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Staking

Off-chain staking

Staking cryptocurrencies with Geco.one generates a bigger % than the traditional bank could ever offer. The values yielded on the staked coins depend on various factors such as the volume of coins staked, the duration and the rewards. Not only do users get to profit from Staking their cryptocurrencies, but they can also profit from the volatility of a given currency during the staking period.

For example:

STAKING 1 ETH at $383.68 on 21 October 2020 for 360 days with Geco.one would have a yield of 0.08 ETH (+1 initial 1 ETH) currently valued at $4178,41, which is a 1090% return on investment calculated in USD in just under one year.

STAKING 1 BTC at $11,913 on 20 October 2020 for 360 days would have generated a yield of 0.08 BTC (+ initial 1 BTC ) equivalent to $68910.9 present value, which is a 478% increment in just a year duration.

On the other hand, by STAKING a stable coin USDT (the safest option), 1000 USDT on 20 October 2020 for 360 days would have a yield of 80 USDT (+initial 1000 USDT) which reflects the 8% interest earned with staking on Geco.one — that’s more than any traditional Bank could ever offer. (1 USDT is worth 1 USD)

STAKING service is a simpler and more profitable option for earning passive income than the traditional savings account investment.

Geco.one offers a staking service that allows earnings of up to a whopping 8% by staking four different cryptocurrencies: BTC, ETH, USDT & GEC.

If you want to know more about staking, please visit our website www.geco.one/staking

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