Keeping coins in the exchange is not good for us. so I decided to put it in the pool of POS. because my coins are almost zero.
A POS pool is simply divided into the contributions of the staking rewards, like a mining pool.
It is most safe to staking directly onto a private wallet, but it is so unlikely to be rewarded. so I'm gonna try POS pool for a little revenue.
However, it's a good idea to remember that these sites are always likely to be broken.
The most popular POS pool site is the simplepospool(https://simplepospool.com).
The last time I logged in to check it out, I felt nervous because I was out of access. but It's running again.
[A little info] I tried to dig up the POS pool, but ' simplepospool ' is not reachable
Since POS is a kind of equity certificate, I have to stake my coins into POS pool. It's similar to the one you put in the bank.
In other words, you have to deposit the coin.
When you enter the deposit menu, you can see many coins.
Just like any other thing creates a wallet, a click will give you a simple wallet address. Of these, you can create an address for the coin you want to stake.
For instance, I'll show you Linda Coin.
Click on the 'Generate Destination Address' marked with a red box here.
If you don't agree, you can't use it after all.
The red box is the address. It is copied automatically when you click on the address with the mouse.
Now, I have to send the coin to this address.
I went to Cryptopia after a long time.
If you go into the balance menu at the top right, you'll find your coins.
You can 'withdraw' the coin you want to send.
The red box represents the withdrawal menu.
If you click on this,
First, decide the number of coins to send and then insert the address.
The area marked with red is Linda Coin wallet address.
Just write down the pin code below.
Next!
Lastly, I need to confirm my email.
Returning to the simplepospool again. and You can check the deposit details by pressing Activity in the left menu.
Linda has not come in yet, but the account details of the coin I sent before are checked.
If this information was useful and you would like to start POS with simplepospool. then I would appreciate it if you could use the following recommendation.
https://simplepospool.com/?ref=banjjakism
I don't know what the benefits are yet, but the recommendation code is always better than none. ^^
