Tag Archives: bitconnect

BITCONNECT FULL TUTORIAL 2017

welcome to another video this is crypto method from Instagram again following on from the first video this is a bit of a walkthrough one how to lend on Bitconnect so first and foremost head over to coinbase you can find the link in my bio ok once you're here you can actually click on to buy and purchase your bitcoins directly from your debit card or credit card okay so in my case I've made two purchases now and the first purchase on 24th of August the second purchased on 28th of September which is today so I've placed 100 UK pounds worth of Bitcoin but of course you can do dollars as well there is a fee with coin base and only 96 pounds and 16 pence has gone towards and the bitcoins out of purchase which equates at the moment to naught point naught 3 0 3 0 0 3 7 Bitcoin now you want to get investing track away with this Bitcoin you need to know exactly what to do next so we need to send these bitcoins over to our bitconnect wallet and as explained previously bitConnect is a trading but piece of software where you can generate investments by placing loans you get 1% on average daily interest sometimes it's more sometimes it's less but I found personally on average it is roughly 1% alright so I'm just going to log in now and once we're logged in we're going to show you how easy is to send this Bitcoin across to the bit connected to platform okay so we want to receive Bitcoin or BTC coin okay so we're going to look at now is deposit Bitcoin this is going to give us a unique wallet address which is going to be first of all copied okay then we'll go over to coin base and click send to ask us the same address make sure this is accurate I wouldn't I would always recommend copy and paste in this and double checking you have that the last letter if you send this money to the wrong place you will not get it back so if I just put the amount which is the total amount that having my coin base while it 101 UK pounds and 61 pence there's no need to write a note it's going to send 003221 BTC or bitcoins to my bitconnect account just show us a network fee of naught point eight seven which is 87 pence in UK for making this transaction okay so this step is to step security verification so I would always urge you to have this on it will send a code out to my mobile phone just type that code in here so now my transactions on in the way fantastic so at the moment still pen we flick over now from the coin base to bit connect we have a quick scroll down we can see that here are the incoming bitcoins to the bit Connect platform now so it's 0

03 two to one if we have a look at the amount that we sent over so that's the same amount less that small fee there okay this transaction does still shows pending so and will shows unconfirmed initially fantastic as you can see now the doesn't currently show any incoming Bitcoin transactions however my Bitcoin while it has been updated by that amount which transferred from coinbase so at the moment have 003 four four five one six two bitcoins okay fantastic now we're going to head over to lend bit connect so just a brief introduction about what you're looking at at the moment so here you can choose the amount to lending dollars okay okay fantastic so Northpoint three four four five one six two in the bit connect in the Bitcoin wallet sorry for now we have to take this from the Bitcoin wallet into the bit connect wallet and then we're lending out the bit Connect coins in order to make those daily profits okay so we'll start by clicking this button here which is the exchange button so we'll just scroll down the page to click on look for the section which is by BCC by bit connect coins in order to do that we click on all which will select all of our available bitcoins buy bitcoin eight will confirm the transaction so we know we're asking for one point zero nine eight six zero eight five five bit Connect coins will just push confirm perfect you will get a pop-up message to say that that order has been placed if you head over to the top you'll then see the bit connect wallet now shows one point zero nine eight six zero eight double five fantastic now we have that we can head back over to the dashboard right once you're at the dashboard we're now clicking lend bit connect if you're investing a hundred to a thousand dollars you'll get the capital release after two hundred ninety nine days your investments lockdown till then however your daily interest payments are paid out into your lending wallet that you can transfer into bit connect or bitcoins to withdraw or through coinbase so you can transfer funds bats coinbase have them back on your cart that'll be for the interest part of what you're earning okay and the new capital investment will be released after these dates to ping on how much you invest so we're gonna start him now today might have enough for one hundred and forty okay yep so we've got enough flour for 140 because for 140 it's one point zero seven zero eight five nine five four and you can see over here in the bit connect toilet we've got one point zero nine eight six zero eight double five so we've got just enough to 240 so we can say we've read the Terms of Use terms and conditions and will click volatility software interest so we'll just check out what the interest rates gonna be for the next few days in the last few days so as you can see today was pretty poor day zero point one three that's made up for by tomorrow which is one point eight five percent the day before was one point eight five the day before was one point zero one point five one day before that and on the twenty fourth it was zero percent interest so as you can see this fluctuation does vary however it does average out over the last 30 days at nought point nine seven or roughly one percent Interest per day okay so now I'm gonna pay from my bit connect wallet let's get that loan locked down fantastic so we get success to say that we've lent out one hundred and forty dollars in bit Connect tokens fantastic if we scroll down now we should be seeing out updated total investment here this should actually update to three hundred dollars now in total so we're just going to wait for that to update let's just give me equipment fresh on the page fantastic now we've got three hundred dollars invested we're seeing a one percent return on investment okay so if we just put in these three hundred dollars into a quick calculator we can calculate how much interest we're going to earn over the coming weeks and months plus I'm going to be adding to these month one month so we'll definitely getting more than this amount however let's have a look right so we're gonna page the three hundred dollars in there if we go if the average interest of the last six months okay because the minimum term that I'm going to do is six months so in days 365 days if I just go with 182 days which is roughly 6 months King click calculate so that initial $300 principle which I have at the moment you will see the total return on investment of 161 098% with the profit with a principal amount of 1785 pound 94 or a total profit of 485 pounds and 94 pence now as you can see this is a chart of the interest daily I've been using this software I know it works I'm very confident in the abilities of bit connectors and as you can see it is fairly simple and easy to complete that now all we have to do is wait until we build up another $10 at the moment have $5 32 and at that point you can reinvest that thank you for listening today in crypto method you've been speaking to Joel if you click the link below you'll be able to head over to the bit connect websites and you'll be able to sign up there if you look into buy bitcoins for the first time then I've also left a link to corn-based below as well find me on Twitter find me on Instagram as well under crypto method if there's any questions please leave me a message and I'll definitely get back to you within about 24 hours to answer any of those questions for you okay thank you take care god bless thank you for listening

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