LabX Nodes is a
platform designed for the easy setup and management of nodes. We aim to
simplify the process and make it accessible for everyone, from beginners to experienced
users.
Signing up is simple.
You need to create an account using your email as the username and choose a
password. We use your email to send verification codes and notifications about
your account.
We prioritize your
security by using email verification for sign-ups and notifications.
Additionally, you must enable Two-Factor Authentication (2FA) on your account
to be able to withdraw from the platform. This adds an extra layer of security
to your account.
Depositing funds is
straightforward. Once you are logged in, navigate to the Overview page, select
the project you would like to deposit coins to, and click the deposit button
for that project. Follow the instructions provided by the platform to complete
your deposit. You will receive an email notification confirming your deposit.
Once your deposit is confirmed, head over to your portfolio page and select "invest" , select the coin, and the amount you would like to
invest into a shared node. Your investment will become active after 24 hours.
Every new investment takes 24 hours to become active. Once the investment is active, payouts are done every 24 hours (could vary based on specific projects blockchain specifications). In total, expect to receive your first reward in roughly 48 hours.
LabX offers
instant nodes, meaning you don't have to wait for the node to be filled to
start earning rewards. Your earnings begin as soon as your investment is
active.
To maximize your investment, LabX automatically compounds your rewards and stakes them if staking is available, allowing you to achieve optimal returns. To unlock rewards, click the "unlock rewards" button in the portfolio page, select the coin you wish to unlock. The unlocked rewards will then be available in your balance.
All
withdrawals can be done through the portfolio section. Users need to wait an
initial 72 hours to begin the withdrawal process after making an investment
into a shared node. After the initial wait period, if you wish to withdraw your
full investment, navigate to the portfolio page, go to the investment history,
and select "Deactivate Node" next to the desired investment. This
action will move your investment from locked to available balance. Once your
coins are in the available balance, proceed to the withdrawal section to
complete the withdrawal process.
