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Technical

Instant Invest: Fastest investment in shared masternode

Instant Invest: Fastest investment in shared masternode

Sometimes, it can be really long to invest in a shared masternode. This is completely because of how works the shared masternode systems. In fact, it can take couple of days to see your invest make it a real Masternode.

Frustrating system:

Keep in mind that we need to wait the collateral reached with the invest of everybody before we make the Masternode. In this case, you will be able to have rewards after the Masternode is launched, and in fact, wait some days to see them come in your wallet for the first time. It can be a big frustration to see your invest freezed in a pool, and don’t see them make profits immediately.

A technical solution:

The shared masternodes plateformes exist since a long time. But we can see that they don’t have enough automatic systems and transparency. With Westake we want to put theses priority alive for everybody. We worked hard to find a better way to make your invest less and less waiting. And after this big effort, we found a technical solution with a complete automatic system. The Instant Invest.

You already dreamed about invest in Dash Masternode but you know that it’s almost impossible to be a part of a Dash Shared Masternode? Westake made it possible for you. Let’s use our New Instant Invest tool in the invest page and be a part of any Masternode in couple of seconds.

What’s different than a classic shared invest?

  • No need to wait, participate instantly. Let your invest be a part of a Masternode in few seconds.
  • No minimum duration of your invest. Take it back at any moment.
  • No waiting time for your first rewards. To know more about the time usually needed to have your first rewards. Read this article
  • 85% of the rewards are for you.

Thanks to be here

We hope that you will enjoy the new Instant Invest tool. We made it thanks to you, and for you. Specially to answer to your bigger question, “when my invest will take part of a Masternode?”. Thanks to be with us and help us to make Masternodes the new revolution.

Have a great day and remember:

Westake is making your coins work for you.

January 9, 2019 0 comments
Introduction

How WESTAKE works

The principle is simple: Instead of investing alone in a Masternode, you participate in it with other investors. On the one hand, it allows you to define the amount you want. But this system gives you the choice between a few Masternodes.

For example, a Dash Masternode  costs approximately $100,000. You can invest the amount you want in a quality Masternode. Of course, the rewards you earn on the latter are proportional to the amount invested.

Let’s see now, how it’s easy to invest in a masternode with Westake.

5 Steps, that’s it!

1. Sign-up

Sign up easily, in 30 secondes. No specific informations needed about your identity. No payment required. Just use a real email to be able to validate your withdrawal requests, and recover your password if you lost it.

2. Deposit

To make an easier platform without technical skills needed, it’s an obligation for us to ask you to deposit your coins on Westake. Without that, you will necessary need to do some technical steps. Westake is an user-friendly platform. No technical skills needed.

3. Invest

  • Choose a Crypto-currency

You have to decide in which Masternode you want to invest. We offer you the possibility to invest in some Masternode but not that much. Basically, we analyse all the Masternodes we integrate in Westake to be sure it’s a good relation between ROI (Return Of Invest) and safe invest. To know more, read this article

  • Type of invest:
    • Shared Masternode: This is our main activity. If you don’t have enough coins to make a Masternode alone, you can participate to a shared Masternode and get rewards calculated on what you invested. As we have to wait all the coins needed to build the Masternode, you have to wait also in a pool.
    • Instant Invest: This is also a Shared Masternode, but we already prepared it for you in advance. So it’s not required to wait in a pool and you immediately are qualified to get your rewards. You also can get back your invest at any moment without minimum duration.
    • Full Masternode: If you just don’t have the technical skills needed and/or prefer to use Westake to create your Own Masternodes easely, we also give you this opportunity. You keep your coins in your wallet, we take care about your Masternode installation, configuration and regular updates.
  • Method of invest:
  • To invest in a Masternode, you normally need to have some coins of the cryptocurrency related of the Masternode you want to invest in. With our platform, you have 2 possibilities.
    • Invest with the coins needed: You already have some coins needed for your masternode (Zcoin for exemple). You just have to use it to invest in your Masternode.
    • Direct Invest (Coming soon): You have others cryptos like Bitcoin and you directly want to invest in a Masternode. You can invest with it directly in a Masternode. Our direct invest tool will exchange your coins to the crypto needed automatically for you.

4. Get your rewards

When your masternode is started, you still have to wait for your rewards. The first reward take usually more time than the others. You will have to wait in generally 3 times the usual time. For a Masternode paid daily, you will have to wait 3 days for your first rewards. Your available balance will be updated instantly after received your rewards. We just keep 5% of all the rewards to finance our platform.

5. Take your profits

After received your rewards, you can withdrawal them at any moment. You also can wait until have some coins and invest them.

You also have to know

The minimum duration of your invest

The Masternode have to be alive for a minimum period, specially if it’s a shared one and there is others people who want to continue to earn rewards with it. In fact, the minimum duration is 20 days. Then, you will be able to take back your initial invest after the next rewards are generated.

For example, a ZCOIN Masternode currently generate his first reward after 28 days and 18 hours. In this case, you will be able to take back your initial invest after 28 days 18 hours approximately.

About a Bitcoin Green Masternode, the average rewards frequency is actually 1 day and 3 hours. In this case, you will have to wait 20 days and 15 hours approximately.

Keep your capital invested or get it back

If you have a full Masternode, you can decide to renew it automatically. It will after the minimum duration. If you want to get back your initial invest , you can stop the Masternode at any time after the minimum duration. Your available balance will be updated immediately when the Masternode is terminated.

About a shared Masternode, it works the same. But, to keep this Masternode up as long as possible for the others investors, we’ll replace the invests of the investors who want to take back theirs initial invest until it don’t go up 20% of the total amount invested.

Have a nice day and remember:

Westake is making your coins work for you.

November 30, 2018 4 comments

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