What is Stake ?

Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Unlike proof-of-work (PoW) based cryptocurrencies (such as bitcoin), where the algorithm rewards participants who solve complicated cryptographical puzzles in order to validate transactions and create new blocks (i.e. mining), in PoS-based cryptocurrencies the creator of the next block is chosen in a deterministic (pseudo-random) way, and the chance that an account is chosen depends on its wealth (i.e. the stake). In PoS cryptocurrencies the blocks are usually said to be forged (in the blacksmith sense of this word), or minted, rather than mined. Also, usually all the coins are created in the beginning and the total number of coins never changes afterwards (although there are some other versions of PoS where new coins can be created). Therefore, in the basic version of PoS there are no block rewards (e.g. as in bitcoin); so, the forgers take only the transaction fees.

 

 

How to stake a coin ?

1) - You need to select a coin with stake ability .
2) - Send coin to your wallet here in coinsmarkets or buy coins .
3) - Stake are credited once per day GMT time @ 00:00 .

 

 

How we calculate stake ?

Stake coins are calculated once per day (GMT time @ 00:00 ) , We count overall generated coins and split them on all users balance .
So a balance of 10 coins get 10 share , a balance of 1 coin get 1 share .
If the total balance of the wallet is 100 coins then the user who had 10 coins (10% of the wallet amount) get 10% of total staked coins.
Note even coin that are currently in trade (on order) will also generate stake share .

 

 

How much can i make from staking ?

Each coin is different , please refer to the coin specification to calculate your stake .

 

 

Why it is better to stake your coin in coinsmarkets ?

1) - You will generate more staking coins with us , Since u are not only getting stake coins according to own balance but also coins from our wallets made from DEV giveaway ,fees and transaction fees .
2) - You will keep generating stake coins even if your coins are in order , Ability to trade and stake at the same time .
3) - Some coins require that you keep your wallet open in order to generate stake , Our wallet is always online 24/7.

 

 

Is it possible to see stake stats in coinsmarkets ?

