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Author Topic: Stake platforms for BNB  (Read 257 times)
batang_bitcoin
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June 25, 2022, 08:36:10 PM
 #41

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



 

 

 

 

 

 


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June 25, 2022, 09:16:35 PM
 #42

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.

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June 26, 2022, 04:30:37 AM
 #43

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.

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.

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.
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June 26, 2022, 04:37:27 AM
Merited by Hamza2424 (1)
 #44

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.
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.
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June 26, 2022, 09:37:50 AM
 #45

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.
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.

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June 26, 2022, 09:33:01 PM
 #46

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.

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June 26, 2022, 11:08:10 PM
 #47

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.
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June 27, 2022, 01:56:24 PM
 #48

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.

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.
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June 27, 2022, 01:58:10 PM
 #49

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.

Is pancakeswap belong to Binance? I don't know that.
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June 29, 2022, 03:35:59 PM
 #50

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

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.
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.

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.



Is pancakeswap belong to Binance? I don't know that.
Yes. PancakeSwap is a decentralized exchange and blockchain platform operated by Binance.

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June 29, 2022, 04:10:32 PM
 #51

I don't think BNB will survive if binance crashes.
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.

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