Are you staking your cryptocurrencies?

[uptrendfinancialsignal]

Staking entails keeping a specific amount of a cryptocurrency in a wallet in order to receive additional tokens of the same coin as compensation for taking part in the network's consensus mechanism.

 

[fcbetting]

I have of 1500BFG tokens in stake. 700 Feyora, 1000 bitcoin satoshi and 950 SPACE tokens. Everything in different service so if I lose one, others should cover it. I hope nothing will gone forever or lost entire value. I hope increasing BFG token to 3500 until end of year.

 

[riberet19]

Yes, I have a few active stakings I could say cosmos atom, cardano, algorand, fun token space token and some more that maybe I forgot to say to tell the truth

 

[fcbetting]

Yes, I have a few active stakings I could say cosmos atom, cardano, algorand, fun token space token and some more that maybe I forgot to say to tell the truth

Where do you stake it and how percent you get back? Does it pay annualy or per day? I get best 12% back for daily payouts. For annual payout I will get 24% interest.

 

[jetsaints30]

Yup Ive been staking for a while now. Its a great way to earn some passive income. Im currently staking on Binance.

 

[riberet19]

Where do you stake it and how percent you get back? Does it pay annualy or per day? I get best 12% back for daily payouts. For annual payout I will get 24% interest.

I do it in decentralized wallets such as Exodus and also metamask the fun token I have it in staking on the page freebitco.in I do not know if you know it, all of them are annual to tell the truth less fun token that is monthly at 10%

 

[Smalto]

Yup Ive been staking for a while now. Its a great way to earn some passive income. Im currently staking on Binance.

Could you please elaborate more in details on how you stake on binance so I can get to learn from you, I have interest in it.
Thanks.

 

[Suba]

I use the opportunity to add coins by staking while waiting for the price to rise, such as SHIB, ADA, in my personal wallet. I do not use crypto exchanges for staking.

 

[Reedex]

I am staking cryptocurrency presently because it is one of the ways to make passive income in crypto.

 

[Suba]

I am staking cryptocurrency presently because it is one of the ways to make passive income in crypto.

You are right, you have to take advantage of the crypto you have to get passive income. Staking is one of the passive income for crypto that uses a consensus PoS mechanism.

 

[fcbetting]

On Betfury I can withdraw stake reward in BFG token or in different currencies. I am choosing other option lately. This is daily reward. My earnings on faucet will be transfered in this program. Maybe even next payout on RIF. If you do some math, every 5 days you get over 150 satoshi only in BTC. One of this crypto should have big bull in next years.