- Frequently Asked Questions
- How to activate SmartCash rewards in Coinomi wallet
- How to activate SmartCash rewards in Edge wallet
- How to activate SmartCash rewards in Atomic wallet
- How to activate SmartCash rewards in Ellipal wallet
- How to activate SmartCash rewards in Electrum wallet
- How to activate SmartRetire
- How to activate TermRewards
1. Frequently Asked Questions
1. How to check the activation of the address?
You can check this through the block explorer: https://explorer.smartcash.org/. «Is active for rewards» = «yes»
2 What is the yearly yield of SmartRewards and SuperRewards?
You can find out here: https://explorer.smartcash.org/
3. When I will receive my first reward?
The first reward can take up to two week s. After that, rewards will be paid week ly.
4. Why I am not receiving rewards?
This can happen if you have not activated your address or made an outgoing transaction.
5. Where can I get support?
6. What is the minimum amount on the address for SmartRewards and SuperRewards?
To get SmartRewards, the user should have a minimum of 1000 SMART on an address, and for SuperRewards, a minimum of 1 million SMART.
2. How to activate SmartCash rewards in Coinomi wallet
This guide will briefly show you how to quickly activate rewards in Coinomi mobile wallet.
Step 1: Select SmartCash in your mobile wallet.
Step 2: Go to the “Receive” tab and copy the address.
Step 3: Open the “Send” tab and paste this address. Click on “MAX” to send the entire amount to your address.
Step 4: Click the “Confirm” button and confirm the transaction by entering your password.
The last transaction appeared in the list of transactions.
Step 5: Open the “Send” tab again and paste the same address from the clipboard. Click on “MAX” and again send the entire amount to this address. Confirm the transaction with a password.
Done!
3. How to activate SmartCash rewards in Edge wallet
This guide will briefly show you how to quickly activate rewards in Edge mobile wallet.
Step 1: Select SmartCash in the list of your assets. Click on the "Request" button.
Step 2: Copy the receiving address using the "Copy" button.
Step 3: Return to the previous screen and click on the "Send" button. Paste the copied address, click on the 3 dots at the top of the screen and then сlick on “Send Max Amount” to send the entire amount to your address.
Step 4: Click on “Slide to confirm” and confirm the transaction.
Step 5: Repeat the last two steps and send the entire amount to the same address again.
4. How to activate SmartCash rewards in Atomic wallet
This guide will briefly show you how to quickly activate rewards in Atomic mobile wallet.
Step 1: Open your Atomic wallet. Select SmartCash in the list of assets.
Step 2: Click on “Receive” button and copy the receiving address. Then go back to the last screen.
Step 3: Click on "Send", paste the address from the clipboard, then click on the "Send All" button.
Step 4: Then click on the bottom button and confirm the transaction by entering your password.
Step 5: Repeat the last two steps and send the entire amount to the same address again.
5. How to activate SmartCash rewards in Ellipal wallet
This guide will briefly show you how to quickly activate rewards in Ellipal mobile wallet.
Step 1: Open your Ellipal wallet. Select SmartCash in the list of assets.
Step 2: Copy your SmartCash address that you see at the top of the screen. Then click on the "Send" tab.
Step 3: Click on the "Max out". Then paste the address from the clipboard.
Step 4: Then click on the bottom button and confirm the transaction by entering your password.
Step 5: Repeat the last two steps and send the entire amount to the same address again.
6. How to activate SmartCash rewards in Electrum wallet
This guide will briefly show you how to quickly activate rewards in Electrum wallet.
Step 1: Open your Electrum wallet. Select the «Addresses» tab.
Step 2: Select the address where you have your funds (you can activate each address in turn, or consolidate all funds in one address (A) and then activate it by sending the max amount twice to the same address (A)). Right-click on it and click "Copy Address"
Step 3: Open the "Send" tab. Paste the address into the address field. In the «amount» field, click on the "MAX" button.
Step 4: Click on the «Send» button and confirm it with your password.
If you have consolidated funds from several addresses to one address (A), then send the entire balance of the address (A) to the same address (A) twice.
Read the guide in PDF format here
SmartRetire are rewards for holders who have a long vision for the project and in return will be able to receive the highest reward level.
The minimum amount to qualify is 1 million Smart and the locking period is 15 years. 1 million or more Smart must be in 1 transaction.
Similar to TermRewards, SmartRetire deposits can only be spent after the expiration date. The yearly yield of SmartRetire is 50% and paid quarterly. The rewards earned can be spent or reinvested in a different SmartRewards activated address.
Note: SmartRetire yields may change based on participation rate. Existing SmartRetire rates will stay the same if there is a yield change.
- Download and install SmartCash Node Сlient.
- Buy SmartCash using exchanges and send coins to an address in your wallet. To activate SmartRetire you need at least 1 million SMART.
Open the "Send" tab. In the “Pay To” field paste address that you want to activate.
Enter the amount - 1 mil SMART and more or just click «Use Available Balance».
- At the bottom of the wallet, you will see a field labeled "LockTime or TermRewards", click on it and select “15 Year SmartRetire & 1MM+” via the drop- down menu.
Be careful: after sending this type of transaction, your funds will not be available for spending during the selected period! You will be able to move rewards to a different address and spend them. - Click the «Send» button and confirm the transaction by entering your password. Done!
- After sending the transaction and receiving confirmation in the network, you will see the activated address in the “TermRewards” tab where you can see the balance of your address, term, yearly yield and expiration date.
Read the guide in PDF format here
TermRewards are rewards for long-term SmartCash holders. Users can lock their coins for periods of 1, 2 and 3 years and receive quarterly rewards. The rewards payments will not be locked and will be available for spending or sending to a SmartRewards activated addres s.
The minimum amount for TermRewards activation is 1 million SMART (sent in one transaction). There is no maximum amount you can send or maximum number of addresses in a wallet that can qualify. The activation process consists of sending a special transaction with a timelock with SmartCash Node Client. TermRewards yearly yields are currently: 1 Year Term - 35%, 2 Year Term - 40%, 3 Year Term - 45%.
Note: TermRewards yields may change based on participation rate. Existing TermRewards rates will stay the same if there is a yield change.
- Download and install SmartCash Node Сlient.
- Buy SmartCash using exchanges and send coins to an address in your wallet. To activate TermRewards you need at least 1 million SMART.
- Open the "Send" tab. In the “Pay To” field paste address that you want to activate.
Enter the amount - 1 mil SMART and more or just click «Use Available Balance»
At the bottom of the wallet, you will see a field labeled "LockTime or TermRewards", click on it and select TermRewards via the drop-down menu. You can choose the locking time for 1 year, 2 years or 3 years.
Be careful: after sending this type of transaction, your funds will not be spendable for a year or more! There is no way to cancel or reverse a transaction after it is sent. You will be able to move rewards earned to a different address and spend them- Click the «Send» button, read the message and confirm the lock time is correct, and confirm the transaction by entering your password. Done!
- After sending the transaction and receiving confirmation in the network, once you restart your wallet you will see the activated address in the “TermRewards” tab where you can see the balance of your address, term, yearly yield and expiration date.
- When sending other transactions you will see your input is locked until the time specified.
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