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Author Topic: Looking for best staking platform  (Read 652 times)
GEMIN_M4 (OP)
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March 31, 2022, 06:44:26 AM
 #1

I have 12 million shiba inu tokens and I'm looking for a platform to stake the tokens for more tokens which platform is the best for staking shiba inu for 30 to 120 days maybe.

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March 31, 2022, 07:21:39 AM
 #2

I don't know that much with shiba if it's staking but checking it on Binance, you'll get these interest rates: https://www.binance.com/en/earn/shib
But I guess that you know the other thing about staking in an exchange, you're giving them your coins and you're not going to get the private key of it.

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March 31, 2022, 08:05:32 AM
 #3

Personally I prefer Binance exchange to stake SHIB you may also consider this exchange but before staking you need to understand about their staking options, currently Binance is providing 30 to 120 days staking plans with good APY and the most important thing you must consider, keep atleast 50% amount of your SHIB in your decentralize wallet which may be a healthy decision in my opinion.
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March 31, 2022, 08:32:59 AM
 #4

You can stake Shiba inu tokens on Crypto.com and Binance exchange, the APY returns are different I think the Binance exchange APY is higher compared to Crypto com APY, last time I checked its over 10% APY, also I trust Binance exchange more.

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March 31, 2022, 08:59:22 AM
 #5

Check Binance and I think you can also stake SHIB in their main website https://shibaswap.com/#/ you can swap it to bone and stake it I am not sure about it so I only know two platforms the Binance and the Shibswap but to be sure you can just stay with the Binance staking.

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March 31, 2022, 09:17:28 AM
 #6

I'm currently staking some shiba tokens using binance exchange as we speak but here are lists of other platforms that support staking.

1. Crypto.com
2. Binance exchange
3. Atomic wallet
4. Shibaswap
5. Kucoin

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March 31, 2022, 10:11:24 AM
 #7

It's better if you are staking your shiba on shibaswap. This swap platform officially launched by shiba inu developer and it has a very good APY at this moment. You can take a look at APY to stake your shiba inu on shiba swap.
https://shibaswap.com/#/yield

There are so many pair for you to stake your shiba inu and i thought that the APY looks so good for you at this moment.

I will prefer to use this rather than binance exchange site, You can earn bone as the reward for staking your shiba.

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April 01, 2022, 06:53:35 AM
 #8

It's better if you are staking your shiba on shibaswap. This swap platform officially launched by shiba inu developer and it has a very good APY at this moment. You can take a look at APY to stake your shiba inu on shiba swap.
https://shibaswap.com/#/yield

There are so many pair for you to stake your shiba inu and i thought that the APY looks so good for you at this moment.

I will prefer to use this rather than the binance exchange site, You can earn bone as the reward for staking your shiba.
Shiba swap has better APY than Binance exchange like you said but I don't want to connect my wallet that I use for storage of tokens for long term to any dex platform, I prefer sending out my shiba tokens to another platform instead that's why I believe that binance is the best choice here but thanks for your suggestion.

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April 02, 2022, 10:49:17 AM
 #9

I don't know that much with shiba if it's staking but checking it on Binance, you'll get these interest rates: https://www.binance.com/en/earn/shib
But I guess that you know the other thing about staking in an exchange, you're giving them your coins and you're not going to get the private key of it.
Staking is basically just that, I don’t think there is any way that you will stake your cryptocurrency and you will still have full control over it (or have your private keys), the exchange or platform that you are going to be staking your cryptocurrency would have to lock it up and you would be unable to assess that cryptocurrency that you have staked on the platform till the period is complete.

The market is already a risky one and this is nothing more risky than it already is. So, what matters here is just that you select a good and trusted platform such as Binance.com like you have mentioned, or if there is any other better than it, which I don’t really think so, then you can go for that.

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April 02, 2022, 11:01:37 AM
 #10

I have 12 million shiba inu tokens and I'm looking for a platform to stake the tokens for more tokens which platform is the best for staking shiba inu for 30 to 120 days maybe.
What I know is that Binance is the only exchange platform that has a very trusted staking feature and is recommended for that I believe putting your Shiba Inu on the Binance market by activating the staking feature is the best choice.
I'm not a Shiba Inu fan, so I don't know much about where we can stake Shiba Inu, but what I do know is that Shiba Inu is great for holding for the future with staking, and I know Binance has that feature.

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Anonylz
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April 02, 2022, 11:32:17 AM
 #11

Binance as suggested by many seem to be the best option with regards to trust and security but the apy offered is very low and there are limits to what @op can stake, from what I saw on the staking option.

