Mine BTC: Full Overview of Gate’s Staking Product

Participate in Mining using BTC staking

Gate’s on-chain coin earning BTC Mining product allows users to stake BTC at a 1:1 ratio to receive GTBTC, thereby earning stable daily returns. This product aims to enhance the asset utilization efficiency of BTC holders and achieve a low-risk, high-flexibility passive income model. The following data is based on official figures available before the deadline:

• Total Staking Amount: The current total staking amount has reached 840.99 BTC
• Reference annualized yield: fluctuates daily, the current reference annualized yield is 3% (after deducting a 3% service fee)
• Exchange rate: 1 BTC = 1 GTBTC

How to participate in BTC mining?

Users can participate in Gate on-chain earning coin BTC Mining products through the following process:

1. Staking BTC
   Users can stake BTC on the platform and exchange it for GTBTC at a ratio of 1 BTC = 1 GTBTC.
2. Hold GTBTC to earn profits
   Automatically earn daily income in the form of GTBTC without manual operation.
3. Redeem BTC at any time
   Users can redeem GTBTC for BTC at a 1:1 ratio, achieving both asset liquidity and returns.

Participate in Gate BTC staking now and start your on-chain Mining earning journey:https://www.gate.com/staking/BTC

Advantages of choosing this product

1. Low barrier to entry
   A minimum of only 0.001 BTC is required to participate, suitable for all types of investors.
2. Flexible Staking Redemption
   Support for fast staking and redemption, effectively responding to market volatility and diverse PoS staking strategy needs.
3. Daily Earnings Distribution
   Earnings are automatically distributed to users’ accounts daily, allowing for coin interest accumulation.
4. 100% reserve guarantee
   The platform promises a 100% reserve guarantee, ensuring user assets are secure.

Reference annualized yield

The reference annualized yield for BTC staking will fluctuate based on the total on-chain staking amount and daily actual earnings. To ensure the perpetual operation of the overall product, the platform will charge a 3% service fee from the earnings. The daily dividend payout time is on D+1 after staking.

Summary

For further information or to participate immediately, please visit the Gate on-chain earn coin page for detailed information. Through simple staking operations, you can generate stable passive income from idle BTC.