Today i wanted to show everyone how to earn compound interest by staking TRX coins in your Atomic Wallet.
This is one of the easiest ways to earn daily profit, all you need to do is buy TRX coins and hold them in your wallet and you can receive daily payouts.
The interest on TRX is only 5% per year although with daily compounding we can increase this amount significantly, and with some time the value of TRX might increase which will mean our daily payouts are worth much more than compared with our original investment.
To start, download Atomic Wallet.
Atomic wallet lets you hold many different coins easily and securely, and it also has a great coin staking feature that lets you earn profit by holding many different coins inside the wallet.
Once your inside atomic wallet, click on the staking feature located on the left hand side menu.
Next you will be presented with a list of all the coins available for staking, click on TRON (TRX).
On the next screen you will see your TRX balance, and here you can claim your daily payouts.
Click on the stake button to stake your coins.
This page will let you calculate the daily earnings.
To compound daily you will need to hold at least 10,000 TRX. If we look at the calculator below this will generate around 500 coins per year which means you will get at least 1 tron coin daily, enough to restake and earn compounding interest.
There is a fee of 0.1 tron each time you stake, so this will take a small amount of your profit each day.
What i would suggest is restaking around once a week until you build up more coins to be able to reinvest your coins daily.
This is a fairly low risk way to mine cryptocurrency without having any expensive hardware, although as always never invest money your not willing to lose!
And if your looking for more ways to get free cryptocurrency be sure to check my list of earning websites here.