Q&A for Crypto Trading on BANKT.CO
Which trading system is used?
Our trading system is an advanced AI (Artificial Intelligence) server that operates based on a combination of market making and smaller hedge positions.
Which deposit methods are accepted?
We currently accept deposits in Bitcoin only.
What are the fees for deposits and withdrawals?
For the moment there are no fees for deposits and withdrawals.
Are there any restrictions for deposits and withdrawals?
For deposits there are no restrictions. For withdrawals the minimum amount is 0.005 BTC.
Will the investment be blocked for a certain period or am I able to withdraw at any time?
The investment will not be blocked and the withdrawal of funds is possible at any time. Payout is effective on the following Monday, on a weekly basis. (Example: if you request for withdrawal on Wednesday, it will be paid out the following Monday).
Are there restrictions for payouts?
What happens to the deposited amounts and how does the staking process work?
The deposited amounts will be staked into our trading system. The staking process works as follows:
- 1. The amount will be staked for one week (Monday to Sunday).
- 2. You can request a partial or full withdrawal at any time.
- 3. Earnings can be re-staked automatically if you like (see settings in your profile)
- 4. You can check your account balance in the main menu („My Investment“).
What are the estimated weekly returns and when will they be paid out?
Your weekly earnings and possible referral commissions are paid out on a weekly basis and can be reinvested or kept in the users balance (see settings in your profile). Different market conditions regulate different percentages of returns. In general: the more volatile the market, the better the returns will be. Currently the weekly returns are between 0,5 and 3,5 %. As for all types of investments: past performances are no guarantee for future returns and one should always invest as much as you are willing to lose.
Will the maximum be paid out always?
To which wallet will my investment be transferred and why?
Your investment will be transferred from your unique wallet on BANKT to various trading partners for maximizing the oversight aspect of our 24/7 trading management process as well as our wide range of trading strategies.
Will my investment be transferred into a large pool or does everyone have their own trading account?
Your investment goes into various trading accounts in various places. There is not only one pool where the trading takes place for many reasons; you can think of security, oversight and the leveraging of many trading strategies.
Will the trading always run from Monday to Sunday?
Trading begins on Monday at 00:00 and ends on Sunday 23:59. Any deposit received after Monday at 00:00 will go into trading the following Monday and will be available for withdrawal the Monday after.
Can I withdraw my full investment after one week?
Yes, you can withdraw all after one week without any restriction, unless external circumstances like eg. a lock down period influence the transfer.