For example - 10 days (10.12%) 200 shib limit.
90 days (1.52%) 1000000 shib limit.
I think it is not worth the trouble staking this coin in binance, having your coins locked for 3 months for this low apy! there are other high apy staking like bsw giving 143.25% for 90 days imo.

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April 02, 2022, 11:45:30 AM
 #12

I have 12 million shiba inu tokens and I'm looking for a platform to stake the tokens for more tokens which platform is the best for staking shiba inu for 30 to 120 days maybe.
I don't know much about the Shiba inu, but this coin has the potential to be used as an investment vehicle because some people believe the Shiba inu is the next dogecoin.
For staking, I believe binance is the best shiba inu staking place because so far binance is a very trusted platform.
Apart from Binance, there may be many less well-known platforms, but I still recommend Binance to make your assets more secure.
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April 02, 2022, 01:39:08 PM
 #13

You can try staking SHIB on shibaswap which is the native decentralized  exchange of SHIBA INU. Or you could stake it on different centralized exchange like crypto.com or Binance (at your own risk). Binance used to give good APY on SHIB 30,60 and 90 days staking. But not it isn't worth anything. Around 0.3-1% i think. They do have higher APY for 10 and 120 days but maximum stake limit is very small.
Remember, if you stake your coins, you will have to lock it. If you redeem early, you will lose all your rewards.

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April 02, 2022, 05:16:25 PM
 #14

Yes, I agree. Shiba Inu tokens are best staked directly on ShibaSwap, which is an official decentralized exchange platform. Additionally, most centralized exchanges support token staking as well, so check the terms and conditions of your favorite exchange for more information. Keep in mind, however, that you will lose all your tokens if anything goes wrong with the exchange.

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April 02, 2022, 09:39:47 PM
 #15

If you’re planning to stake just for 30 days, do not expect much from it. Maybe 120 days? That would be a better lock-up period. Again that would depend on the platform that you decide to choose, some platforms may have their own specific period that you would have to go for, and nothing less than that.

Some of them might require you to go for a year, and there are also those that would allow you to unstake your cryptocurrency at anytime you want. So these are things that you should look into before selecting a platform. When it comes to a reward that you are going to be getting, majority of them are similar in this aspect.
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April 02, 2022, 09:52:01 PM
 #16

I have 12 million shiba inu tokens and I'm looking for a platform to stake the tokens for more tokens which platform is the best for staking shiba inu for 30 to 120 days maybe.
^ A guide that you should follow regarding staking and swapping your Shiba Inu.
https://coincodecap.com/stake-earn-shiba-inu
You can stake on Binance and also in Shibaswap that was suggested above. If I were you, just do your own research and do not follow the random suggestion. And be careful with anyone who sends a link that will probably be a fake website and stole your coins.
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April 03, 2022, 12:31:50 AM
 #17

I have 12 million shiba inu tokens and I'm looking for a platform to stake the tokens for more tokens which platform is the best for staking shiba inu for 30 to 120 days maybe.

I remember there was a ShibaSwap platform where you could send Shiba tokens to staking and provide liquidity, earning tokens of the Shiba exosystem: xSHIB, tBone and xLEASH



You can also consider the following exchanges: Binance and Crypto.Com . There you can also earn on Shiba.

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April 03, 2022, 06:29:27 AM
 #18

i think for shiba inu you can do it in a supportive market, but i personally prefer between TokoCrypto and Binance to bet on shibainu, but now I hear binance currently provides a 30 to 120 day betting plan with very good APY, and I personally trust TokoCrypto and the Binance Exchange very much.

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April 03, 2022, 08:06:58 AM
 #19

i think for shiba inu you can do it in a supportive market, but i personally prefer between TokoCrypto and Binance to bet on shibainu, but now I hear binance currently provides a 30 to 120 day betting plan with very good APY, and I personally trust TokoCrypto and the Binance Exchange very much.

In the shiba inu bet are there any limitations, for example the min is so and the max is so guys because I've never done a shiba inu bet.
But if you market tkocrypto, I often use it but not for betting.
And if you may know, what are the risks?

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April 05, 2022, 02:15:26 AM
 #20

I have 12 million shiba inu tokens and I'm looking for a platform to stake the tokens for more tokens which platform is the best for staking shiba inu for 30 to 120 days maybe.
Only Binance is what i know that offers staking for SHIB coin but the thing is will you be contented in the rates they are going to offer?
but try to check which staking rates will fill your desire.
i think for shiba inu you can do it in a supportive market, but i personally prefer between TokoCrypto and Binance to bet on shibainu, but now I hear binance currently provides a 30 to 120 day betting plan with very good APY, and I personally trust TokoCrypto and the Binance Exchange very much.
isn't 30-90 days only? because this is what stakes gives me couple times before but I have not checked recently how much are they offering .

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