Frequently Asked Questions
Bitconnect Lending FAQS
When will the lending interest be added to my account?
It will be added just about every 24 hrs of your lending transaction has been authorized. All lending transactions will be handled individually for interest payments. The interest rate that you generate each day working with our investment platform is measured through our BitConnect Price Volatility Software and accumulated daily.
I typically receive a daily profit from lending but why is there no interest payment been given today?
The daily revenue is not certain. The interest rate that you earn everyday utilizing our investment platform is measured by our BitConnect Price Volatility Software and accumulated daily. Some times, the profit may be zero percent.
Make sure you have a look in this article: volatility software interest
The login shield not permit me to withdraw my bitcoin or bitconnect from my account - Why?
Login Shield Verification security is extremely crucial to keep your accounts secure against any unauthorized transaction from BitConnect and it needs you to verify your login information every time you log in from a different browser or device.
To confirm your new browser, simply click on the "Orange Button" which is on the dashboard to send the new browser verification link to your registered e-mail address.
How long will it take to confirm by balance after I transfer bitcoin from another wallet?
It usually takes about ten minutes for bitconnect to confirm your deposit. Bitconnect confirms your deposit with the 1 bitcoin network confirmation.
What is the minimum amount of money to reinvest in bitconnect lending?
Ten dollars ($10) is the minimum amount to reinvest and in multiples of ten dollars ($10).
I currently have a negative balance in my Bitconnect and/or my Bitcoin wallet - Why?
Anytime you send bitcoin/bitconnect to a different wallet, a small fee is required (not retained by us) and it paid out to the blockchain.
If there isn't enough bitcoin/bitconnect left if you wallet, Bitconnect will pay that fee for you which will put you into a negative balance. Bitconnect will recover that fee the next time you deposit bitcoin/bitconnect in your wallet.
If I compound my investment to $1010, will I qualify for the additional percentage?
Sorry, but no. Each individual lending amount is handled independently and you will not qualify to have an extra 0.10% on your lending. The lending interest payments rely on how much each lending amount is.
Here is an example: lets say you have 3 separate investments that total $1010 or more, this doesn't give you the additional 0.10% on your lending. You need have make just ONE investment of $1010 or more to qualify.
When my lending contract is completed, so I get back USD back or BCC?
Bitconnect will send you USD and you will receive it in your lending wallet.
So, what is "lenders feedback"?
Lenders receive one feedback for each transaction. Bitconnect uses a star rating system that helps determine the credibility and activeness of the community members.
I want to start earning interest with my Bitconnect Coin. How do I do that?
In Bitconnect Lending, how are you interest payments determined?
Bitconnect uses the price volatility software to determine the interest rate on your lending. The earning interest on bitcoin lending float over the time and is exclusively decided by the software and Bitconnect Trading Bot. Bitconnect will consider last closing interest rate of Bitconnect price volatility software for next day’s interest rate.
Here is an example #1 for amount $1000: If you lend $1000 today - you will see interest accrued after 24 hours, calculating that day’s interest rate as shown in the bar chart. If it is 0.45% then you will have $4.5 next day in your account as profit.
Here is an example #2 for amount $1010: If you lend $1010 today - you will see interest accrued after 24 hours, calculating that day’s interest rate as shown in the bar chart + 0.10% fixed return. If it is 0.45% then you will have $5.51 (with 0.10% fixed return) next day in your account.
For Bitconnect lending, what currencies are accepted?
BitConnect coin (BCC) as mode of payment is accepting for Bitconnect lending. The US Dollar value is using all lending investments and profit payouts.
Is there a bitconnect referral system? Can I earn by referring members to the community?
Absolutely, there is a very rewarding bonus program for referring members that will allow you to receive referral commissions if your referral invests in bitconnect lending. As of right now, there are no commissions on buying or selling bitconnect coin.
How is profit generated in Bitconnect lending?
- 1Bitconnect uses a trading bot to generate profit with bitconnect lending.
- 2Bitconnect volatility software calculate and share generated revenue to all members.
- 3Everyday all the members profits and automatically deposited into their lending wallets.
- 4You can transfer it to the BitConnect wallet at the market price of BitConnect coin and exchange BitConnect coin to Bitcoin on the exchange platform.
For Bitconnect lending, what currencies are accepted?
There are several strategies you can use invest in the Bitconnect platform, each that have a difference level of earning opportunity associated.
If you want start earning with Bitconnect Lending, you have to buy some bitconnect coins. You can do this by buying Bitconnect Coins from the BCC Exchange with bitcoins.
Using the Bitconnect Dashboard, you can invest Bitconenct coin in the Bitconnect lending platform. Bitconnect uses a Bitconnect trading bot and volatility software that you can profit from. You will acquire daily profits dependent on your investment option. When you investment term is completed, you will get your initial capital back and you can use this to reinvest in bitconnect or withdraw and transfer into another wallet.