Essentially what the BitConnect service says it does is take your Bitcoin, immediately convert your Bitcoin into BCC (their own token), and pay you interest from their earnings on their “trading bot” (interest is paid in BCC, not BTC — this fact becomes very important later). The interest rates are very impressive, with users reporting an average of about 1% per day. BitConnect’s projections on interest can be found here. BitConnect’s main business proposition is: we can invest better than you can, so give us your Bitcoin and we will send you some of the earnings we made from investing it.
On top of that, they have adopted a Proof of Stake / Proof of Work system. Proof of Stake essentially means that you’re rewarded interest in exchange for not selling your coins. The interest rate they will reward you is shown below:
● NO RECRUITING REQUIRED
● NO SELLING PRODUCTS
● NO FIXED DAILY RATE INTEREST
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■ PASSIVE INCOME IN LENDING INVESTMENT.
■ WITHDRAW INSTANTLY TO ANY BITCOIN ADDRESS
■ CAPITAL RELEASE AFTER TERMS OF CONTRACT
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[ MULTIPLE OPPORTUNITY ]
¤ TRADING 》BUY@ LOW & SELL @ HIGH
¤ LENDING 》Earn up to 40% passive monthly income.
¤ STAKING 》HOLD BCC ON YOUR DESKTOP WALLET
¤ MINING 》Proof of Works mining -required GPU mining unit.
Start today! https://bitconnect.co/?ref=cRYoGeNiKz