Quote from: superman184 on Today at 03:24:24 PM

Quote from: DanielBroonze on August 21, 2021, 10:07:22 AM

Actually, I heard about Staking the coins gives apy. I want to know is really a staking good idea & what will be the staking months like 1 month, six months or 1 year.

Staking is a good way for some passive income but you should know about how it works, currently I am also staking on several platforms, maybe the passive income generated when we staking seen from the number of tokens and APY provided by the platform, I think it will it is better for us to risk assets than just leave them in the wallet but provided that we are risking good tokens and low risk.

You have to understand more deeper if you are aiming for passive income, the hypes also influenced the possible profits. Make sure to check the lock in period as it will determine the full potential of your earnings, if there's a long time frame think twice unless you really know or trust the developers, better to look for good and quality assets who will allow you to withdraw your fund anytime that you needed your money.

Quote from: nicolas1979 on Today at 07:14:55 PM

Quote from: DanielBroonze on August 21, 2021, 10:07:22 AM

Actually, I heard about Staking the coins gives apy. I want to know is really a staking good idea & what will be the staking months like 1 month, six months or 1 year.

Annual staking with monthly staking of course APY is much different. Perhaps for the percentage generated will be higher staking made within a year.
You can do staking on Binance, for me Binance is much safer than other sites that do provide special staking services. You can also stake on Pancakeswap, the APR rate is much higher compared to Binance. But I've never staked on Pancakeswap, so I can't explain the details. I often use Binance when it comes to staking, especially when I see the market is going down.

Binance indeed is the best place and there are many available options, do your DYOR and pick the right asset to stake your money.