Flits has emerged as a top performer in the masternode hosting space. Recent data shows that the decentralized app, which allows users to seamlessly deploy masternodes on their mobile devices, is currently the largest masternode hosting service.
As of press time, the platform boasted over 51,000 users with 13,000 hosted nodes. The total value locked (TVL) on Flits now stands at 81 BTC or $3.4 million.
What is Flits and How Does it Work?
In the ever-evolving landscape of cryptocurrency, masternodes offer an enticing opportunity for passive income. But managing your own masternode can be a technical hassle. That’s where masternode hosting services like Flits come in, simplifying the process for investors.
Flits is a user-friendly platform that allows anyone to invest in masternodes without the technical hurdles. With just a few clicks, users can choose from a variety of supported coins within the Decenomy ecosystem, allocate their desired investment amount, and let the app handle the rest. Flits takes care of setting up, maintaining, and securing the masternode, ensuring it operates smoothly and generates consistent rewards.
The app currently supports a diverse range of masternode coins, such as SAPP, Birake, Dash Diamond, 777, and Mobic, among others. It also doubles as a secured crypto wallet, with support for coins like Bitcoin, Litecoin, and Dogecoin.
This diversity allows investors to spread their risk across different projects and benefit from the unique features of each coin.
Why is Flits on Top?
Several factors have contributed to Flits’s success:
- Simplicity: The platform is designed with ease of use in mind, making it accessible even for crypto newbies.
- Security: Flits employs robust security measures to protect user funds and ensure the smooth operation of masternodes.
- Excellent Support: Flits boasts a dedicated support team readily available to answer questions and assist users.
- Competitive Fees: Their transparent fee structure offers value for money compared to other providers. Hosting a masternode on the platform costs less than 1 cent a day or 21c per month.
With its commitment to innovation and user satisfaction, Flits is poised to maintain its leading position in the masternode hosting market. The team is constantly exploring new features and refining its platform to cater to the evolving needs of investors.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please do your own research before making any investment decisions.