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Author Topic: Stake platforms for BNB  (Read 245 times)
Calm N Patience (OP)
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June 22, 2022, 09:17:21 PM
 #1

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
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June 22, 2022, 09:52:05 PM
 #2

The exchange itself - Binance, but personally I would prefer staking In a wallet where I have complete control of my funds like trust wallet. I am not sure about the rewards though... that you will have to look up.

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batang_bitcoin
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June 22, 2022, 10:47:05 PM
 #3

I've posted about staking in some other thread. It's not just for Ethereum but also some of them have BNB.

Yes, staking is one thing we can do in times of market conditions like this to keep making a profit,
but then again not everyone can do that and they also need to consider,
Top altcoins like Ethereum, BNB, or Matic I think it's worth buying and suitable for long term investment
If you're for Ethereum, stakingrewards.com suggests top 10 staking providers.

1. Binance staking - custodial
2. Kraken - custodial
3. Bitcoin Suisse AG - custodial
4. Stake DAO - decentralized
5. StakeWise - decentralized
6. Guarda wallet - decentralized
7. ANKR - decentralized
8. MyCointainer - custodial
9. Cream Finance - custodial
10. Blox Staking - decentralized

You should understand that if you're fine for holding it, you should just hold it. But if you're also trying to make out from it while holding it, you can stake it but make sure that you choose the right platform and understand what custodial and non custodial means and as well as centralized and decentralized. Based on the info from the website, all of those altcoins that you've mentioned are supported in ANKR and MyCointainer.

Still, it all comes with the idea of DYOR for all the platforms that you may meet for your staking needs.
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June 22, 2022, 11:26:12 PM
 #4


You can stake it on the Binance site directly, even there you can choose a certain staking period for example 30, 60, 90 and even 120 days. For more information, you can visit the following link: https://www.binance.com/en/staking. Apart from staking on the Binance platform itself, I don't recommend staking anywhere else. Binance exchange is the biggest exchange right now and that is their plus point. Of course it would be very safe if staking on their platform (although it would not be 100% secure).

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ilovealtcoins
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June 23, 2022, 04:49:22 AM
 #5

BNB is a product of the binance exchange so there is no better place to stake BNB on its own platform. Holding will not be profitable in a bear market and you might think that a long-term bet of maybe 2 years is a good idea. You don't have to go around looking for which platform is more profitable, just visit binance.com, the best staking platform for BNB.

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Calm N Patience (OP)
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June 23, 2022, 06:21:58 AM
 #6

BNB is a product of the binance exchange so there is no better place to stake BNB on its own platform. Holding will not be profitable in a bear market and you might think that a long-term bet of maybe 2 years is a good idea. You don't have to go around looking for which platform is more profitable, just visit binance.com, the best staking platform for BNB.
I'm going to hold it for 2 to 3 years.
Calm N Patience (OP)
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June 23, 2022, 06:25:43 AM
 #7


You can stake it on the Binance site directly, even there you can choose a certain staking period for example 30, 60, 90 and even 120 days. For more information, you can visit the following link: https://www.binance.com/en/staking. Apart from staking on the Binance platform itself, I don't recommend staking anywhere else. Binance exchange is the biggest exchange right now and that is their plus point. Of course it would be very safe if staking on their platform (although it would not be 100% secure).

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.
Calm N Patience (OP)
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June 23, 2022, 06:30:25 AM
 #8

I've posted about staking in some other thread. It's not just for Ethereum but also some of them have BNB.

Yes, staking is one thing we can do in times of market conditions like this to keep making a profit,
but then again not everyone can do that and they also need to consider,
Top altcoins like Ethereum, BNB, or Matic I think it's worth buying and suitable for long term investment
If you're for Ethereum, stakingrewards.com suggests top 10 staking providers.

1. Binance staking - custodial
2. Kraken - custodial
3. Bitcoin Suisse AG - custodial
4. Stake DAO - decentralized
5. StakeWise - decentralized
6. Guarda wallet - decentralized
7. ANKR - decentralized
8. MyCointainer - custodial
9. Cream Finance - custodial
10. Blox Staking - decentralized

You should understand that if you're fine for holding it, you should just hold it. But if you're also trying to make out from it while holding it, you can stake it but make sure that you choose the right platform and understand what custodial and non custodial means and as well as centralized and decentralized. Based on the info from the website, all of those altcoins that you've mentioned are supported in ANKR and MyCointainer.

Still, it all comes with the idea of DYOR for all the platforms that you may meet for your staking needs.

