I'm looking for a way to stake stable coins like USDT or USDC off any cex exchanges, I know binance exchange allows staking usdt on its exchange but I don't want to stake mine on exchange but straight from a wallet that has private key instead, anyone familiar with any?
it is risky if you bet directly with your wallet and connect to web staking. I think you should go through binance or exchange, it's safer than risking a big failure or loss. I think that's what you should do because exchanges like Binance already guarantee security for the members who are there 
Topic: Staking usdt off exchanges - page 2. (Read 267 times)
We can suggest you stake your USDT or USDC or others in the ledger because you can monitor your coins while you stake and you do not have to send the coins to any exchanges as that can be a risk for you.
That will be better to avoid the risk so you can feel safe while waiting for the return from the staking process.
But so far, I have used Binance to stake some coins such as USDT, BNB, and others, and I do not have a problem.
I only use some small portions to the stake because I know the risk of staking with Binance.
I'm looking forward to stake with binance exchange but I will like to know what's the risk of staking with binance like you stated in your post? Actually I've never heard about any negativity on binance exchange so the question is have you? If yes pls share That will be better to avoid the risk so you can feel safe while waiting for the return from the staking process.
But so far, I have used Binance to stake some coins such as USDT, BNB, and others, and I do not have a problem.
I only use some small portions to the stake because I know the risk of staking with Binance.
We can suggest you stake your USDT or USDC or others in the ledger because you can monitor your coins while you stake and you do not have to send the coins to any exchanges as that can be a risk for you.
That will be better to avoid the risk so you can feel safe while waiting for the return from the staking process.
But so far, I have used Binance to stake some coins such as USDT, BNB, and others, and I do not have a problem.
I only use some small portions to the stake because I know the risk of staking with Binance.
That will be better to avoid the risk so you can feel safe while waiting for the return from the staking process.
But so far, I have used Binance to stake some coins such as USDT, BNB, and others, and I do not have a problem.
I only use some small portions to the stake because I know the risk of staking with Binance.
So many options for staking USDT actually. It's safer already in binance and you could have which you can trade to BTC whenever you feel right. I did it on WAVES.EXCHANGE as it has this staking where the USDN will still be in your wallet which is about 7% APY. It's a safer place I think there are more of these as far as I know but this is one that I think has a good earning when it comes to the liquidity pool.
Try to play around the Solana ecosystem. There are a lot of platforms that offer 5% - 15% APY, it depends.
I can give some platforms that I already tried there;
Solend, Francium, Apricot, Larix
You can either use as collateral your USDT/USDC (stable coins) to yield farm leverage which is is much risky.
But you can just supply/lend/deposit/stake your USDT/USDC to the following platforms and earn interest from your deposit.
P.S. Do your own research and identify the risk of using the following platforms.
I can give some platforms that I already tried there;
Solend, Francium, Apricot, Larix
You can either use as collateral your USDT/USDC (stable coins) to yield farm leverage which is is much risky.
But you can just supply/lend/deposit/stake your USDT/USDC to the following platforms and earn interest from your deposit.
P.S. Do your own research and identify the risk of using the following platforms.
what is your reason not to bet on exchanges like Binance and other exchanges? I think it's much easier and safer.
The possible thing to staking your USDT through wallets like exodus, trustwallet, trezor, ledger and many more. If you're looking for off cex solution to staking your tokens and this might become the best choice for you. Do your own research. Im staking USDT on exodus right now and so far so good. Im also using trezor but i have not yet used for USDT staking.
The return was good enough and the security measure was also very good . APY may not so big like what offered by some dex like pancake swap or binance but this has better security than it.
I thought that if you can consider these as the answer for your question.
The return was good enough and the security measure was also very good . APY may not so big like what offered by some dex like pancake swap or binance but this has better security than it.
I thought that if you can consider these as the answer for your question.
I'm looking for a way to stake stable coins like USDT or USDC off any cex exchanges, I know binance exchange allows staking usdt on its exchange but I don't want to stake mine on exchange but straight from a wallet that has private key instead, anyone familiar with any?
I only know of staking ust via anchor platform using the terra station mobile app since ancor is project from terra luna ecosystem, the apy is fair, 19.5% apy is very reasonable for staking stablecoin unlike what binance is offering, and they also have insurance coverage depending of what you choose, you can as well do your research on this.
USDT staking is still a very new service. The vast majority of exchanges only allow you to stake classic PoS coins like ATOM. For now, the only major exchange where you can stake Tether is Tidex, with an interest rate of 12% a year.
