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Author Topic: Anyone tried staking on exchanges before..  (Read 737 times)

Offline Dr.Bitcoin_Strange

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Re: Anyone tried staking on exchanges before..
« Reply #30 on: March 10, 2024, 09:44:59 PM »
I have actually staked on Binance during 2020/20, and I have also staked on Pancake Swap, and from my experience, those two means of staking cryptocurrency don't yield much profit, and at the same time, the investor is putting his funds at risk because the exchange could encounter any security bridge that can lead to a loss of funds, or someone could also attack you and get your login details to access your account.I will not advise you to stake your coins on CX or Dex; instead, you can invest in Bitcoin and hold it in your wallet. 

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Re: Anyone tried staking on exchanges before..
« Reply #30 on: March 10, 2024, 09:44:59 PM »

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Offline EthereumDev_

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Re: Anyone tried staking on exchanges before..
« Reply #31 on: March 12, 2024, 11:44:09 AM »
I have actually staked on Binance during 2020/20, and I have also staked on Pancake Swap, and from my experience, those two means of staking cryptocurrency don't yield much profit, and at the same time, the investor is putting his funds at risk because the exchange could encounter any security bridge that can lead to a loss of funds, or someone could also attack you and get your login details to access your account.I will not advise you to stake your coins on CX or Dex; instead, you can invest in Bitcoin and hold it in your wallet.
Yes, you are right, the profit from the staking method really depends on the capital you use because the staking calculation is very profitable for those who have a lot of BNB and want long-term investment by staking BNB. Investors will usually stake a minimum of 1000 BNB using staking, whereas if only a few BNB certainly won't provide much profit.

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Re: Anyone tried staking on exchanges before..
« Reply #32 on: March 12, 2024, 12:03:34 PM »
Today, Bybit launching new launchpool Nibiru coins and the USTD or Nibiru coin staking will earn reward based on how much their fund for staking and separated based on the number of participants. Its good ideas for OP looking the staking place for his USDT fund and its more safety by using USDT for staking in Bybit. You can participant right now but each user have maximum limitation around $2k of USDT fund and you can use your family account for spending each $2k and staking there until nine days later with reward Nibiru coins receiving every hours.
I am so excited with launchpool or staking usdt coins, we not losses yet and earn new coins from launchpool every hours and sell it because nibiru coins already listing on many market.

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Re: Anyone tried staking on exchanges before..
« Reply #33 on: April 08, 2024, 07:46:05 PM »
I got a coupon for Futures trading on binance exchange and I used the deadline days in an attempt to profit and it led me to success. So I warmly recommend to everyone who is a long-term user of the exchange that they will get something like that and that they will stick with it after everything and achieve their goal for the future.

 

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