Bitcoin Forum
May 03, 2024, 05:52:21 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Why Binance giving more Apr in fixable staking (saving) than locked staking?  (Read 194 times)
el kaka22
Legendary
*
Offline Offline

Activity: 3514
Merit: 1162


www.Crypto.Games: Multiple coins, multiple games


View Profile
September 13, 2022, 04:04:38 PM
 #21

The idea is that flexible could have a higher reward for now, and lower later on, but fixed price will always be fixed and will always give a return based on that. I personally do not stake there, but if I were then I would pick a fixed compound one which would allow me to grow bigger for many years, whereas flexible would be on and off which would create a bit of a trouble.

Plus, the benefits of fixed is that it would be terrible for you if you leave, hence you decide to keep it in there longer than what you would do with a normal one and I would be definitely taking it out ifi t was flexible, whereas I would force myself to keep it if it was a fixed one.

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
If you want to be a moderator, report many posts with accuracy. You will be noticed.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714758741
Hero Member
*
Offline Offline

Posts: 1714758741

View Profile Personal Message (Offline)

Ignore
1714758741
Reply with quote  #2

1714758741
Report to moderator
1714758741
Hero Member
*
Offline Offline

Posts: 1714758741

View Profile Personal Message (Offline)

Ignore
1714758741
Reply with quote  #2

1714758741
Report to moderator
1714758741
Hero Member
*
Offline Offline

Posts: 1714758741

View Profile Personal Message (Offline)

Ignore
1714758741
Reply with quote  #2

1714758741
Report to moderator
|MINER|
Sr. Member
****
Online Online

Activity: 1120
Merit: 421



View Profile WWW
September 17, 2022, 03:57:40 PM
 #22

Flexible staking is one that I can withdraw whenever I want, and locked staking is one that is locked for a certain period of time to earn interest.(USDT,BUSD)
Now my question is, is there any risk in flexible staking?  
Flexible staking is also a benefit for us, then why are they giving more APR on it?

I think you didn’t notice that Binance Flexible Staking has tier based system which only allows certain amount of money in able to benefits on high APY. I post the example below for BUSD Tier Rate.

Tier 1:  0-2000BUSD ; 8% Apy
Tier 2: 2000-20000BUSD ; 0.8% Apy

The greater your capital means you will have less APR on flexible staking while lock staking doesn’t have this kind of limitation. Flexible taking is good if you are using only small capital that is not greater on the first Tier to enjoy the highest APY.
Is APR different for each person? Here  they are showing 20% APR on USDT, BUSD!Here Under below 200$ they are giving 20% and 200<2000 the APR rate is 10% and then over 2000usdt they are giving 0.30% , I am really confused, How does Binance do management their APR system, does it vary from time to time?


        █████████████████      ███████████████    ██████████  ████████    █████████████
    █    ███████   ███████  ████████      █████  ███████████ ████████    ██████   ██████  
        █████████   ███████  ████████      █████  ████████████████████  ████████   ▀▀▀▀▀▀
   ▅▅  ████████   ███████  ████████      █████  ████████████████████  ████████
  █  ▀▀  ████████████████    ████████      █████  ████████████████████    ██████████████
     ▅▅████████   ███████  ████████      █████  ████████████████████              █████    
       ▀▀████████   ███████  ████████      █████  ████████████████████  ▄▄▄▄▄▄      █████
▅▅▅▅▄ ████████   ███████  ████████      █████  ████████ ███████████  ▀▀██████████████
       █████████████████     ████████████████   ████████ ███████████    ▀▀▀██████████


Your Intro
Telegram Casino
to Fun & Entertainment
████
██
██
██
██
██
██
██
████
████
██
██
██
██
██
██
██
████
████
██
██
██
██
██
██
██
████
████
██
██
██
██
██
██
██
████
The Next-Gen
Gaming Space
    ▃▃▃▃▃▃▃▃▃▃▃▃▃
  ▄▄█████████████▄▄
██▀               ▀████▄
                       ██
   ██            ■■    ██
 ██████        ■■  ■■  ███
   ██    ▀ ▀     ■■    ███      
     ▃▃▃▃▃▃▃▃▃▃        ██
    █████████████      ██
    ██          ████████▀
████▀           ▀█████▀
████
██
██
██
██
██
██
██
████
████
██
██
██
██
██
██
██
████
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!