Post
Topic
Board Economics
Re: Passive income : Bank interest vs staking
by
Serco
on 22/04/2022, 17:22:23 UTC
Yes  I still have Bank Savings till now but at least that is just a tip of the ice berg from how much i have in my crypto savings, Staking? yeah i am onto it but In Binance only , that is the only staking place where i trust more than anything.
i tried others in the past but I did not get what seems to be promised so i focus in staking in binance up to now.
Bank interest is far lower than what i can take in staking but at least I wanna make sure that I am ready in everything that would happen in the future.
fiat saving still needed for emergency condition , maybe put some money into cyrpto and fiat saving will be ideal for us. staking in binance has best security layer and also our money here 100% guarantee . if any loss , their exchanges will replace it using SAFU fund. crypto staking has bigger APY if compared with bank saving or deposit. but we must also calculate the volatility in future.