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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

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.

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


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

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).

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.

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.

Thanks!

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.

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.

You can stake bnb in Binance very own crypto wallet called trust wallet if you don't want to use Binance exchange directly, to me Binance is responsible so I don't have any problem stealing on it's exchange instead of it's wallet.

In the past, BNB was utility coin, meaning that you get it to reduce your Binance fees, and therefore it is unwise to use it in investment, they manipulate its price in order to collect more money from investors, and then if things go wrong, you will not be able to dispute them in a court ruling, because that The value of the currency has decreased to zero (it has the same characteristics as the stock, but you do not get any guarantees)

In short Don't use it as a long term investing and if you are invest in it Don't invest outside of Binance.

You can stake BNB easily on there own exchanger Binance. The offering staking for 120 days min 0.001 Maximum 0.5 BNB 12.99% APR and 90 Days Staking Min 0.1 BNB and Maximum 500 BNB 8.69% APR. I think it is better  to take 90 days staking package here you can stake maximum of 500 BNB and you will get a good Return each APR

Definitely stick with binance, although they are custodial regardless they are the ones that issued BNB themselves, I guess they definitely offers the best service and definitely isn't gonna put all your effort into waste unlike staking in some other platforms that suddenly changes their APY just because they deemed the APY isn't sustaining.
If you are truly seeking for reliability of a staking platform then binance is no brainer

I think you don't need to look for another platform other than Binance. They give the best reward on their own platform on binance and you stay safer than other apps. I usually use the binance platform for staking. There are some coins that I can stake pos and I keep them in their own wallets. We are not in a period to take too much risk, if there is an uptrend again, then it is easier to take risks.

staking in binance offers high APY and they have been offering their staking platform for quite sometimes honestly I see no real reason as to why you should ditch binance and move on to another platform.
Because frankly binance's services are of great quality ever since, that's the reason they become number 1 platform for trading cryptocurrencies and staking in general. Moreover, binance has billions of reserved fund in their arsenal, that alone give such reassurance that your investment gonna be safe if you stake in binance.

I've just on Binance stake. The 120days APY is 12.99%, the 21 days is 52.34%. 21days pay much higher than 120 days, is this real?

I'll stake on binance, binance chain, and trust wallet. These are all belong to binance.

I'll hold it until the uptrend top is reached. It might take 3 years.

I've checked on binance stake, the 21 days is 52.34%, is this real?

Thanks

I'm going to use finance, binance chIn, and trust wallet. These are all belong to binance

I'll stake on all binance exchanges and trust wallet. I want to stake on more platforms to reduce the risk.

You're welcome. In times like this, we have to do something to save our finances. And we're trying to find out what are the good ways of generating passive incomes with our holdings. But, if you don't have that much, it's still ok because it still earns a little and that's better than completely having no income at all.

AFAIK, it's quite high and usually those APY means that it's the rate for the entire year. And if it's just 21 days, you still need to compute that based on how much it will project for 21 days resulting to 52.34% per year if that's what you've seen.

binance itself has staking services. so yes, why not go to the top and reputable exchange to earn interest? aside from that, your funds is in SAFU. so at least, your funds are protected in case of unseen attacks. i've used their staking services before, and they really did give the daily interest, and that will depend on what subscription you are in. for other platforms, hard to endorse especially if you haven't tried their services.

I am sure that the best platform for staking BNB is the Binance exchange itself.
There are several options for staking BNB with different rewards. The rewards may not be high enough, but that is enough for us to have it and prepare for the next bullish.
I tried this, but it is too small for me haha
However, it may be safer than staking on other platforms with higher rewards but lower trust and reputation. The safety is the first

You can use a safepal wallet, there you will see options for staking for the time period you want.
Dex trading platforms such as Biswap also give you many staking options, please visit the best platform you want. (NFA)

Many platforms that provide staking services, I have stated BNB on Dex such as Pancakes, Quickswap and so on, for APY in Dex is certainly higher than in Spot Exchange, all staking has advantages and disadvantages, but in my opinion staking in Spot Exchanges is safer because I often see too many hack wallet cases.

There are a lot of options here in the cryptocurrency where you can stake your BNB mate. Did you ever try Biswap?
I suggest you better check this https://biswap.org, then once you click and connect your wallet
whether Metamask or trust wallet Farming your BNB is a good choice to use here, due to based on my experienced even up to
now I could say you can have a passive income here and you can withdraw it anytime you want, compared into centralized
platofrm like Binance exchange your BNB will be lock for 90 days if I am not mistaken though it will gain after 90 days depending
on the period you will set it either 1 year or more something like that. While on biswap is not the same because it was a decentralzied
based platform.

