We overcome the disadvantages of traditional staking
such as volatility risk, token locking, dishonest validators, etc.
and operate within a decentralized framework, which means there is no single “boss”.
This fact significantly reduces the risk of network operations.
Conversely, network participants maintain the integrity of the network and the security of the blockchain by providing coins.
This is economically and ideologically beneficial, and furthermore,
it encourages validators processing transactions to act in the best interest of the network.
The operation process is sufficient to simply store tokens in a wallet.
This is an energy-efficient and environmentally friendly process that requires minimal computational power to generate blocks and verify transactions.
Existing staking involves locking up assets for a certain period of time, and top managers use those assets to maintain, verify, and secure the blockchain, and in return, they are rewarded.
There is a risk that this may occur due to price fluctuations or dishonest validators during the lock-up period.
However, CRYPTOCLOUD completes asset verification in just a few minutes and there is no lockup on staking assets.
This means there is no risk of market volatility in existing staking, no concerns about value loss due to token lock-up, and no risk of asset loss as there is no actual asset movement.
Most staking is done with new tokens that are either highly liquid or have unclear sponsors.
USDT is a token with a 1:1 value with USD, so there is no risk of loss due to market volatility during the process of buying and selling or holding to generate profits.
This eliminates the hassle for investors to diversify their portfolios and protects against losses due to market price fluctuations.
The largest cryptocurrency exchange by daily trading volume is Binance. Trust Wallet is a crypto wallet acquired by Binance.
Trust Wallet has 140 million users and supports millions of assets across 100+ blockchains.
Our CRYPTO CLOUD is officially supported by Trust Wallet.
We do not obtain any personal information of investors in any way other than logging in using Trust Wallet.
Centralized asset management of exchanges requiring real-name verification breaks the biggest advantage of cryptocurrencies: anonymity. Asset and profit owners are clearly identified.
We do not require any information other than a few minutes of asset verification in an anonymous decentralized wallet.