Thanks!
MadeMen
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June 23, 2022, 06:31:20 AM
 #9

As you intend holding for a long time duration, you can use the 120 days option on the binance exchange website and roll over after the period expires. It's even possible to use the automatic roll over button that keeps your asset staked for a longer period of time. The APR may not be the highest, but the risk is lesser.
Calm N Patience (OP)
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June 23, 2022, 06:33:18 AM
 #10

The exchange itself - Binance, but personally I would prefer staking In a wallet where I have complete control of my funds like trust wallet. I am not sure about the rewards though... that you will have to look up.

The interest rate on Trust wallet is lower than Binance. I will stake on both of them. I want to stake on couple more platforms to reduce the risk.
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June 23, 2022, 06:55:17 AM
 #11

The exchange itself - Binance, but personally I would prefer staking In a wallet where I have complete control of my funds like trust wallet. I am not sure about the rewards though... that you will have to look up.

The interest rate on Trust wallet is lower than Binance. I will stake on both of them. I want to stake on couple more platforms to reduce the risk.

Staking on different platforms seems to be a wiser move, but when you have to stake in an exchange, I'll advise you stick to binance exchange because it's the largest exchange and has a good reputation especially as it relates to staking.
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June 23, 2022, 07:18:52 AM
 #12

You can stake bnb in Binance very own crypto wallet called trust wallet if you don't want to use Binance exchange directly, to me Binance is responsible so I don't have any problem stealing on it's exchange instead of it's wallet.

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June 23, 2022, 08:55:27 AM
 #13

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.
In the past, BNB was utility coin, meaning that you get it to reduce your Binance fees, and therefore it is unwise to use it in investment, they manipulate its price in order to collect more money from investors, and then if things go wrong, you will not be able to dispute them in a court ruling, because that The value of the currency has decreased to zero (it has the same characteristics as the stock, but you do not get any guarantees)

In short Don't use it as a long term investing and if you are invest in it Don't invest outside of Binance.

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June 23, 2022, 09:41:58 AM
 #14

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
You can stake BNB easily on there own exchanger Binance. The offering staking for 120 days min 0.001 Maximum 0.5 BNB 12.99% APR and 90 Days Staking Min 0.1 BNB and Maximum 500 BNB 8.69% APR. I think it is better  to take 90 days staking package here you can stake maximum of 500 BNB and you will get a good Return each APR

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June 23, 2022, 10:32:15 AM
 #15

Definitely stick with binance, although they are custodial regardless they are the ones that issued BNB themselves, I guess they definitely offers the best service and definitely isn't gonna put all your effort into waste unlike staking in some other platforms that suddenly changes their APY just because they deemed the APY isn't sustaining.
If you are truly seeking for reliability of a staking platform then binance is no brainer



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June 23, 2022, 11:32:41 AM
 #16

I think you don't need to look for another platform other than Binance. They give the best reward on their own platform on binance and you stay safer than other apps. I usually use the binance platform for staking. There are some coins that I can stake pos and I keep them in their own wallets. We are not in a period to take too much risk, if there is an uptrend again, then it is easier to take risks.

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June 23, 2022, 01:18:54 PM
 #17

staking in binance offers high APY and they have been offering their staking platform for quite sometimes honestly I see no real reason as to why you should ditch binance and move on to another platform.
Because frankly binance's services are of great quality ever since, that's the reason they become number 1 platform for trading cryptocurrencies and staking in general. Moreover, binance has billions of reserved fund in their arsenal, that alone give such reassurance that your investment gonna be safe if you stake in binance.

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June 23, 2022, 08:33:42 PM
 #18

As you intend holding for a long time duration, you can use the 120 days option on the binance exchange website and roll over after the period expires. It's even possible to use the automatic roll over button that keeps your asset staked for a longer period of time. The APR may not be the highest, but the risk is lesser.
I've just on Binance stake. The 120days APY is 12.99%, the 21 days is 52.34%. 21days pay much higher than 120 days, is this real?
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June 23, 2022, 08:40:40 PM
 #19

You can stake bnb in Binance very own crypto wallet called trust wallet if you don't want to use Binance exchange directly, to me Binance is responsible so I don't have any problem stealing on it's exchange instead of it's wallet.
I'll stake on binance, binance chain, and trust wallet. These are all belong to binance.
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June 23, 2022, 08:43:46 PM
 #20

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.
In the past, BNB was utility coin, meaning that you get it to reduce your Binance fees, and therefore it is unwise to use it in investment, they manipulate its price in order to collect more money from investors, and then if things go wrong, you will not be able to dispute them in a court ruling, because that The value of the currency has decreased to zero (it has the same characteristics as the stock, but you do not get any guarantees)

In short Don't use it as a long term investing and if you are invest in it Don't invest outside of Binance.
I'll hold it until the uptrend top is reached. It might take 3 years.
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