It's 3% in 21 days. Still a lot for staking.

I've checked on other platforms, some with low ARP, some with high APR but look fishy. It's better just stake on all binance platforms for security reasons.

True, safety is the first. The main purpose for holding binance is to wait for the next bull run. Staking is only for passive income and diversifying. It has to be safe.

Thanks.

Have you tried any other Dex with good security records?

Just checked on Biswap. For the 90 days, we can only stake 2.5 WBNB which is so little. I assume that WBNB is the same as BNB, right?

There are many exchanges and platforms that support staking for BNB, but I would recommend going straight to the binance exchange. As BNB is a product of Binance and there is no better and safer place for you to store and stake your BNB. The APY levels may vary a little between platforms but overall not much, in my opinion.

Thanks.

I've been looking for information on where to stake Binance Coin (BNB) for the past few days, but I didn't find any good results. Also, if I'm not mistaken, Trust Wallet used to support staking Binance Coin (BNB) directly there, but when I looked at the app again, the staking feature was no longer available for BNB. There are many more apps or platforms that support BNB staking, but I have my doubts about the credibility of those apps and platforms. My advice, you better staking your BNB only on Binance.

Maybe he just looking for an alternative since there was a decentralized factor to take into account. You know, instead of holding all of your BNB in one exchange to stake, he just wants to diversify it to lower the risk in case an exchange got outage or something similar. Binance is the home of BNB but it's better safe than sorry. In case Binance wants to do something with BNB like intentionally FUD it to buy back it for a cheap price.

Hmm, that's quite high just for 21 days but if it's the amount that it shows for staking it, then that's considerably a steal for you. I was just checking some rates and apy from mycointainer and I think it's justifiable as to why Binance got that high percentage and as well as I've checked also some other platforms like Abra but it has a lower apy and only a few supported cryptos and bnb not yet there from their pool for staking. You've got various choices for each platform so take your time and DYOR for you to have that confidence where you'll delegate or stake it.

for staking BNB tokens and holding them long term then I would rather suggest you to put tokens in Binance platform directly so that we feel safe in keeping assets even though the APY given is not that big but if you plan to hold them in long term then Binance platform is the safest place to invest and we can also invest in many ways there.

Trust wallet still supports staking BNB. I think your trust wallet has been upgraded. The features on the trust wallet have changed a bit. The staking is on the Discover page the second feature at the bottom of the screen.

I intend to hold it for a couple of years or until the next uptrend top is reached. Try to diversify BNB on various platforms to reduce the risk.

Well thats good idea to Reduce the risk involved in the platform uncertaintyby the way why do like to invest in BNB no doubt Binance is obvious reason and BNB is potential contender in the coming era but i think except for Binance BNB has nothing left after ETH Merge.

I agree, Binance is the best one and if you go there and start staking your BNB there, then you could also realize that your income could be used for trading fee and drop the amount of loss you would take from that. It's a win-win situation, you have BNB on your account that gives you free trading bnb fee and that means trading becomes free for you just to hold BNB on your wallet and nothing more.

Plus, if you do not do that, then you are just making a good return form the real place, like literally where bnb comes from, and if you ever end up worrying about "trust" then you know that no other place could be as trustworthy as Binance. They are making tens of millions of dollars in profit every single day, and BNB is a big chunk of it and they could totally end up with a good return on your staking as well, meaning they could never fail to pay you for your staking.

It seems you're trying to diversify your investment across various staking platforms but then again if there is such great platform like binance I see no reason staking outside binance considering sometimes the APY kinda similar.
Regardless though pancakeswap was like the first best alternatives if you want to stake your BNB after all it is also under binance management if i'm not mistaken, so you could get more or less the same safety I guess.

I have a high hope on BNB. That's why I'm going to make some big purchases on the following drop. Then I'll hold them for a couple of years or until it reaches the top of next bull run. During the period of holding, I want to stake them in a couple of different platforms to make some passive incomes and also to reduce the risk.

Is pancakeswap belong to Binance? I don't know that.

I don't think BNB will survive if binance crashes, if he's trying to find a decentralized exchange, I have no idea. But if he is just trying to find a safe platform and higher APY rate than binance to invest then I think it is not necessary. Maybe Binance is a centralized exchange it is still risky to hold our assets on it, but with BNB, I think the exception.

Yes. PancakeSwap is a decentralized exchange and blockchain platform operated by Binance.

And I don’t think the BNB will crash so easily.  However, the BNP came through Binance in 2017.  However, it is moving very well through the monopoly business strategy in a very short period of time.  It's in such a state that I don't think anyone will be able to beat it so easily.
In my opinion Binance is the best choice for staking and also for trading where he is using bnb.