Post
Topic
Board Economics
Re: Passive income : Bank interest vs staking
by
dunfida
on 22/04/2022, 21:26:10 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.
Why would really be need to choose one if you could choose both? When you are saving up some money for future or for some security and if you do like to venture out on some crypto investment then you could really

opt on staking but its not really that suggestible considering on the risk involved.Earnings per year might be that bigger than with Banks are offering but this isnt something that you could compare out in terms

of assurance or security of your money and with just common sense then you would able to identify out for yourself about main differences.