discussion LC COIN PSA: BANK INTEREST IS AT 2% ---- (YOU MUST MANUALLY COLLECT DAILY)

[Republican Bear]

The bank isn't functional yet and isn't worth depositing anything.

 

[ErzuzB]

Well... it finally shows a daily interest that's not 0% (I've had those coins in there for several days, maybe that's why?), but I don't seem to have gotten any coins.

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The bank isn't functional yet and isn't worth depositing anything.

Some users hide their coins, because they want to appear poorer or keep their coins below the 550, so that other users are more willingly to like their posts.

 

[Republican Bear]

What do you know it's a miracle it actually gives you a 1% interest rate now. The bank is now open.

 

[Nosian]

Looks like it is supposed to accrue interest once every 24 hours. I feel a lot better about not having to be in the forums constantly.

 

[chronicidyll]

The interest timer resets every 24 hours. You don't automatically collect interest and it doesn't appear to accumulate. Once the timer resets you can click the "Collect Interest" button to collect 1% interest on your bank balance, then the timer restarts.

So if you want 1% every day you have to "Collect Interest" every day when the timer resets.

 

[Kaven]

Better interest than you'd find IRL to be honest.

 

[Nopi]

Nice now i dont have to figure it out by myself

 

[justlive]

The interest timer resets every 24 hours. You don't automatically collect interest and it doesn't appear to accumulate. Once the timer resets you can click the "Collect Interest" button to collect 1% interest on your bank balance, then the timer restarts.

So if you want 1% every day you have to "Collect Interest" every day when the timer resets.

Thanks for the clear explanation

 

[OneFuzzyHat]

Capitalism.

 

[Rwede]

The thing is you HAVE to collect it manually, it's not automatic. Also, everytime you deposit a new amount, the "collect" timer resets. So you have to be VERY careful not to screw yourself over the timer if you're close to collect your interest before banking.

 

[binstinct]

Set a reminder. Withdraw interest. Deposit coins. Set reminder.
Rinse and repeat.

 

[jerry18]

Set a reminder. Withdraw interest. Deposit coins. Set reminder.
Rinse and repeat.

That's it . The tricky part is remember to collect coins before you deposit it.

 

[Insig]

So.... don't trust the bank system yet?

 

[Insig]

I think im gonna wait when they touch it up a bit more. A 1% interest rate for me is not worth it to me right now.

 

[Insig]

Got to see what kind of updates they are making for it

 

[Karamchad]

Banks are great. Jews can work their money magic on it, just caution with signing loans.

 

[Tosser]

I've searched and haven't seen a good answer.

I've made deposits in the "Bank" and, as yet, have had no interest credited. First deposit was a couple of days ago, and I've added to it a couple of times since, but no interest has accrued. Someone elsewhere indicated that you had to "collect" it, but there was no active "collect interest" button.

Today, I saw a countdown to when I could "collect" interest, so I didn't add to the deposit since I know from prior experience that that changes the clock.

I went to the bank a little bit ago, and it said I could collect in "3 minutes". I went back about five or six minutes later - it now says "next collection 7 minutes ago" and won't allow me to "collect" anything.

To get interest, do I actually have to be here when the clock hits zero and then "collect" within 30 seconds or some bullshit?

What's the deal? Where's my interest for the last three or four days, and how do I claim it?

Maybe someone here has had success - none of this is making any kind of sense.

 

[cocopaaa]

Theres a bank?

 

[Arachel]

I've searched and haven't seen a good answer.

I've made deposits in the "Bank" and, as yet, have had no interest credited. First deposit was a couple of days ago, and I've added to it a couple of times since, but no interest has accrued. Someone elsewhere indicated that you had to "collect" it, but there was no active "collect interest" button.

Today, I saw a countdown to when I could "collect" interest, so I didn't add to the deposit since I know from prior experience that that changes the clock.

I went to the bank a little bit ago, and it said I could collect in "3 minutes". I went back about five or six minutes later - it now says "next collection 7 minutes ago" and won't allow me to "collect" anything.

To get interest, do I actually have to be here when the clock hits zero and then "collect" within 30 seconds or some bullshit?

What's the deal? Where's my interest for the last three or four days, and how do I claim it?

Maybe someone here has had success - none of this is making any kind of sense.

Put cash in, leave it for a full 24 hours and click collect interest. It goes directly to into your bank when you collect and you can't deposit more money as that resets the timer so you have to leave it alone for the full 24 hours.

 

[cocopaaa]

bank system seems confusing