Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Polkadot Forum => Topic started by: Malam90 on January 11, 2021, 02:39:16 AM
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PolkaDot (DOT) being a staking coin, you can stake your DOT and earn passive income. Staking is now a popular trend of passive earning for the general DOT holders. Few exchanges like Binance, Kucoin, Kraken, Huobi, MXC are offering of staking for the DOT holders. Binance is offering 15.79%, 18.34% and 22.49% for 30days, 60 days and 90 days respectively. You can just stake your coins in supported exchanges or your wallet and earn even while you sleep.
(https://i.imgur.com/Cj2dxLE.jpg)
Staking Update: https://polkadot.network/polkadot-staking-an-update/
Staking Rewards Calculator: https://www.stakingrewards.com/earn/polkadot
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I know that staking is one if the most trending topic in crypto but i have no idea about How much staking % given.i think 15.79% is one month is very big, thanks for information. But can i know minimum staking anount in binance? I wants to stake my DOT. Thanks
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I know that staking is one if the most trending topic in crypto but i have no idea about How much staking % given.i think 15.79% is one month is very big, thanks for information. But can i know minimum staking anount in binance? I wants to stake my DOT. Thanks
Staking rewards are calculated based on Annual Percentage Yield (APY). That means your staking rewards will be calculated on the basis of yearly and will be given you to the percentage based on the holding days like 30,60 or 90 days. Suppose, you have 100 DOT in staking for 90 days which APY is 22.49%. Calculations will be like 100x22.49%=22.49/12=1.874 DOT per month and 5.62 DOT for 90 days.
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Crypto exchanges offer the opportunity to earn income through trading as well as stacking. Polcadot is a crypto project that quickly rose to the rank of top projects. It also has stacking opportunities at several exchanges, including Binance. In the meantime I have bought and stacked some amount of DOT in Binance. I also believe stacking is now a safe way of passive income for ordinary dot holders.
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Staking also has a downside it creates a sell pressure that the network has to pay for and can collapse if the trend reverses meaning a better faster solution is introduced that can be a substitute for current solution but overall staking is a great way to attract investors
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Crypto exchanges offer the opportunity to earn income through trading as well as stacking. Polcadot is a crypto project that quickly rose to the rank of top projects. It also has stacking opportunities at several exchanges, including Binance. In the meantime I have bought and stacked some amount of DOT in Binance. I also believe stacking is now a safe way of passive income for ordinary dot holders.
Binance is offering better percentage of staking rewards for the DOT holders than other Exchanges or DOT wallets. So, temporarily staking in Binance is better option i think until they continue this operation. How much DOT are you staking in Binance? I think at least 100 DOT can be potential future investment for any DOT investor.
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PolkaDot (DOT) being a staking coin, you can stake your DOT and earn passive income. Staking is now a popular trend of passive earning for the general DOT holders. Few exchanges like Binance, Kucoin, Kraken, Huobi, MXC are offering of staking for the DOT holders. Binance is offering 15.79%, 18.34% and 22.49% for 30days, 60 days and 90 days respectively. You can just stake your coins in supported exchanges or your wallet and earn even while you sleep.
(https://i.imgur.com/Cj2dxLE.jpg)
Staking Update: https://polkadot.network/polkadot-staking-an-update/
Staking Rewards Calculator: https://www.stakingrewards.com/earn/polkadot
Very useful information for me personally, I want to ask? Do you know the steps for staking in polkawallet, for example, at least what is the minimum DOT that can be staked there and if you know more, I beg you to share information.
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Ordinary investors who are afraid to trade with risk.I have only one piece of advice for them.Buy 500/1000 dot and keep staking.Hopefully a good satisfying fitback can be found here.If I had capital, I would do 100 stocking myself.
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PolkaDot (DOT) being a staking coin, you can stake your DOT and earn passive income. Staking is now a popular trend of passive earning for the general DOT holders. Few exchanges like Binance, Kucoin, Kraken, Huobi, MXC are offering of staking for the DOT holders. Binance is offering 15.79%, 18.34% and 22.49% for 30days, 60 days and 90 days respectively. You can just stake your coins in supported exchanges or your wallet and earn even while you sleep.
(https://i.imgur.com/Cj2dxLE.jpg)
Staking Update: https://polkadot.network/polkadot-staking-an-update/
Staking Rewards Calculator: https://www.stakingrewards.com/earn/polkadot
Very useful information for me personally, I want to ask? Do you know the steps for staking in polkawallet, for example, at least what is the minimum DOT that can be staked there and if you know more, I beg you to share information.
Actually i haven't used Polkawallet for staking DOT so far. I have been staking in Binance as it offers 15%-22% APY for DOT staking there. Last one months i have done successfully staking in Binance and my DOT balance is gradually increasing which is being applied for re staking. This is cyclical for me.
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Nice to read your post. Your post is very informative post. I think many users will benefit. I didn't know before that you can make money by stacking Polkadot. Since a exchanger as big as Binance is offering the golden opportunity of stacking, I will definitely be stacking my Polkdot token in Binance. The price of Polkadot token has been increasing day by day.
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polkadot is a good cryptocurrency. This is the coin I chose to hold. Those who hold polkadot currency will get staking bonus on some exchange sites. This is very profitable and will result in more users of polkadot. As a result, the price of this currency will increase and the demand will also increase
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Nice to read your post. Your post is very informative post. I think many users will benefit. I didn't know before that you can make money by stacking Polkadot. Since a exchanger as big as Binance is offering the golden opportunity of stacking, I will definitely be stacking my Polkdot token in Binance. The price of Polkadot token has been increasing day by day.
I am very much satisfied with Polkadot staking because % of staking rewards is better than other staking coins. Binance is offering comparatively more % rewards which is satisfactory level to all staking holders not only me. But it's tough to find space for 60 days and 90 days spot as competition is higher than spot available.
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I got some idea about this stacking through a post from a brother. But so far I am not clear on what happens when stacking.If you give me a complete idea about stacking, all my confusion about stacking would be removed.I hope you will help me with the information.
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Thanks for the information, it was very useful for me, I was just thinking what to do with my Polkadot. Now I'm thinking of staking coins.