to open an account
step 1: read the faq below
step 2: PM me with a withdrawal address
step 3: send 10 btc or more to the deposit address i give you
accounts default to automatic re-investing of interest, however lenders can update this at any time from the bitcoinmax.com login area.
passwords are set to deposit address for now.F.A.Q.
(make sure you have read this before PM'ing me!)
Q. What is the minimum deposit amount?
A. To open an account, you must send at least 10 BTC for your first deposit. After that, subsequent deposits can be any amount.
Q. Can I reuse the same deposit address for additional amounts?
Q. Do I have to message you whenever I make a deposit?
A. No, use the deposit address you were given to deposit as often and as much as you like.
Q. If I deposit funds 'any time' doesn't that mess up your calculations?
A. No, interest is calculated in half-hour blocks, so for example if you deposit 10 bitcoins for 33.5 hours, you'll get 10 * (33.5 / (24 * 7)) * 0.069
Q. Can you confirm my deposit?
A. No. I can however give you a link to http://blockchain.info
. If it's in the blockchain then interest will be calculated on it, starting from the first half-hour after it gets included in a block.
Q. I deposited money, when will it show up in my account?
A. If it has at least one confirmation, it should show up when you log in to bitcoinmax.
Q. How do I withdraw?
A. That's still via PM at the moment.
Q. I'm a new investor and can't log in to bitcoinmax.com
A. It's likely that I haven't set up your account there yet. This is on the list of things to automate soon.
Q. How old is your BST account? Is it at risk of forced withdrawals?
A. It's one of the very first accounts. There would probably only be 1-3 people that could cause me to get forced out. If for any reason my account has a forced withdrawal, then I may need to also force some or all of my lenders to withdraw from bitcoinmax.
Q. Do you offer any kind of guarantee or insurance against a BST default?
A. No. If BST defaults, your coins are lost.
Q. What is your real name?
A. While my real name is known and fairly easy to find, I'd prefer not to have it posted and searchable on this forum.
while you can withdraw principal at any time, interest is only calculated and paid once per week. so that means if you deposit on a wednesday and withdraw it on a friday, the interest for those 48 hours won't be credited to (or withdrawable from) your account until the folllowing monday, after 21:00.
See the FAQ.