Staking is an alternative to ear "interest" on you cryptos. Fixed Staking is similar to a fixed time cash deposit, you will get at the end the coins or tokens you staked plus the interests. You can stake from 15 days to 90 days. If you choose unblocked staking you will get full flexibility, although yields tend to be lower.
You can do that with around 50 different coins, see here for further information.
This is part of the new wave of "DeFi" that is becoming more popular, as PoS protocols and tokens are developed. Perhaps Ethereum dominance can be one day challenged by these, as it is moving too slowly.
Would you be willing to stake? Do you know that there are some technical risks?
Topic: Fixed Staking and unblocked Staking in Binance (Read 63 times)
Jump to: