BANANO is now listed with BTC and ETH pairs on the cryptocurrency exchange Citex.io:
Deposits work, withdrawals not yet, and trading has started just today.
EDIT: Trading has started meanwhile, current price is 64 Satoshi 😉 ETH Price pair was up in between at 0.19 USD 🙂 If you have problems finding the BANANO:BTC trading pair: Try this link: https://citex.co.kr/#/trade/2/53
Citex is apparently a Korean exchange, and there seem to be some BAN airdrops (“Yellow Shower” Gifts ;)) to existing and new users announced on their website.. It seems like no one from the official BANANO team initiated this listing, so be mindful/careful when using it.
You might have seen that there’s a new BANANO Faucet: The BANANO Miner!
You easily can get free BANANO from this by using your CPU a little. Of note, you are not really mining BANANO (which isn’t mineable at all, transactions are feeless). Instead, the faucet actually mines webchain by using your CPU, automatically converts rewards to BANANO and sends it to your wallet. This would still be extremely inefficient, but the faucet is subsidized heavily by the BANANO team, and the proof-of-work here only is used to avoid faucet exploits. Most likely this is the best paying mining faucet ever!
Of note, the mining in this context is just used to have another faucet for the BANANO community that can’t be exploited too easily.
Next, you’ll need to set how much of your CPU power will be used. For the start, it’s recommended to set the “speed” to 50% or lower, meaning not all your CPU power will be used. You can also use less Threads of your CPU. Hit start when you’re ready and give it a try:
Monitor your computer for some time. You should try to find settings that work fine for you, i.e. find a balance between mining speed and CPU usage. Make sure your computer doesn’t get too warm! If that happens reduce the speed setting!
After a few minutes you’ll have mined few BANANO. Hit the “withdraw” button to send your “mining rewards” to your wallet. That should normally go quite fast. That’s it 😉
Too annoying and infeffcient? Yes, that’s the downside of classical cryptocurrency mining, which is still used a lot, even though there’s newer solutions around. Let’s be happy that BANANO doesn’t require anyone to use lots of computing power just for confirming transactions. BANANO is green and doesn’t require mining.
You might want to check all the other (100% green) options to earn free BANANO – overview here.
Disclaimer: All funds from the referral links implemented on this website will be exclusively used to maintain or promote the website, so that more people will hear about crypto and especially BANANO. Any overhead will be used to buy-back BANANO at market prices and burn it.
BANANO was now added to NanoGames.io, a betting platform now accepting bets in BTC, ETH, NANO, LTC, DOGE and BANANO! You can play different games, daily logins and tasks are rewarded with free coins, and also get some coins for free through rains and faucets after you signed up. Having more and more “use-cases” for BANANO is pretty cool.