Today you will learn how to stake BLV tokens in the B-Love Network app. The process is very simple as you just need to tap a few times and done. We will guide you through all the steps needed to stake your tokens and get 5x rewards in return for staking. And there is nothing that you need to do. All you have to do is just stake your tokens and get daily rewards. You will get 1% of your staked amount daily as a reward. Suppose you have staked 100 BLV tokens then you will get 1 BLV token as a reward after every 24 hours. So without further ado, let’s start our guide now.
What is BLV Token?
BLV token is a crypto token that is based on the BFIC blockchain. It is a project of Innovation Factory and it also has many sister projects like BFI Coin and XchnageOn trading exchange. The owner of this project is Mr. Omar Khan (OK) and he is also the owner of Innovation Factory.
So B-love is a new cryptocurrency that was launched in January 2023. It is now very popular and you can earn this token via staking and referring your friends. However, since the last update, the free 100 B-love tokens are now ended for all new users.
Before the update, users used to get 100 free B-love tokens when they sign up using our referral code. However, now you need to buy BLV tokens and then you can make a new account.
The price of BLV tokens is also increasing day by day. The initial price was very low but now it has gained popularity so the price has been increased.
How to Get BLV Tokens?
For the sake of staking BLV tokens, you will need BLV tokens and that is obvious. Since the free B Love tokens have ended now you need to purchase them from XchnageOn. If you are not sure how to deposit BLV tokens then we have already a guide for you.
Currently, you can only buy BLV tokens from XchangeOn and there is no other exchange from where you can buy. And the second method to get B-love coins is to contact your up-liner and ask them to provide your tokens. In this way, they can send you tokens via app transfer.
Here is how to send B-love tokens from the B Love Network app to another B Love app:
- Open your B-Love Network app and go to the statistics section.
- Here you will see all the stats of your account from staking to available rewards.
- You will need to withdraw rewards BLV tokens before you send them to another app.
- Tap on withdraw rewards.
- Here you will see your available BLV tokens that you can withdraw to your app Love Wallet. (Love wallet is a built-in wallet in the B-Love app).
- Now enter the amount that you want to withdraw to your Love Wallet.
- Once you have entered the BLV token amount, now tap on withdraw.
- It will take 24 to 48 hours to get your rewards in your Love Wallet.
- Once you receive the rewards, you can not send them to another B-Love app or XchnageOn as well to trade them for other coins like USDT.
- Now tap on the withdraw button that is located on the home screen.
- Ask your referrer to provide his B-love coin address.
- To get the BLV address, tap on deposit BLV and copy the address.
- Now you need to send B love tokens to that address and that’s it.
Note: All transactions will require a gas fee and you need to use BFI coins to pay this gas fee. So all the transaction fees will be charged in BFICoin.
How to Stake BLV Tokens?
Finally, you have got your BLV tokens and now it is time to stake them to get free daily rewards. Just follow this step-by-step guide:
- Open your B-Love app and go to the home screen.
- You will see “Satke BLV” with a plus sign (+) button.
- Tap on that button.
- Now enter the number of tokens that you want to stake.
- Tap on stake and your job is done.
Note: Once you stake your tokens, you can not un-stake them before 500 days or before you get 5x of your investment amount. Suppose you have staked 1000 tokens and now you will get 1% of 1000 after every 24 hours. That is why you need to wait for 500 days to get your reward of 5000 tokens. So always stake your tokens with full intention.
What is Staking Reward in B-Love Network?
The staking reward in the B-Love network is 500% after 500 days. Yes, you read it right, You will get 5x of your invested amount. Suppose you have staked 100 tokens then you will get 1 token daily and in 500 days, you will get 500 coins.
However, you will also get profit from your referral’s staking. If you have more referrals, then you are going to get 5x your amount very soon. So make more and more referrals to get the 500% reward as soon as possible.
Also, there are a total of 15 levels in this program that will reward you from 20% maximum to 5% minimum from your referral’s earnings and stakings. You can check the rewards percentage in the image below.
To stake B-Love tokens on the B-Love android app, you need to tap on the heart and it will ask you how many tokens you want to stake. Enter the number of tokens and tap on stake.
If your staking is stopped and not working then you need to update your b-love app from Google Play Store.
Once you stake your tokens, you can not un-stake them. So you need to be careful before you stake your coins.
No, currently, you can not stake B-love tokens on the Binance crypto exchange.
No, you can not check this staking on Etherscan for now. However, in the future, you may be able to do so.
For now, you can not swap this token on any exchange like Coinbase, PancakeSwap, SundaeSwap, MetaMask, etc.
We have explained all the aspects of staking BLV tokens on the B-Love application. The staking method is very easy and there is no need to be a tech expert to do this staking. If you are facing any issues with staking then you can ask us in any comment section. Otherwise, you can stake and enjoy free rewards.