There is an Exchange called Biswap that I discovered thanks to a currency called BFG from a recognized casino here in the forum, and it has the staking part, where the most outstanding thing of all is that it can happen that if you have BFG you generate BNB or any currency that have in Hot mode in the Exchange, in this case you can put USD to do some staking to BFG or BNB, even the currency that has the best profitability.
This is an option simply, the ideal is that you do not put the USDT at risk much but in safe exchanges, such as in Binance or others that can generate more money, in Bitfinex you have the option of putting it in a loan mode to the exchange where you they give quarterly earnings, it is called Funding.
This is an option simply, the ideal is that you do not put the USDT at risk much but in safe exchanges, such as in Binance or others that can generate more money, in Bitfinex you have the option of putting it in a loan mode to the exchange where you they give quarterly earnings, it is called Funding.
anyone familiar with any?
I'm pretty sure you can stake USDT on Nexo. You might also look into bridging your stables onto Secret Network and earn as an LP.
Actually, if you are going to do staking, you must be ready to entrust your money to this platform as you have to deposit your USDT to this platform and there are risks that this platform will be hacked or scammed, and as your money are in a smart-contract or in a wallet of this project, you are likely to lose them. So when you choose a platform for staking or farming, do a careful research.
That's really the risk that one person who's going to stake his USDT to a platform. I'm imagining how much interest you can get from that but with the certain worry about being hacked, you'll have that farewell to your money once they're targeted.The attractive part is that those farming and staking that you might see offering for the other altcoins, they'll give such high percent for the gain that you can make on them and that's really intriguing for someone who's always calculating the possible return.
I'm looking for a way to stake stable coins like USDT or USDC off any cex exchanges, I know binance exchange allows staking usdt on its exchange but I don't want to stake mine on exchange but straight from a wallet that has private key instead, anyone familiar with any?
You can probably on some dapps or defi dex. These are possible, using a decentralized wallet app. But some staking stablecoin on some cex also like binance. But for sure the higher the rate on some dex compared to that but just be cautious on some dex as it could be exploited and hacked. There are some flash loans or breaching occurring in the past affecting users.
Stakeing is the best way for lagit or safe investment. Stake Stable Assts profit Always
I'm looking for a way to stake stable coins like USDT or USDC off any cex exchanges, I know binance exchange allows staking usdt on its exchange but I don't want to stake mine on exchange but straight from a wallet that has private key instead, anyone familiar with any?
Actually, if you are going to do staking, you must be ready to entrust your money to this platform as you have to deposit your USDT to this platform and there are risks that this platform will be hacked or scammed, and as your money are in a smart-contract or in a wallet of this project, you are likely to lose them. So when you choose a platform for staking or farming, do a careful research. I'm looking for a way to stake stable coins like USDT or USDC off any cex exchanges, I know binance exchange allows staking usdt on its exchange but I don't want to stake mine on exchange but straight from a wallet that has private key instead, anyone familiar with any?
Then check all of the wallets, most likely the multi-currency wallets. The list is here and this is to give you an idea.(https://swapspaceco.medium.com/top-7-multicurrency-wallets-2020-703889f5bd3b)
There's also another wallet that allows you to put that on their interest account and that's Abra. You will earn 14% annual gain for the USDT deposit.
(https://www.abra.com/earn/)
Not really familiar for staking.
But you can choose "DeFi" feel free to check on https://coinmarketcap.com/yield-farming/ you can find the list site with "APY" information of each coin you want to use. Venus or Curve could be the option you are looking for.
But you can choose "DeFi" feel free to check on https://coinmarketcap.com/yield-farming/ you can find the list site with "APY" information of each coin you want to use. Venus or Curve could be the option you are looking for.
I'm looking for a way to stake stable coins like USDT or USDC off any cex exchanges, I know binance exchange allows staking usdt on its exchange but I don't want to stake mine on exchange but straight from a wallet that has private key instead, anyone familiar with any?
No not possible but you could add liquidity to curve and other places though this is not exactly staking and the pegging is not the most accurate. Meaning that depending on which way the pool reduces you could end up losing (as well as earning) something quite different from staking whew you just earn tokens on top of your original ones. I don't recommend using any before DYOR, especially since pool liquidity can be a little tricky to wrap your head around
I'm looking for a way to stake stable coins like USDT or USDC off any cex exchanges, I know binance exchange allows staking usdt on its exchange but I don't want to stake mine on exchange but straight from a wallet that has private key instead, anyone familiar with any?
Jump to: