By popular demand here comes the definitive tutorial on StableFund!
I’ll explain everything, absolutely everything you need to know to invest in the best possible way and without errors.
For any further information, for personalized help or just to make friends, join my brand new Telegram group, where I can provide you with support in Italian and English!
I know it’s boring, but I have to remind you that I am not a financial advisor and that everything I describe is part of my experience and my propensity for risk: when you invest money there is always the risk of losing it, so DYOR and use caution! I wish you every success!
But let’s get to the topic of our tutorial and that is… STABLE FUND!
What is Stable Fund?
If you’ve only heard of it, StableFund is a cryptocurrency investment platform that trades thanks to AI bots and offers its investors 1.5% daily.
It was born in April 2022 and also has its own app for iOs and Android: I am very happy with the App, someone else prefers to use it from the computer, but the functions you find are exactly the same!
In StableFund, in addition to just staking MATIC, BUSD and BNB you can exchange crypto and buy their SRocket token (another fantastic thing that I will tell you in a dedicated post).
In this tutorial, I will dedicate myself to the use of StableFund and I will assume that you already have the basic skills to invest in crypto: if not, but you want to start on the right foot, join my Telegram group where I can help you and give you advice.
How to register in Stable Fund
First of all, go to https://dashboard.stablefund.app/auth/register and sign up by filling in the data to be entered.
At this point you can create your wallet, I advise you not to import one you already own but to create a new one directly, then click on CREATE ACCOUNT.
Now comes the important part: the site will give you the 6 words of the encryption phrase, COPY IT ON PAPER respecting the numbers, do not keep them on your mobile or computer, and above all COPY it and keep them safe.
These words are your wallet, you must NEVER give them to ANYONE. Those who ask you want to steal the money you have in your wallet.
If you have been good and have COPIED ON PAPER the recovery phrase, now you can click continue: the site will ask you to enter it (respect the numbers!) to verify that you are the owner of the wallet: click on DONE … and congratulations, now you have your wallet on StableFund!
First, now do the same thing with the personal key of the wallet once created: COPY it on paper, keep it safe and NEVER give it to anyone for any reason, because if you give it to someone or lose it, you have lost all the money and there is no way to get them back. You will need it to retrieve the wallet or import it elsewhere (eg MetaMask or TrustWallet).
You can find it by clicking on settings, at the bottom left of the dashboard, as you can see in the image: from here you can manage your account, add other wallets or delete them.
Obviously, mine is hidden, you have to click on the eye to see yours.
While you are here I also recommend that you activate two-factor authentication, so that every time you want to get money out of the wallet you will receive an email with an OTP to enter, as an additional security measure.
Stake your Cryptocurrencies and earn 1,5% daily
Great, now you can start investing!
On StableFund you can stake MATIC (Polygon network) BUSD or BNB (BEP-20 Binance Smart Chain network) by paying only a 3% fee: every day on the deposited amount you will earn 1.5%, you can withdraw your earnings every day and the invested capital can be recovered after 28 days.
If you decide not to take it back and leave it staking, it will continue to give you 1.5% per day, with the only difference being that it is no longer blocked.
Important things to know about Stable Fund and DeFi:
At the time of writing this tutorial, the MATIC contract is paused for the upgrade to V2 which will fix some bugs due to the many transactions: it will be operational again from October 26, 2022, while BUSD and BNB work without errors, as in their smart contracts there are limits to the available transactions, it is 100 transactions for BNB and 200 for BUSD.
Once this number is reached, you can only withdraw, and to deposit new funds you just need to create a new wallet, an operation that takes 3 seconds flat, as just click on the “Add wallet” button and it originates automatically.
Pay attention to the chain every time you send funds from another wallet or exchange, and vice versa:
MATIC chain POLYGON
BNB and BUSD chain BEP-20 (Binance Smart Chain)
Obviously, every time you stake or withdraw you will pay the network gas fees, so it is important that you leave some MATIC or BNB on the wallet for them, you cannot stake everything you have in the wallet.
When you stake BUSD you have to make two transactions, one to approve them and the other to deposit them, while MATIC and BNB do not require it.
The “Withdraw Capital” button only works if you have unlocked capital after 28 days, otherwise, you can only do “Withdraw Rewards”. When you withdraw the capital, it also makes you withdraw the rewards it has accrued up to that moment.
Whoever contacts you privately on social networks offering you help and giving you links where to enter the recovery phrase or the private key of your wallet to “rectify” or “unlock” them is cheating you. They want your money: NEVER GIVE THEM TO ANYONE and you must not click on links sent by strangers. It seems stupid to repeat it all the time, but a lot of people fall for it every day.
If you have been scammed, you can NOT recover anything and unfortunately, no one can do anything for you: you gave your wallet to a stranger and you lost it. So be careful and don’t get in trouble.
This also sounds stupid, but with crypto, it works just like with fiat currencies, you don’t become a millionaire in a few weeks or months and investments are never 100% safe. So always invest what you might lose and think long term.
Here are the official Stable Fund links:
Telegram: Stable fund official
Discord: Stable Fund Discord
App for iOs and Android: check only official stores.