Octoin allows you to collect over 30 types of crypto currencies in one single wallet, this allows you to invest in multiple coins from a single place, allowing you to easily invest in multiple crypto currencies! However his isn’t the best part, Octoin also provides the hardware and infrastructure for you to mine Ethereum (ETH) & Zcash (ZEC) and also invest via trading.
ETH & ZEC Mining
When mining with Octroin you specify your desired hashrate, select the lease term for the hash rate from the proposed options: 30, 60, 90 or 200 days, this will give you the average mining income based on the hashrate and the lease term, higher hashrate / lease term will obviously equal a higher yield. you also get a breakdown of daily profit, once happy with your mining settings just click the Start Mining to… start mining!
You can replenish your Octoin wallet with the usual high profile crypto currencies or via your local currency.
When investing in trading you specify the term of the investment a bonus for long terms is calculated in % of the amount of daily profit – 30, 60 (+ 5%), 90 (+ 10%), 120 (+ 12.5%), 150 (+ 15%) days.
You can choose exactly how much you wish to invest, after inputting these details you get a full breakdown of average profit / income for the term along with an average profit per day (available to withdrawal per day!). unlike other crypto investments you can close your portfolio early, not sure why you would want to but if you need to withdrawal all funds early and end the term early you can.
What is OCC?
OCC is Octoins Cryptocurreny Coin, the ICO (Initial Coin Offering) is planned for May 2018, after this time OCC will be able to be purchased and traded on all major Crypto Currency exchanges (Bitstamp, Coinbase, CEX.io.. etc.)
Octoin provides a great opportunity to work as an active investor, you can exchange your profit into another crypto currency which is a very nice touch, it allows me to invest in other alt coins with previous profit I have made from mining/trading. Everything is clearly detailed on their site with very helpful how-to videos to help out. If you have wanted to mine various coins but lack the dedicated hardware needed to yield any decent income Octoin is the perfect opportunity to get started without the hefty upfront cost of purchasing several high end GPUs to build your own mining rig, it also gives you ample of opportunities to further invest your profits, so it really is a win win in that regard!
The website is very well designed with helpful information throughout, crypo currency trading / mining can be a complicated subject but Oction has done an amazing job at simplifying it as much as possible, if you do have any further questions feel free to drop a comment below or get in touch directly and i’ll try and help you out as much as I can.
Happy Mining/Trading 🙂
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