Best place for staking or yield farming

[Anonylz]

Where do you think is the best place to stake or farm your crypto?

Till now i have only tried pancakeswap, but i think it has high fees, at least for the small transactions i make.

Someone recently recommended Merlin Lab an Auto-compound farming platform that gives high apr for staking, i have seen some members of the telegram group talking how much they have earn in farming and staking, i have not try it out yet perhaps you can check it and dyor to decide, i don't have idea about their fees, you can ask that on their official telegram group.

[dhemasm]

I suppose Pancakeswap is one of the most cheapest Staking Or Yield Farming out there right since it was using BSC so maybe you can keep using Pancakeswap for now, 0,12 For Fee is really worth where you need to pay $2-5 when using Ethereum like Uniswap, 1nch. If your concern about gas fee then try to using CEX like Binance and Kucoin, Both of them always offering good staking program without any gas fee.

[Tipstar]

I'm a long time fanboy of pancakeswap but just found about a new BSC defi called biswap. They are new and many of their farms provide better rates than pancakeswap. But I'm really for their native token farm which provides 700% per annum on the token which is the highest I've found on a farm. The exchange fees with cashback are much better than pancakeswap as well.

[justdimin]

Where do you think is the best place to stake or farm your crypto?

These days lots of places are supporting staking and you may gain up to 10% per annum but the question is, will you able to get good ROI in USD or BTC/ETH rates? Definitely NO. For example, I tried staking Tron when its price were trading around 500 satoshi and they announced free air-drop of BTT tokens on monthly basis for holding TRX in some specific exchanges but see where TRX is trading right now; I agree I got good amount of BTT tokens for free and up to 6% returns for my TRX balances but its worth is not good in terms of BTC/ETH values.

I also see that the nominex exchange supports pools and there are several competitive events for traders and investors every week. seems interesting to try.

All mining/staking things are too interesting while investing but up to what level they are profitable will be big concern here. We always need to remember that all glittering things are not gold, nothing else.

[Tigerheart3026]

pancakeswap is potential dex in binance smart chain, personally i like their staking/yield farming program
and still i have some token in pancakeswap yield farming, high apy, who can make passive income i prefer this platform

[MauJohn21]

Where do you think is the best place to stake or farm your crypto?

Till now i have only tried pancakeswap, but i think it has high fees, at least for the small transactions i make.

Im currently staking DIVI on Divi Wallet 2.0 . Strongly recommend checking it out if you are looking into staking. You can also use them to run nodes which is also super easy to do and requires only 1 click to setup.

DIVI is set for sucess in my opinion

I think Divi is an excellent option, the possibility of generating passive income is not limited to a home computer, but you can take advantage of creating nodes in the cloud and thus streamline the process. Take a look at the following article on masternodes via cell phone:https://diviproject.org/blog/mobile-masternodes

[AmoreJaz]

pancakeswap is potential dex in binance smart chain, personally i like their staking/yield farming program
and still i have some token in pancakeswap yield farming, high apy, who can make passive income i prefer this platform

pancakeswap has established its reputation in this defi market. if youre a beginner, better try this one as they won't disappear anytime soon. whereas with new defi ecosystems, you don't know their longevity in this market. they may offer high roi, but the question is, can they really offer such high rate if there will be no enough farmers or stakers?
ive seen several promising defi platforms and you can check also the liquidity of their farms, because this will give you insight how they are doing with the volume.

[ectbit]

[/quote]

pancakeswap has established its reputation in this defi market. if youre a beginner, better try this one as they won't disappear anytime soon. whereas with new defi ecosystems, you don't know their longevity in this market. they may offer high roi, but the question is, can they really offer such high rate if there will be no enough farmers or stakers?
ive seen several promising defi platforms and you can check also the liquidity of their farms, because this will give you insight how they are doing with the volume.
[/quote]

So you say that the most important thing to check before choosing a pool, is not the APY, but the liquidity.

[Luqman]

If you're looking for the most reputable platform for staking and also farming, maybe Binance is one of the recommendations. So far, Binance also offers several projects for coins to stake or farming.
And if you are going to check some options of yield farming, try to visit this CoinMarketCap site:
https://coinmarketcap.com/yield-farming/
Do your own research.

So you say that the most important thing to check before choosing a pool, is not the APY, but the liquidity.

Hey, you don't need to type quote by yourself to answer certain posts. But, you can do it by clicking the Quote button on the top right corner of the post that you are going to quote.

[sulendra12]

Till now i have only tried pancakeswap, but i think it has high fees, at least for the small transactions i make.

Almost all of the DEX or swap exchanges have similar amount of fees anyway. Would not recommend to make small transaction because your money would be gone after deducted from fees.

I'm using ApeSwap, Binance and stacking on my Exodus wallet. It's pretty convenience so far and never had a trouble using it until today. Just make sure to saving the money first so the fees won't depleted all your money.

[sedahan13]

There are alot of platform to chooce for staking but remember to do that on Decentralized platform so we can connect to personal wallet so our assets belong to us. To avoid high fee transaction is better doing it on platform that built by blockchain of BSC, WAVES, SOLANA, MATIC , AVALANCHE, EGLD. When trend of market there indication changing to bearish is better choose staking of stable coin.

[Cryptoshops]

I use Binance they have some pretty good apy percentages on some tokens and coins.

[fielkun]

You might want to check out Stakenet Staking as well.

Stakenet invented Cold Staking via TPoS and currently in public beta for the worlds first true Lightning DEX built directly into their multicurrency light wallet.

[SacriFries11]

I think if you want to staking I prefer pancake swap and staking sake, or it could be at a Binance exchange and staking with BNB, but you have to be careful because not all have security guarantees and you have to be prepared with the risks involved.

Pancakeswap is good staking platform along with Bakeryswap. Binance exchange offer their BNB vault to stake BNB and you unstake any amount of BNB anytime you want. You can also reward some tokens that launched in there launchpad. There are lots of staking platform in the crypto right now with high percentage of APY but due to bear market, the suddenly goes down and their price also down. You can also try staking in Injective Protocol. I think a lot of users prefer to use Binance to stake their tokens since you can immediately exchange your token if you want to.

[triat]

it is possible only if you create liquidity with pairs of stablecoins USDT-USDC, for example. If farming, then only for those tokens that are on the wallet, such as ETH, BNB, USDT, USDT, etc.

[Myleschetty]

Where do you think is the best place to stake or farm your crypto?

Till now i have only tried pancakeswap, but i think it has high fees, at least for the small transactions i make.

It all depends on the coin you are planning to stake or farm cause Sovyrn offer unique APY for the staking of USDT, pancake swap and Uniswap is good if you use uniswap for liquidity provider but I understand what you mean you said the case fee of Pancakeswap is high which is not.

[devil2man]

be on the bsc blockchain at the moment pancakeswap has no rivals but you can also try https://app.beefy.finance/ which is a kind of aggregator / comparator that shows the best investment proposals on bsc on the various defi / exchanges, instead on the blockchain eth the best is uniswap but you can also use zapper which is an aggregator

[btcltcdigger]

Where do you think is the best place to stake or farm your crypto?

Till now i have only tried pancakeswap, but i think it has high fees, at least for the small transactions i make.

LOL, high fee's on pancake? God, you've never tried ETH have you?
But on a serious note, try farming on xdai or matic. Fee's should be 10x lower

[ectbit]

During this dip do you think is a good move if you stake all the coins you have, if you choose to hodl to the end?

Or is better to find a good farm to park them?

[Getrichbro]

y'all have got to check out https://www.reddit.com/user/ElmerNoFud/comments/o42qv3/elmers_fresh_list_16/ on Reddit