Do you stake coins with binance?

[FreshKaz11]

I was thrilled today, when i checked binance.com via their app version. I discovered that, staking coins during 15 days period brings higher APR interest rate, than the high duration staking.
I don't know how that manages to yield more interest rate than the 30, 90, 180 days staking options.

Have you staked on the 15 days type at binance? If yes, please how does it work??

One good thing I notice about this binance site is that anytime I deposited some little amount of crypto currency in there after couple of days it goes up and I will gain some profit on it that I could withdraw anytime I want to.

 

[IamDozzy]

You need to first know how binance works before you know about staking ,its available on binance platform you could check more on it ,you earn some interest on your investment after locking your coin for some time

I am also new to cryptocurrency and still learning more about it. What if the price of the coin decreases, would the interest rate still be the same as agreed or it would reduce?. I believe there a lot of ways to earn good money from cryptocurrency.
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You need to first know how binance works before you know about staking ,its available on binance platform you could check more on it ,you earn some interest on your investment after locking your coin for some time

I am also new to cryptocurrency and still learning more about it. What if the price of the coin decreases, would the interest rate still be the same as agreed or it would reduce?. I believe there a lot of ways to earn good money from cryptocurrency.

 

[Ehizzy1]

I am also new to cryptocurrency and still learning more about it. What if the price of the coin decreases, would the interest rate still be the same as agreed or it would reduce?. I believe there a lot of ways to earn good money from cryptocurrency.
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I am also new to cryptocurrency and still learning more about it. What if the price of the coin decreases, would the interest rate still be the same as agreed or it would reduce?. I believe there a lot of ways to earn good money from cryptocurrency.

The interest rate would be fixed both when the price of crypto currency rises and fall, so its of that aspect and i think the if you don't want to make loss invest from the start

 

[Nomad]

I don't stake coins with Binance. Well, actually, I am not using Binance exchange yet. However, I would like to try my hands on Binance and start investing on BNB coins

 

[Aaron625]

Yes I have staked 100 USDT once for 90 days and got back like $102 after 90 days , though its small profit of $2 its legit. If you invest more , you earnings will be more.

 

[cowantussie]

You may think of staking as a less resource-intensive alternative to mining. It involves holding funds in a cryptocurrency wallet to support the security and operations of a blockchain network. Simply put, staking is the act of locking cryptocurrencies to receive rewards.
In most cases, you’ll be able to stake your coins directly from your crypto wallet, such as Trust Wallet. On the other hand, many exchanges offer staking services to their users. Binance Staking lets you earn rewards in an utterly simple way – all you have to do is hold your coins on the exchange.

 

[Kelly5]

I was thrilled today, when i checked binance.com via their app version. I discovered that, staking coins during 15 days period brings higher APR interest rate, than the high duration staking.
I don't know how that manages to yield more interest rate than the 30, 90, 180 days staking options.

Have you staked on the 15 days type at binance? If yes, please how does it work??

That's interesting to know. I myself have never staked coins on binance. It's like just my style with cryptocurrencies in staking coin. Maybe things might change though. Does the staking guarantee returns in investment or something can go wrong and one loses his stake?

 

[Sincerem]

That's interesting to know. I myself have never staked coins on binance. It's like just my style with cryptocurrencies in staking coin. Maybe things might change though. Does the staking guarantee returns in investment or something can go wrong and one loses his stake?

The stake is still risky too, but not all that risky. At least at the end of the month as the case maybe, you'll gain interest rate based on the APR interest involved in the plan.

 

[Bookwormlux]

I haven't explored so many features Available on binance yet. I am always only concerned with buying and selling coins only. Would try to learn about ones like this staking.

 

[Kelly5]

I have been aware of this binance platform talking about staking of coins most times, but I have not really given it a try all this while I have known about them

 

[Sincerem]

I haven't explored so many features Available on binance yet. I am always only concerned with buying and selling coins only. Would try to learn about ones like this staking.

Staking coins via binance exchange, will leave you with chance of multiplying your funds based on the duration and APR interest rate for the coin you're staking on.

 

[Senator]

Staking coins via binance exchange, will leave you with chance of multiplying your funds based on the duration and APR interest rate for the coin you're staking on.

Is this regardless of the changes in the prices of the binance coin in the market? Or if the price of the coin in the market changes ,it will affect the staking positively or negatively?

 

[Josemendez]

I prefer providing liquidity for most exchange site than staking because it offers me greater opportunity to earn an extra passive income which may not be part of the coin I used to provide Liquidity

 

[Ehizzy1]

I usually stake coin most times on binance and earn some amount of money ,there are flexible and fixed saving they are both available on binance

 

[Chibson]

Of course binance is my number one trading platform because it has a lot of coin pairs and at the same time it is the biggest crypto platform in the world. I also make use of hotbit and Kucoin.

 

[GIFTMICHAEL]

I never staked coins via binance, but I've heard wonderful things around staking of coins. Its simply means of earning additional income st the end of 30-120 days at binance.

 

[Kunkun]

Well this is quite common nowadays but I haven't been able to partake in such activities yet , well that might be case because I don't deal a lot on binance

 

[Heatman]

I was thrilled today, when i checked binance.com via their app version. I discovered that, staking coins during 15 days period brings higher APR interest rate, than the high duration staking.
I don't know how that manages to yield more interest rate than the 30, 90, 180 days staking options.

Have you staked on the 15 days type at binance? If yes, please how does it work??

I would actually tell you not to take anything they will tell you about staking coins on Binance seriously because I asked one of my dealers and you told me that it is not something that it's worth it because whatever they are going to pay you is not what what you staked.

 

[Bookwormlux]

Staking coins via binance exchange, will leave you with chance of multiplying your funds based on the duration and APR interest rate for the coin you're staking on.

Are there high risks of losing one's earninngs? Also what are the things that one needs to know before venturing into this so we don't end up in regrets

 

[Sincerem]

Are there high risks of losing one's earninngs? Also what are the things that one needs to know before venturing into this so we don't end up in regrets

When you stake your coins to a random coin provided by Binance exchange. It is just like lending out your coins to other merchant and receiving your own ROI at the end if the contract. You'll only lose when the coin you're staking on drop so whopping like the ongoing bearish run.