Marketmaking for Earning Interest on Cryptocurrencies
Marketmaking for earning interest on bitcoin and other cryptocurrencies. The purpose of the app is to offer you a hot wallet with interest-earning feature for depositing and withdrawing bitcoin and other cryptocurrencies.
There are two wallets, one for bitcoin (BTC), and the other one for the following cryptocurrencies (ETH, WBTC): Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Bitcoin Gold, and many others. You will be able to exchange cryptocurrencies using the exchange feature.
How does the wallet work?
1. First, you need to enable the marketmaking function for your wallet.
2. Next, you need to enter the required secret phrase for your wallet.
3. Next, you need to deposit or withdraw your cryptocurrency.
4. You need to enable or disable the marketmaking function in the same way as when you started the app.
Why it works?
The purpose of the marketmaking feature is to provide customers with an opportunity to earn interest on their cryptocurrencies.
What are the advantages of the Marketmaker?
The advantages of the Marketmaker feature are:
- All the cryptocurrency you deposit in the hot wallet will be yours;
- The hot wallet will provide the ability to withdraw your cryptocurrency as soon as the market is open;
- No transaction fees, no additional costs for the customer;
- All of your balances are maintained even when you are offline.
Why you need WBTC?
You can only deposit BTC in your wallet, but there are times when the sum of BTC may decrease, and WBTC may increase, and vice versa. At any given time, the sum of BTC and WBTC will be greater than before.
