One question guys, staking or savings which do you guys consider the best?
I have some USDT I don't plan on spending or trading anytime soon but I still want to put it to use, I considered staking it but then I found out the exchange I was using had usdt savings of up to 18% APR and now I'm not sure if savings will be the better choice than staking
What do you guys think? Besides, the savings are also flexible and not a fixed time like the staking
I'm not familiar with the "Savings" one, but you said that it's in USDT and it gives 18%. The problem that I see is that there's no room for capital appreciation on your coin since it's pegged to USD so the only profit that you will only get is the 18% APR which for me isn't satisfying. The good thing though is that you're safer when it comes to volatility because it's a stablecoin.
As for Staking, yes most of them are fixed ones, but there are some staking coins out there that gives a little lower than 18% PLUS the possibility of earning more through capital appreciation so you will earn more coins through staking and if the price of that coin goes up in price, so does your coin plus the ones that you get through staking.
I'm a staking guy so I'd rather go staking than saving through USDT. More profit, more risk of course because of volatility, but it's better for me. Decide for yourself.
