2.6% isn't that much but that's likely the rates the same goes with the bank. Those shib holders that may want to stake it to mexc or any exchange that supports it.
I guess, all of you are aware that when it's on the exchange, you don't hold the keys. And when you don't hold the keys, it only means that you don't own the coin that you're staking and that's with the shib you'll stake there.
Topic: Earn Passive Income: SHIB Staking at MEXC (Read 62 times)
What Is Staking? What Can You Get from It?
Many long-term cryptocurrency holders (HODLers) view staking as a means to put their digital assets to work by making some money and rewards instead of just keeping them in their wallets. Staking on MEXC (or other crypto exchanges) is a straightforward way to get paid for holding particular cryptocurrencies. Therefore, you can immediately start earning rewards by staking some of your SHIB! Please read this article for more instruction about staking.
How to Start My SHIB Staking?
In general, everyone can participate in staking if they are holding SHIB. Options and APY vary between exchanges, crypto wallets, and platforms. Some exchanges have minimum token requirement for staking, varies from different cryptos. All you need to get started is some cryptocurrency in your MEXC wallet. MEXC provides two primary staking products:
SHIB Staking at MEXC
Currently, MEXC offers flexible staking in SHIB with an estimated APY of 2.6%.
Many long-term cryptocurrency holders (HODLers) view staking as a means to put their digital assets to work by making some money and rewards instead of just keeping them in their wallets. Staking on MEXC (or other crypto exchanges) is a straightforward way to get paid for holding particular cryptocurrencies. Therefore, you can immediately start earning rewards by staking some of your SHIB! Please read this article for more instruction about staking.
How to Start My SHIB Staking?
In general, everyone can participate in staking if they are holding SHIB. Options and APY vary between exchanges, crypto wallets, and platforms. Some exchanges have minimum token requirement for staking, varies from different cryptos. All you need to get started is some cryptocurrency in your MEXC wallet. MEXC provides two primary staking products:
- Staking in MEXC MX-DeFi sessions with variable and locked (fixed) durations and APYs.
- Only flexible staking is currently capable of supporting SHIB staking.
SHIB Staking at MEXC
Currently, MEXC offers flexible staking in SHIB with an estimated APY of 2.6%.
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