Please keep in mind that online staking "wallets" or "pools" or whatever they call themselves are risky and in general they go against what staking (and crypto) should be. You should be in control of your own coins. And staking doesn't require massive hardware resources like POW mining so just keep your coins and stake them yourself, don't send them to some site to stake them for you.
Thank you for your warning. Yeah, I'm not a newbie I'm well-aware of everything. I thought i can use Binance staking reward system. But one thing I'm not sure about it, for example, neo staking award ratio seems %5. Is it daily, monthly or yearly? if it's yearly it seems very low rate. my country bank gives %24 for monthly lol.
I guess if that was daily and not monthly or even yearly, as far as i know, binance will taking a daily snapshot before it will distribute the staking reward. it's better for you to read FAQ about the staking system that already available in binance exchange site.
If that was %5 for year yearly and people will never try to buy staking coins and just keep their money in the bank because it offers a better rate compared with staking reward.
https://www.binance.com/id/stakingYes, it is a very interesting lucrative way to earn Staking rewards with bare minimum investment and without any technical knowledge.
I did stumble upon an article related to this topic -
https://cointikka.com/earn-cryptocurrency-with-binance/Found that Binance is ranked number 6th in the staking pool and there is zero fees applicable. The only problem is that you do not have the Private key to your exchange wallet.
But, for a small-time investor like me it is the best available option.
Thank you for your answer. I searched a little bit and you're right. It's on a daily basis. And I think it's worth it. I mean %5 for one day not so bad. And if you believe this project future it's better. For now, I bought QTUM and want to try staking. It's safer than trade, actually, I'm not good at trading
But i want to give a chance Binance Staking. Will see what happen.
