Coinsbit Staking – Introducing Coinsbit Staking Pool – CIN Staking – Easy to Make More CIN Coins

staking pool is a group of coin holders merging their resources to increase their chances of validating blocks and receiving rewards. They combine their staking power and share the rewards proportionally to their contributions to the pool.

Setting up and maintaining a staking pool often requires a lot of time and expertise. Staking pools tend to be the most effective on networks where the barrier of entry (technical or financial) is relatively high. As such, many pool providers charge a fee for the staking rewards that are distributed to participants.

Other than that, pools may provide additional flexibility for individual stakers. Typically, the stake has to be locked for a fixed period and usually has a withdrawal or unbinding time set by the protocol. What’s more, there’s almost certainly a substantial minimum balance required to stake to disincentivize malicious behavior.

Most staking pools require a low minimum balance and append no additional withdrawal times. As such, joining a staking pool instead of staking solo might be ideal for newer users.

Coinsbit India launches in India on 9th April 2021
The exchange adheres to all guidelines set by the government ensuring credibility, convenience, and transparency
To mark the day, Coinsbit India is organizing India’s Biggest Airdrop Ever where every user will be rewarded with $200 worth of CIN Tokens for signing up and completing their KYC along with a referral bonus

On 9th April 2021, Europe’s largest and award-winning cryptocurrency trading platform, Coinsbit, will be launching its brand new exchange – Coinsbit India. To mark the day, Coinsbit India is organizing India’s Biggest Airdrop Ever where every user will be rewarded with $200 worth of CIN Tokens for signing up and completing their KYC. Along with referral bonuses, they have planned other incentive programs as well. The new platform has been created to position itself as a leading player in India’s cryptocurrency market, which is just beginning to take shape at a serious level. The exchange adheres to all guidelines set by the government. It’s the goal? Provide quality services at a high level, ensuring credibility, convenience, and transparency.

Tokenomics:
Coinsbit India Token (CIN): $0.10
Total Supply: 100 Billion CIN Token
Website: www.coinsbit.in

While announcing the CIN token release, the CEO of Coinsbit India, Ravneet Kaur, talked about the potential of the platform. She said, “Coinsbit India looks to become the foremost trading ground for a market that’s just beginning to see cryptocurrency’s potential. Together with Coinsbit, we strive to revolutionize the Indian cryptocurrency and blockchain space. We operate in compliance with the guidelines set out by the government of India at all times. We want to bring a revolution in blockchain and cryptocurrency in India through our innovative financial platforms and products and India is at the forefront of the biggest changes the world has ever seen. Coinsbit India looks to bring service, reliability, and convenience that any other platform cannot match, and we’re proud to be partnering with one of the world’s largest cryptocurrency exchanges”.

Benefits of CIN –

Coinsbit India Token (CIN) is the native token of Coinsbit India and has been developed not only to provide many exchange benefits but also for a world of amazing use cases of blockchain technology.

Major crypto experts and analysts believe that they are going to bring in major disruptions in Indian Crypto Space and are suggesting everyone to not miss on this airdrop.

This asset will give users access to unique features on the exchange, as well as additional bonuses and privileges which include a discount in trading fee, staking, interest incentive, access to Coinsbit vault and marketplace, Defi exchanges, NFTs, and many more.

CIN Token will never have a Public Sale and will only be issued through Sign-ups, Referrals, Trading Competitions, Social Media Challenges, and Staking.

Sharing the excitement with us, Ketan Surana, CFO of Coinsbit India, says “There is a massive crypto revolution going on at the moment and it is an exciting time for cryptocurrency in history. The market is seeing a surge like never before and there will never be a better time to learn and invest. Seeing record-breaking numbers lately with huge hype about NFTs there is a great potential for digital artists and creators. CIN is definitely going to be a gamechanger!”About Coinsbit

Coinsbit India is a joint venture between Cryptic Coinsbit India and Prof-it Limited, intending to bring the best cryptocurrency exchange platform to India. With its headquarters in Estonia, the popular cryptocurrency exchange platform has a reported user base of 5 million users and a monthly transaction volume of 12 billion-plus USD. It was named the best 2018 crypto exchange at Asian Blockchain Life, 2019. They offer full support as your partner in cryptocurrency asset management. Their strengths include well-timed order execution, local market insight, and multi-tier crypto asset security management bringing a full suite of services that a blockchain and a global exchange provide to the users.

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