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banking [2020/02/05 06:03]
boot2thrill
banking [2020/04/24 07:26] (current)
boot2thrill
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 With the Conceal Desktop wallet, and very soon with the Cloud and Mobile wallets too, you can choose to lock any amount of your ₡CCX holdings as a deposit in the blockchain and earn interest on it. With the Conceal Desktop wallet, and very soon with the Cloud and Mobile wallets too, you can choose to lock any amount of your ₡CCX holdings as a deposit in the blockchain and earn interest on it.
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-Click [[https://​github.com/​ConcealNetwork/​conceal-papers/​blob/​master/​Conceal_Banking_Whitepaper_v1.0.docx?​raw=true|here]] to download Conceal Banking Whitepaper. 
  
 ==== What is a Deposit? ==== ==== What is a Deposit? ====
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 ===Step 2=== ===Step 2===
  
-You are now in the Banking screen of the Conceal Desktop Wallet. Enter the amount you would like to deposit, followed by the duration. The Deposit Details will update to show your expected interest earnings for the values you set. Click Make Deposit once you are ready to proceed. You will be asked to verify with your password. In the example below, we are creating a 10 CCX deposit for 1 month.+You are now in the Banking screen of the Conceal Desktop Wallet. Enter the amount you would like to deposit, followed by the duration. The Deposit Details will update to show your expected interest earnings for the values you set. Click Make Deposit once you are ready to proceed. You will be asked to verify with your password. In the example below, we are creating a 10 CCX deposit for 1 month.
  
 {{ :​banking3a.png?​ |}} {{ :​banking3a.png?​ |}}
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 === Deposits === === Deposits ===
  
-**Minimum Deposit:** 1 CCX\\+**Minimum Deposit:** 1 CCX\\
 **Minimum Term:** 21,900 blocks ( 262,800 blocks / 12 months ) -> 1 month\\ **Minimum Term:** 21,900 blocks ( 262,800 blocks / 12 months ) -> 1 month\\
 **Maximum Term:** 262,800 blocks ( 365 days x 720 blocks ) -> 12 months = 1 year\\ **Maximum Term:** 262,800 blocks ( 365 days x 720 blocks ) -> 12 months = 1 year\\