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Passive income through crypto staking
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[QUOTE="Mika, post: 233862, member: 29399"] I use Binance, 90 percent of my crypto assets are in Binance. Well, Binance is a centralized exchange and there is a risk of using a centralized exchange because the centralized exchanges are prone to hacking. If someone hacks into Binance, I might lose my money. However, I am using Binance due to two features, one, P2P trading, two, staking. Binance has a program called Binance Earn and you can use this program to earn rewards from your crypto assets in many ways, for example, staking, yield farming, etc. I am staking my cryptos on Binance and earning rewards. A lot of cryptos are available for staking I am staking SHIB, ADA, and MATIC. You get 5 different options for staking, for example, you can stake for 10 days, 30 days, 60 days, 90 days and 120 days. The longer you stake your cryptos, the higher will be the reward. For example, if you stake MATIC for 120 days, you can earn 21 percent annualized APY. During the staking period, your funds will be locked, however, you can cancel the staking at any time. If you have a lot of crypto assets, you can use the staking option to earn passive income. [/QUOTE]
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