Where do you stake your crypto? What coin do you stake and what APY are you earning?
I have been using BlockFi and staking multiple coins for around 9% APY.
I have been using BlockFi and staking multiple coins for around 9% APY.
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If you join BlockFi. You can go to the interest account and add currency to any of the coins listed to earn a monthly compounded income. If you just want to see what you'd earn, check out their interest calculator.If I could get one who would teach me all there is to know about how to stake coins, I would definitely be willing to take part in it since it seems like it's better than just holding the coin.
Does Binance give monthly interest rewards or once per year?I use Binance, Binance offers different staking rewards for different cryptos. For example, you can earn 10.9 percent APR on ADA, whereas AXS APR is 52.9 percent APR. Likewise, MATIC can earn you 13.9 percent APR.
If you stake with Binance, you will receive daily interest, however, your funds are locked for a fixed term.Does Binance give monthly interest rewards or once per year?
This is not big problem but you need to stake a budget on Binance to earn decent amount.If you stake with Binance, you will receive daily interest, however, your funds are locked for a fixed term.
That's true. Your staking amount needs to be high in order to earn higher rewards. However, sometimes you can earn well even with smaller amount, especially when APY you are receiving is high.This is not big problem but you need to stake a budget on Binance to earn decent amount.
You have picked the best crypto-currency exchange staking behemoth and I think that you do not made an investment mistake.I am staking in Binance and KuCoin only, and no third party. I was thinking to join Kraken too, but have to decide on it
Thanks, I am planning investment properly for the right time, just picking right for the right.You have picked the best crypto-currency exchange staking behemoth and I think that you do not made an investment mistake.
Please elaborate more on this. I have never used it and I am trying to use more exchanges and wallets so that I can minimize the risks.KuCoin
KuCoin is for AMPL, Binance do not have AMPL, so my Publish0X is always sent to KuCoin. You do not need KYC for most of the regions.Please elaborate more on this. I have never used it and I am trying to use more exchanges and wallets so that I can minimize the risks.
If you are a member of publish0x then you need a Kucoin wallet address. Only the SPOT token is not yet available for Kucoin payments and do not know an exchange for it. Other ones still available from 0.50 $ to Kucoin UID payment.Please elaborate more on this. I have never used it and I am trying to use more exchanges and wallets so that I can minimize the risks.
If you are a member of publish0x then you need a Kucoin wallet address. Only the SPOT token is not yet available for Kucoin payments and do not know an exchange for it. Other ones still available from 0.50 $ to Kucoin UID payment.
You could find everything on the Kucoin platform just you need to have an account and everything is fine.How does the KuCoin platform generate profits? Do they lend money to others and pay interest or do they engage in trading activities in order to generate revenues?
Do you need to do KYC to send and receive assets? You cannot use Binance without KYC, is that the same case with Kucoin? Is a CEX or DEX? Can you earn interest on your assets? Do they offer staking? I want to know things like these.KuCoin is for AMPL, Binance do not have AMPL, so my Publish0X is always sent to KuCoin. You do not need KYC for most of the regions.
What more you want to know?