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Author Topic: Looking for best staking platform  (Read 652 times)
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April 05, 2022, 04:13:22 AM
 #21

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 think on Hotbit available for staking shiba inu coin and you can check there with how much APR giving, but most recommended you have to check with all exchange listed Shiba Inu coin and later compare which one exchange giving higher APR for staking Shiba Inu coin. Depend with holding on for Shiba Inu better take staking because available for this coin could stake on several exchange market, but have different percentage about how much APR giving on each exchange market. I think usually Hotbit exchange market giving higher APR for staking coins than other exchange market.

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Wildwest
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April 05, 2022, 06:20:17 AM
 #22

Many platforms provide shiba inu so we just choose a platform that we have often used and safe for us to invest in the long term, platforms such as tokocrypto, indodax and binance are the choice of many investors today, because the platform currently has no major problems that occur so we are very safe in making transactions and investments.

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April 05, 2022, 07:01:41 AM
 #23

The best choice of Shiba Inu if you wanted to stake is Binance crypto. Com token Crypto they had more than 11% apy which is great and also all of them are trusted platform but you will definetly need kyc if you wanted to stake on these platform their are more sources of Staking Shiba inu but that's not trusted

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April 05, 2022, 07:25:03 AM
 #24

The best choice of Shiba Inu if you wanted to stake is Binance crypto. Com token Crypto they had more than 11% apy which is great and also all of them are trusted platform but you will definetly need kyc if you wanted to stake on these platform their are more sources of Staking Shiba inu but that's not trusted
Doing KYC on the two platforms you mentioned is also not too difficult now and anyone can do it well if he has all the personal data in the original.
And if it's only for staking purposes, then obviously it wouldn't be wrong to choose that platform, but for token selection, I don't think it's necessary to choose Shiba Inu either because there are many good tokens that can still be staked at this time including BNB via the exchange itself.

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April 05, 2022, 07:32:58 AM
 #25

Why not try their own platform. Im sure the apr for their staking is much higher than of binance and other staking platform. The percentage on cex is high, however Ive noticed that they made a tier which you could stake maximum amount if this or that to earn. Unfortunately they got kow max on some so even you stake and got good APR, still you wouldnt feel the rewards, since the higher staking token the lower the value they give on you.

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April 05, 2022, 11:54:30 AM
 #26

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

I would say that indeed a good list
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April 05, 2022, 02:15:54 PM
 #27

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.
No problem with staking all Shiba tokens on Binance exchange because they are capable to pay if assets are stolen or lost, do you know that Binance exchange have funds available for any possible hack?
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April 05, 2022, 08:15:10 PM
 #28

Pancakeswap. I know there are better according to some people but I just love BSC too much and I love staking on pancakeswap since it is the best platform for BSC as well. It also provides only the good ones, there are some bad ones that come in, but they do not stay for too long and they leave, which is the proof that I need to make sure that I am not investing into something bad.

Just focus on the old things that are there and you will see that long term pancake listed tokens do not get worse. Plus there are top coins like btc, eth and so forth with wrapped versions as well. You could also go with simply cake and you should be doing fine.

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April 05, 2022, 08:54:31 PM
 #29

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 didn't know you could stake shiba, do you mean farming? I don't know what kind of APY you can expect but NEAR has 13% staking rewards and ICP has 40% rewards, both without smart contract risks.
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April 05, 2022, 11:23:52 PM
 #30

Now staking is very popular because it allows to earn passive income. But a lot of depends how useful is the project and what tools it offers.
Now appear projects that offer comfortable and useful tools like this https://twitter.com/KaibaDeFi/status/1508489164660039687
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April 05, 2022, 11:56:46 PM
 #31

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 didn't know you could stake shiba, do you mean farming? I don't know what kind of APY you can expect but NEAR has 13% staking rewards and ICP has 40% rewards, both without smart contract risks.

It is hard to trust a platform offering high percentage as you don't know if they will respect the percentage or not or in other cases, will they survive long? If I am the one who will stake SHIB, I will trust it in binance as they are reputable and have insurance. Right now, they are offering about 12% APY for 120 days. And with the OP's SHIB amount, he can get already a good return.


https://www.binance.com/en/staking
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April 06, 2022, 01:27:16 AM
 #32

Although I'm not a fan of this coin, I know it's too popular and OP can easily stake Shiba Inu on many exchanges, or other staking-enabled platforms.

Top exchanges like Binance, Crypto.com,... are all supporting it.

In addition, I think it will be quite convenient and flexible to use the product in the existing ecosystem https://shibaswap.com/ which also gives you the necessary features.

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April 06, 2022, 04:57:52 AM
 #33

Why not a stablecoin stake instead since that would be stable?
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April 06, 2022, 05:54:59 AM
 #34

No problem with staking all Shiba tokens on Binance exchange because they are capable to pay if assets are stolen or lost, do you know that Binance exchange have funds available for any possible hack?
Almost everyone knows about problems like this, especially if someone has experienced losing funds due to Binance hacking in the past, he automatically knows about this and to bet tokens like Shiba Inu on the Binance exchange, I think there is no need to be afraid, because let alone for tokens like Shiba Inu which are just memes, BNB coins themselves can also be safely gambled there without hesitation to lose.

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April 06, 2022, 10:57:55 PM
 #35

Now staking is very popular because it allows to earn passive income. But a lot of depends how useful is the project and what tools it offers.
Now appear projects that offer comfortable and useful tools like this https://twitter.com/KaibaDeFi/status/1508489164660039687

Staking allows to earn money buy holding cryptocurrency. That is why it is so popular and in demand.
Now many people earn money on staking and its popularity continues to grow.
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April 06, 2022, 11:22:04 PM
 #36

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 think you can use the binance platform for staking shiba coins.
there are many choices of timeframes that you can specify
for now i see there is a choice
10 days, 60 days, 90 days and 120 days
if you want to try can choose 10 days with 10.12%.
I hope this helps.

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April 06, 2022, 11:42:17 PM
 #37

You can stake it on binance. If you have it in your wallet, you can stake on shibaswap. You need to check across and choose which one pays you. Personally I would go with shibaswap.

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April 08, 2022, 08:09:37 PM
 #38

Now staking is very popular because it allows to earn passive income. But a lot of depends how useful is the project and what tools it offers.
Now appear projects that offer comfortable and useful tools like this https://twitter.com/KaibaDeFi/status/1508489164660039687

Staking allows to earn money buy holding cryptocurrency. That is why it is so popular and in demand.
Now many people earn money on staking and its popularity continues to grow.

Staking is very popular when cryptocurrency market rise. Now many people are hoping that cryptocurrency market will rise that is why staking is in demand now.
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April 09, 2022, 06:54:26 AM
 #39

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 would like to suggest you Binance Exchanger for staking. I think it is the best platform from others for staking. Because it gives you security, then gives you a good APY rate. I think binance exchanger would be good for you to get security, availability, higher APY rate. Binance is one of the best centralized exchanger in the world .

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April 09, 2022, 07:01:17 AM
 #40

I think there will be lots of staking platform but i will suggest you binance for stake your token because its the most reliable platform and no chance of loosing money or got scam. So stake on any binance token pair

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