{"id":67965,"date":"2023-10-02T17:15:18","date_gmt":"2023-10-02T21:15:18","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/traders-are-buying-this-new-staking-coin-with-10x-potential\/"},"modified":"2023-10-02T17:15:21","modified_gmt":"2023-10-02T21:15:21","slug":"traders-are-buying-this-new-staking-coin-with-10x-potential","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=67965","title":{"rendered":"Traders Are Buying This New Staking Coin With 10x Potential"},"content":{"rendered":"<div>\n<p>A newly launched staking coin with big potential is making waves in the crypto space.<\/p>\n<p>Bitcoin Minetrix, a decentralized cloud mining platform, just launched a presale of its native $BTCMTX token.<\/p>\n<p>The platform is introducing an innovative new stake-to-mine mechanism &#8211; $BTCMTX owners who stake their tokens will earn mining credits.<\/p>\n<p>These mining credits can then be used to earn a portion of Bitcoin Minetrix\u2019s Bitcoin mining operations.<\/p>\n<p>However, in addition to token stakers earning a yield in the form of cloud mining credits, $BTCMTX stakers also earn yield in the form of tokens allocated by the protocol for community rewards.<\/p>\n<p>As per the project\u2019s official staking dashboard, rewards are currently being dolled out at a massive APR rate of over 2,000%.<\/p>\n<p>Bitcoin Minetrix has already been able to raise an impressive near $350,000, despite launching its presale just days ago and investors should move quickly so as not to miss out on these big rewards.<\/p>\n<h2><strong>A Decentralized Solution to Bitcoin Cloud Mining Banishes Fraud<\/strong><\/h2>\n<p>There are plenty of cloud-mining outfits out there, but none are fully decentralized.<\/p>\n<p>BTC Minetrix\u2019s unique selling point is in effectively tokenizing cloud mining and harnessing the many advantages that it gives it over competitors.<\/p>\n<p>With Bitcoin Minetrix there is no need to worry about fraud because everything is handled by on-chain smart contracts, and no cash changes hands.<\/p>\n<p>Bear in mind, too, that Bitcoin Minetrix\u2019s smart contract is fully audited by Coinsult \u2013 it passed with no major issues.<\/p>\n<p>Smart contract automation makes withdrawal of funds super easy, as does earning credits and empowering individual stakers to decide how much mining they want to engage in and when.<\/p>\n<p>Bitcoin Minetrix takes the complication and expense out of mining. You don&#8217;t need to understand how difficulty is calculated or how to keep your client software up to date.<\/p>\n<p>What\u2019s more, there\u2019s no need to make a considerable capital outlay and be exposed to the risk of making a loss on your business undertaking.<\/p>\n<h2><strong>10x Potential?<\/strong><\/h2>\n<p>Crypto analysts have been singing Bitcoin Minetrix\u2019s praises since the launch of its presale.<\/p>\n<p>Popular British presale analyst Jacob Crypto Bury thinks $BTCMTX has 10x potential.<\/p>\n<p>Meanwhile, both Zach Humphries and Michael Wrubel have hailed the project as an innovative new approach to Bitcoin mining.<\/p>\n<p>Bitcoin Minetrix will be using 42.5% of the proceeds of its presale to invest in Bitcoin mining, 35% for marketing, 15% for community rewards and 7.5% for staking.<\/p>\n<h2><strong>Get in On 2023\u2019s Best Staking Coin Early<\/strong><\/h2>\n<p>Its innovative approach to the tokenization of Bitcoin cloud mining to produce a yield for its stakers positions $BTCMTX as potentially one of 2023\u2019s best staking coins.<\/p>\n<p>And investors need to move quickly if they want to lock in their $BTCMTX tokens before the price rises.<\/p>\n<p>When the presale hits $3.08 million, the token price will rise from $0.011 to $0.0111, before eventually ending the presale at $0.0119.<\/p>\n<p>Bitcoin Minetrix is in phase 1 of its four-part roadmap. After the presale phase, the other three phases commence, encompassing development, launch, and mass adoption.<\/p>\n<p>Although not scheduled until phase 2 and 3, talks with cloud providers and work on the stake-to-mine dashboard for app and desktop has already started.<\/p>\n<p>To buy the $BTCMTX token you will need ETH, USDT, BNB or a bank card. If you plan to purchase with ETH you can start staking-to-earn straightaway.\u00a0<\/p>\n<p>Buy Bitcoin Minetrix today<\/p>\n<p><i><sup>Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/sup><\/i><\/p>\n<\/p><\/div>\n<p>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/traders-are-buying-this-new-staking-coin-with-10x-potential-the-next-bitcoin.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A newly launched staking coin with big potential is making waves in the crypto space. Bitcoin Minetrix, a decentralized cloud mining platform, just launched a presale of its native $BTCMTX token. The platform is introducing an innovative new stake-to-mine mechanism &#8211; $BTCMTX owners who stake their tokens will earn mining credits. These mining credits can [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":67966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-67965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Traders Are Buying This New Staking Coin With 10x Potential | iFintechWorld<\/title>\n<meta name=\"description\" content=\"A newly launched staking coin with big potential is making waves in the crypto space.Bitcoin Minetrix, a decentralized cloud mining platform, just\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=67965\" \/>\n<meta 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