anything...

Read the post just above you, noob.

[sparky2]

So when you have 97 positions and they are all below the trading minimum you won't be able to do anything...

Read the post just above you, noob.

Thanks Dragonmike.