Post
Topic
Board Altcoin Discussion
Re: Staking usdt off exchanges
by
MadeMen
on 14/12/2021, 11:41:28 UTC
I'm looking for a way to stake stable coins like USDT or USDC off any cex exchanges, I know binance exchange allows staking usdt on its exchange but I don't want to stake mine on exchange but straight from a wallet that has private key instead, anyone familiar with any?

From my understanding, the concept of staking implies that you transfer your funds to the recipient who pays interest for using your funds profitably. Transferring your funds to the exchange or to a trust fund is not far apart. I know we have some decentralized exchange that you could benefit from by adding liquidity. This tends to be more lucrative but may require a huge capital outlay.