Maximum Profit with Auto-Invest DOGS on Bittime: Better than Staking?
2024-09-11
Bittime - Have DOGS coins but don't want to sell them yet? Don't worry, you can still make a profit! Bittime now features Auto Invest for DOGS coins, a new staking-like feature, with up to 5% APY!
Yes, at Bittime, you can easily make deposits and trade DOGS, as well as earn additional profits automatically. Just save your coins, and let the 5% annual interest do the work for you!
What is Auto Invest DOGS on Bittime?
Auto Invest is an excellent feature of Bittime which is similar to DOGS coin staking. This feature allows you to earn automatic interest from DOGS coin investments.
With a simple process, your assets grow without the need for constant monitoring. Just relax, your DOGS coins will work for you!
Advantages of the Auto Invest Feature
- Daily Earnings: Every day, interest from the DOGS you invest will be automatically credited to your account.
- No Distractions: Auto Invest activation will not affect trading, deposit or withdrawal activities. Everything can still run smoothly.
- Flexibility: You can easily exit or deactivate the Auto Invest feature at any time according to your needs.
How Does Auto Invest DOGS Bittime Provide Profits?
Income Calculation
Counting is carried out every day between 00:00 and 02:00 WIB. Avoid deposit or withdrawal activities during this period to maintain calculation accuracy.
Income Fluctuations
Earnings may vary depending on the daily exchange rate of DOGS Coin.
Income Schedule
Auto Invest income will start to be calculated the next day after activation (D+1) and received on the second day (D+2).
What is the difference between Auto Invest and Staking DOGS?
Auto Invest and staking are two different methods for generating passive income in the crypto world, although they both allow users to earn rewards from the assets they own.
1. Auto Invest
Objective: Auto Invest is designed to automatically allocate assets to specific investments at regular intervals. This is usually done to make it easier for users to invest crypto in the long term without having to constantly monitor the market.
How It Works: Users or platforms automatically buy or add selected assets periodically according to settings. Just set it once, the system works!.
Profit:
Automatic diversification: Helps users organize their investments regularly without having to make purchases manually.
Flexible income: Usually refers to profits from changes in the value of invested assets (for example, DOGS in the context of Auto Invest on Bittime).
Risk: Income is not always stable because it depends on market price fluctuations.
2. Staking
Objective: Staking is used to support the operation of blockchain-based networks Proof-of-Stake (PoS) or Delegated Proof-of-Stake (DPoS). Users lock or “store” their assets on the network to help verify transactions, and in return, they receive rewards.
How It Works: Users deposit a certain amount of coins in their wallets to support network operations, and in return, they get rewards in the form of additional coins.
Profit:
Fixed income: Staking rewards are usually stable and determined based on an annual percentage.
Network security: Staking helps blockchain networks stay secure and efficient.
Risk: There is usually a lockup period, which means the asset cannot be accessed for a certain period of time. Additionally, if the network experiences a loss or attack, users may lose part of their staked assets.
A Brief Comparison between Auto Invest and Staking
How to Buy Crypto on Bittime
You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of Indonesia's best crypto applications, officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime.
Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
