Passive Income with Cryptocurrency is Not a Myth!
Trust Wallet Overview
Trust Wallet is the official Binance wallet since 2018. It allows you to store, send, receive, and exchange different cryptocurrencies by controlling your private keys. Trust Wallet includes an integrated Web3 browser for safe access to DApps and decentralized Internet.
You also have the ability to Cold Stake $CLO and thus make a monthly passive income.
To download Trust Wallet click here!
What is Cold Staking?
Cold staking is not related to proof of stake or a consensus mechanism; cold stakers do neither generate blocks nor confirm transactions. The cold staking contract collects 30% of all mining reward and distributes it to the cold stakers in direct proportion to their holdings.
Cold stakers earn a passive income by locking their coins for 27 days. Therefore, it’s a much more secure and eco-friendly way to earn passive income with cryptocurrencies.
Cold Staking Essential Points
- You can start staking at any time.
- A staking round always lasts 27 days.
- You need to keep some CLO on your wallets to cover transaction fees (generally ~1 CLO is enough).
- Please note that you must wait until the end of the staking period (27 days) before adding funds to the staking contract once you have started a staking round. Otherwise, the current reward will be lost, and a new round will start.
- We recommend you to withdraw the entire deposit with the reward once the staking round is completed, and then restart the staking.
Just click below for a detailed description of Cold Staking!
Passive income with Trust Wallet and Cold Staking Tutorial
1. Open Trust Wallet on your smartphone.
2. Select the “DApps” tab on the bottom.
3. Tap on “See All” under the “Popular” section.
4. Look for the Cold Staking DApp and tap on it.
💡 Tip: For easy access, bookmark the page!
5. Tap on “Start Staking” and then enter the amount you want to put in the Cold Staking contract and Tap on “Yes, of course”.
6. Tap on “Stake now!”, check the transaction, and tap on “Approve”.
7. Done! You are now doing Cold staking on Trust Wallet.
You can see the progress of your staking round through the progress bar, and after 27 days your passive income will be available.
Cold Staking, Passive Income With Cryptocurrency For Everyone.
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