Yes check the data bellow :
Coin NameToday overall Stake AmmountTimeTop Member
  Mousecoin 19586678960.000000000 (MICE) 08/11/2017 02:08:03 equate made (18210526296.700000000)
  InflationCoin 132136.350685000 (IFLT) 08/11/2017 02:08:03 joe123 made (75783.285975200)
  Electra 27276.102739700 (ECA) 08/11/2017 02:08:03 clergy made (11227.402562600)
  SweepstakeCoin 23559.002736550 (SWEEP) 08/11/2017 02:08:03 McDaddyfresh made (9314.761112280)
  Ohm 2876.800246000 (OHM) 06/18/2017 04:06:14 Sonickers made (1317.939622290)
  1337 2273.711590440 (1337) 08/10/2017 02:08:02 equate made (1111.745394270)
  ObamaCare 870.926860350 (OBC) 08/11/2017 02:08:03 equate made (307.400994387)
  Lisacoin 735.326986300 (LISA) 06/18/2017 04:06:14 polunin2009 made (556.482887165)
  700 Coin 183.853231160 (700) 08/11/2017 02:08:03 admin made (57.705875112)
  BUBBLE 110.000000000 (BUB) 08/11/2017 02:08:03 cryptano made (64.440113860)
  Nobtcoin 93.092142580 (NBC) 08/11/2017 02:08:03 wendel_inova made (46.946870641)
  Rain 72.876712320 (rain) 08/10/2017 02:08:02 admin made (44.273380402)
  QuantumVort 63.717949400 (QVORT) 08/11/2017 02:08:03 admin made (25.504037042)
  OliTwistCoin 46.129646700 (OLIT) 08/11/2017 02:08:03 nav1gator made (15.935992053)
  EXPAT 40.953241710 (EXPAT) 08/11/2017 02:08:03 dirk1977 made (11.876464525)
  Lycaon-pictus 37.012461470 (LYC) 07/28/2017 01:07:53 equate made (26.768752419)
  Vsync 30.000000000 (XVS) 08/11/2017 02:08:03 BrokeDummy made (27.006455047)
  GirlsToken 22.833992180 (XGTC) 08/11/2017 02:08:03 equate made (18.177410779)
  CreedTokens 20.000200000 (CREED) 07/24/2017 01:07:50 equate made (18.978149887)
  Netchain 17.155758780 (NTN) 08/11/2017 02:08:03 equate made (5.155145011)
  421 12.630000000 (421) 06/18/2017 04:06:14 playersfun made (8.236822050)
  CHEAPCOIN 11.857719840 (CHEAP) 08/11/2017 02:08:03 ferreira10 made (6.358717247)
  Impact 4.069382470 (IMX) 08/11/2017 02:08:03 admin made (2.459770090)
  Doubloon 3.783150680 (BOAT) 08/11/2017 02:08:03 ferreira10 made (2.275745602)
  Dea 3.427723380 (DEA) 07/20/2017 01:07:40 yurash made (1.607429377)
  Marijuanacoin 3.000000000 (MAR) 08/11/2017 02:08:03 equate made (2.772459759)
  ReddByteCoin 2.180991240 (RBC) 08/11/2017 02:08:03 Tsarevichh made (1.151417334)
  GeyserCoin 2.154733130 (GSR) 08/07/2017 02:08:58 admin made (1.052547209)
  UDOWNCoin 1.976866950 (UDOWN) 08/11/2017 02:08:03 russokito made (1.170055474)
  ThomasJefferson 1.440799970 (THOM) 06/18/2017 04:06:14 equate made (1.143177780)
  Halloween 1.396261630 (HALLO) 07/13/2017 01:07:25 bitcoin made (1.294126119)
  Trance Coin 1.095299920 (Trance) 08/02/2017 02:08:44 bitcoin made (0.636530609)
  ZeniCoin 1.057133470 (ZENI) 08/11/2017 02:08:03 SirWilliam made (0.969358374)
  Crave 1.000000000 (CRAVE) 08/09/2017 02:08:00 johnaarne made (0.324083965)
  Info Coin 0.780029850 (INFO) 08/11/2017 02:08:03 unsaac made (0.506421154)
  PartyCoin 0.735456680 (PARTY) 08/11/2017 02:08:03 admin made (0.526064866)
  Cryptodao 0.557985410 (CDO) 08/11/2017 02:08:03 admin made (0.182676123)
  StaxCoin 0.225877300 (STAX) 08/03/2017 02:08:45 equate made (0.060245560)
  Workercoin 0.201236200 (WOK) 07/28/2017 01:07:53 sesiah made (0.086941971)
  DASHSCRYPT 0.199593460 (DASHS) 07/08/2017 01:07:12 admin made (0.124959839)
  Bitcoin Planet 0.180428020 (BTPL) 08/11/2017 02:08:03 ferreira10 made (0.136548426)
  VirtacoinPlus 0.135617900 (XVP) 08/11/2017 02:08:03 abledigital made (0.115923130)
  GRUMFORK 0.131638480 (GMF) 08/04/2017 02:08:46 equate made (0.125056556)
  BioBar 0.078605320 (BIOB) 08/11/2017 02:08:03 equate made (0.074675054)
  BestChain 0.019493870 (BEST) 08/11/2017 02:08:03 equate made (0.018213700)
  Wyvern 0.008693150 (WYV) 08/05/2017 02:08:48 Elroi made (0.005293872)
  Denarius 0.005290000 (DNR) 08/11/2017 02:08:03 120kilos made (0.002020921)
  ECOcoin 0.003696170 (ECO) 08/02/2017 02:08:44 TIC made (0.003511362)
  Cryptogold 0.002937900 (CG) 08/02/2017 02:08:44 RedRabbit made (0.002777866)
  KingNCoin 0.000109510 (KNC) 07/24/2017 01:07:50 raimch89 made (0.000049064)
  PupaCoin 0.000000110 (PUPA) 08/11/2017 02:08:03 KPACAB4uK made (0.000000033)

 

 

 

 

 

 

 

 





News

Giveaway of 20 BMXT

Time : 2017-08-18
All members with active trade @21-08-2017 will get a share of those coins . Join now and make your first active trade .

CoinQuest Removal

Time : 2017-08-13
After Dev request , we are delisting QWT from our exchange please withdraw all your coin ,

BTC wallet Online

Time : 2017-08-02
BTC wallet is working fine now .

BTC wallet disabled

Time : 2017-07-31
Bitcoin wallet is disabled until we see how the fork go .

SweepStake wallet crash

Time : 2017-07-29
Sweepstake wallet has crashed , we are syncing the wallet again , please bear with us while we are working on it .

New Wallet status

Time : 2017-07-27
We just introduced new wallet status page , it is available @ Wallet Status.

Newly Listed
NameTicker
Walletbuilderscoin WBC
Fraz Coin FRAZ
Gheez G
Rupaya RUP
Sojourn SOJ
CoinQwest QWT
Signatum SIGT
AdCoin ACC
OliTwistCoin OLIT
Bitmxittz BMXT

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