How to Mine Otara Token: The Complete Guide to Imota Mining

Are you interested in mining Otara tokens for free? Look no further! In this comprehensive guide, we will walk you through the step-by-step process to mine Otara tokens using the Imota mining app. From creating an account to maximizing your mining rewards, we’ve got you covered. Let’s dive in!

What is Otara Token?

Before we delve into the mining process, let’s take a moment to understand what Otara token is. Otara is the native token of the Imota wallet, developed by CREATIVE PASSION PTE LTD. Similar to other cryptocurrencies like Bitcoin and Ethereum, Otara can be used to pay for goods and services within the Imota ecosystem.

What is Imota Wallet?

Imota Wallet is a revolutionary non-custodial multi-chain wallet that empowers users to embrace the future of blockchain technology. With its state-of-the-art features, Imota aims to drive widespread adoption of blockchain by providing seamless and secure transactions for multi-chain tokens and NFTs. Experience top-level security and an intuitive design as you send, receive, store, and effortlessly swap digital assets within the Imota ecosystem.

Getting Started with Imota Mining: How to signup and mine Otara tokens

To start mining Otara tokens, you’ll need to follow a few simple steps. Let’s walk through them:

Step 1: Download and Login to the Imota Wallet App

The first step is to download the Imota Wallet app from either the Google Play Store or the App Store, depending on your device. Once the app is installed, open it and log in using your preferred valid Google account. If you don’t have an account, you can easily create one within the app.

Step 2: Complete KYC Level 2 Verification

To ensure the safety and security of the platform, Imota requires users to complete KYC Level 2 verification. This process helps prevent hackers and cheaters from exploiting the system. Simply follow the instructions provided in the app to complete the verification process. Once your account is verified, you’re ready to start mining Otara tokens!

Step 3: Activate Your Account and Start Mining

To kick start your mining journey, you can activate your account by inputting a referral code. This code can be obtained from a friend who is already mining Otara tokens or from Imota’s official social media channels. Activating your account using a referral code may provide you with additional benefits, such as bonus tokens or increased mining speed.

Steps to apply referral code to activate account

To receive a $5 BUSD bonus, input the code VGuX5Fnv and follow the steps below:

• Open your app.
• Click on the menu on your homepage.
• In the Referral Program
• Click Apply now
• Input referral code => VGuX5Fnv
• Then, Click Submit.
• Once opened, click on “Apply.”
• Enter the code – VGuX5Fnv.
• Submit.

Once your account is activated, you can navigate to the “OTARA” category within the Imota app. Here, you will find a Gemstone Icon that you can click to collect your first batch of Otara tokens. Congratulations! You have officially started mining Otara tokens.

How Does Otara Mining Work?

Otara mining involves completing various tasks within the Imota app to earn Otara tokens. Let’s explore some of the key aspects of Otara mining:

Collecting Otara Tokens

The primary task in Otara mining is collecting Otara tokens. By clicking on the gemstone icon in the “OTARA” category of the Imota app, you can collect a certain amount of Otara tokens. Initially, you will receive 0.1 Otara per collection.

Mining Sessions

Users are granted three mining sessions per day, with each session lasting 8 hours. These sessions are scheduled as follows:

• Session 1: 0:00 AM – 8:00 AM
• Session 2: 8:01 AM – 4:00 PM
• Session 3: 4:01 PM – 11:59 PM

During each session, you can mine Otara tokens once.

Daily Streaks

To maximize your Otara mining rewards, it is crucial to maintain a daily streak. By logging into the Imota app every day, you can increase your daily streak count. The longer your streak, the more Otara tokens you will receive. Make sure not to miss a single day of mining to avoid losing your streak bonus.

Leveling Up and Increasing Mining Speed

As you progress in your mining journey, you have the opportunity to level up and increase your mining speed. Each level corresponds to a higher mining speed, resulting in the ability to earn more Otara tokens per session. Here are the different levels and their requirements:

• Level 0: Default mining speed of 0.10 Otara per session.
• Level 1: Increase mining speed to 0.15 Otara per session based on 3 days daily streak duration within 30days.
• Level 2: Increase mining speed to 0.20 Otara per session by maintaining a daily streak for 7 days within 30days.
• Level 3: Increase mining speed to 0.25 Otara per session by maintaining a daily streak for 10 days within 30days.
• Level 4: Increase mining speed to 0.30 Otara per session by maintaining a daily streak for 15 days within 30days.
• Level 5: Increase mining speed to 0.50 Otara per session by maintaining a daily streak for 20 days within 30days.
• Level 6: Increase mining speed to 0.75 Otara per session by maintaining a daily streak for 25 days within 30days.
• Level 7: Increase mining speed to 1.00 Otara per session by maintaining a daily streak for 30 days within 30days.

Referring Friends

Referring friends to the Imota app is a great way to boost your mining speed and earn additional rewards. By sharing your referral code with friends, you can both receive benefits. When your friend signs up using your referral code, they will receive 5 BUSD, and you will receive 3 BUSD. Additionally, the number of referred friends can contribute to leveling up your mining speed, as mentioned earlier.

To refer friends, follow these steps:

1. Login to the Imota app.
2. Click on the menu icon.
3. Navigate to the Referral Program section.
4. Click on “Apply now” and input your referral code.
5. Click submit to complete the process.

Maximizing Otara Mining Rewards

To maximize your Otara mining rewards, it is essential to follow these tips:

1. Maintain a consistent mining schedule to avoid losing your daily streak bonus.
2. Level up your mining speed by referring friends and ensuring they maintain a daily streak.
3. Stay active on Imota’s social media channels to stay informed about updates, promotions, and additional rewards.
4. Complete KYC Level 2 verification to unlock the full benefits of Otara mining.

By implementing these strategies, you can significantly increase your Otara mining rewards and maximize your earnings.

Frequently Asked Questions (FAQ)

Who are the founders of Imota Wallet?

Imota Wallet is developed by Creative Passion, a Singapore-based company.

What is the total supply of Otara token?

The total supply of Otara tokens is 300 million, as announced by the core team.

How can I unlock the locked BUSD that appears on the Imota app?

To unlock the locked BUSD obtained from referrals, you need to reach KYC Level 2 verification and complete 50 transactions (swap, send, trade with the browser or wallet connect).

Conclusion

Mining Otara tokens using the Imota wallet app is an exciting opportunity to earn rewards for free. By following the steps outlined in this guide, you can create an account, complete KYC Level 2 verification, and start mining Otara tokens. Remember to maintain a consistent mining schedule, level up your mining speed by referring friends, and stay informed about promotions and updates through Imota’s social media channels. Happy mining!

To stay updated on Imota Wallet and Otara Token, join their Telegram community channel @imotacommunity or visit their website for more information.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial or investment advice. Mining cryptocurrency involves risks, and individuals should conduct their own research and consult with professionals before engaging in any mining activities.