Stake platforms for BNB - page 3. | Bitcointalksearch.org

Queenboss

copper member

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Quote from: Calm N Patience on June 23, 2022, 01:33:18 AM

Quote from: JeromeTash on June 22, 2022, 04:52:05 PM

The exchange itself - Binance, but personally I would prefer staking In a wallet where I have complete control of my funds like trust wallet. I am not sure about the rewards though... that you will have to look up.

The interest rate on Trust wallet is lower than Binance. I will stake on both of them. I want to stake on couple more platforms to reduce the risk.

Staking on different platforms seems to be a wiser move, but when you have to stake in an exchange, I'll advise you stick to binance exchange because it's the largest exchange and has a good reputation especially as it relates to staking.

Calm N Patience

jr. member

Activity: 93

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Quote from: JeromeTash on June 22, 2022, 04:52:05 PM

The exchange itself - Binance, but personally I would prefer staking In a wallet where I have complete control of my funds like trust wallet. I am not sure about the rewards though... that you will have to look up.

The interest rate on Trust wallet is lower than Binance. I will stake on both of them. I want to stake on couple more platforms to reduce the risk.

MadeMen

copper member

Activity: 389

Merit: 1

As you intend holding for a long time duration, you can use the 120 days option on the binance exchange website and roll over after the period expires. It's even possible to use the automatic roll over button that keeps your asset staked for a longer period of time. The APR may not be the highest, but the risk is lesser.

Calm N Patience

jr. member

Activity: 93

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Quote from: batang_bitcoin on June 22, 2022, 05:47:05 PM

I've posted about staking in some other thread. It's not just for Ethereum but also some of them have BNB.

Quote from: batang_bitcoin on June 21, 2022, 11:37:25 AM

Quote from: Inspiron14 on June 19, 2022, 01:46:18 PM

Yes, staking is one thing we can do in times of market conditions like this to keep making a profit,
but then again not everyone can do that and they also need to consider,
Top altcoins like Ethereum, BNB, or Matic I think it's worth buying and suitable for long term investment

If you're for Ethereum, stakingrewards.com suggests top 10 staking providers.

Quote from: https://www.stakingrewards.com/

1. Binance staking - custodial
2. Kraken - custodial
3. Bitcoin Suisse AG - custodial
4. Stake DAO - decentralized
5. StakeWise - decentralized
6. Guarda wallet - decentralized
7. ANKR - decentralized
8. MyCointainer - custodial
9. Cream Finance - custodial
10. Blox Staking - decentralized

You should understand that if you're fine for holding it, you should just hold it. But if you're also trying to make out from it while holding it, you can stake it but make sure that you choose the right platform and understand what custodial and non custodial means and as well as centralized and decentralized. Based on the info from the website, all of those altcoins that you've mentioned are supported in ANKR and MyCointainer.

Still, it all comes with the idea of DYOR for all the platforms that you may meet for your staking needs.

Thanks!

Calm N Patience

jr. member

Activity: 93

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Quote from: MAAManda on June 22, 2022, 06:26:12 PM

You can stake it on the Binance site directly, even there you can choose a certain staking period for example 30, 60, 90 and even 120 days. For more information, you can visit the following link: https://www.binance.com/en/staking. Apart from staking on the Binance platform itself, I don't recommend staking anywhere else. Binance exchange is the biggest exchange right now and that is their plus point. Of course it would be very safe if staking on their platform (although it would not be 100% secure).

I have Binance already. I want to diversify BNB on a couple of platforms to reduce the risk. Binance will definitely be my first choice.

Calm N Patience

jr. member

Activity: 93

Merit: 1

Quote from: ilovealtcoins on June 22, 2022, 11:49:22 PM

BNB is a product of the binance exchange so there is no better place to stake BNB on its own platform. Holding will not be profitable in a bear market and you might think that a long-term bet of maybe 2 years is a good idea. You don't have to go around looking for which platform is more profitable, just visit binance.com, the best staking platform for BNB.

I'm going to hold it for 2 to 3 years.

ilovealtcoins

sr. member

Activity: 1246

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SmartFi - EARN, LEND & TRADE

BNB is a product of the binance exchange so there is no better place to stake BNB on its own platform. Holding will not be profitable in a bear market and you might think that a long-term bet of maybe 2 years is a good idea. You don't have to go around looking for which platform is more profitable, just visit binance.com, the best staking platform for BNB.

MAAManda

hero member

Activity: 1680

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You can stake it on the Binance site directly, even there you can choose a certain staking period for example 30, 60, 90 and even 120 days. For more information, you can visit the following link: https://www.binance.com/en/staking. Apart from staking on the Binance platform itself, I don't recommend staking anywhere else. Binance exchange is the biggest exchange right now and that is their plus point. Of course it would be very safe if staking on their platform (although it would not be 100% secure).

batang_bitcoin

hero member

Activity: 3080

Merit: 603

I've posted about staking in some other thread. It's not just for Ethereum but also some of them have BNB.

Quote from: batang_bitcoin on June 21, 2022, 11:37:25 AM

Quote from: Inspiron14 on June 19, 2022, 01:46:18 PM

Yes, staking is one thing we can do in times of market conditions like this to keep making a profit,
but then again not everyone can do that and they also need to consider,
Top altcoins like Ethereum, BNB, or Matic I think it's worth buying and suitable for long term investment

If you're for Ethereum, stakingrewards.com suggests top 10 staking providers.

Quote from: https://www.stakingrewards.com/

1. Binance staking - custodial
2. Kraken - custodial
3. Bitcoin Suisse AG - custodial
4. Stake DAO - decentralized
5. StakeWise - decentralized
6. Guarda wallet - decentralized
7. ANKR - decentralized
8. MyCointainer - custodial
9. Cream Finance - custodial
10. Blox Staking - decentralized

You should understand that if you're fine for holding it, you should just hold it. But if you're also trying to make out from it while holding it, you can stake it but make sure that you choose the right platform and understand what custodial and non custodial means and as well as centralized and decentralized. Based on the info from the website, all of those altcoins that you've mentioned are supported in ANKR and MyCointainer.

Still, it all comes with the idea of DYOR for all the platforms that you may meet for your staking needs.

JeromeTash

legendary

Activity: 2338

Merit: 1261

Heisenberg

The exchange itself - Binance, but personally I would prefer staking In a wallet where I have complete control of my funds like trust wallet. I am not sure about the rewards though... that you will have to look up.

Calm N Patience

jr. member

Activity: 93

Merit: 1

Hi guys,

Does anyone know any stake platforms for staking BNB? I'm waiting for bnb final drop them I will buy some and hold it for a few years or until the uptrend cycle is reached. So looking for stake platforms to stake bnb to earn some passive income. Thanks

Topic: Stake platforms for BNB - page 3. (Read 259 times)