Quote from: helloinox on June 25, 2022, 07:09:59 PM

Quote from: DanWalker on June 25, 2022, 04:09:02 AM

Quote from: Calm N Patience on June 22, 2022, 09:17:21 PM

Hi guys,

Does anyone know any stake platforms for staking BNB? I'm waiting for bnb final drop them I will buy some and hold it for a few years or until the uptrend cycle is reached. So looking for stake platforms to stake bnb to earn some passive income. Thanks

There are many exchanges and platforms that support staking for BNB, but I would recommend going straight to the binance exchange. As BNB is a product of Binance and there is no better and safer place for you to store and stake your BNB. The APY levels may vary a little between platforms but overall not much, in my opinion.

Maybe he just looking for an alternative since there was a decentralized factor to take into account. You know, instead of holding all of your BNB in one exchange to stake, he just wants to diversify it to lower the risk in case an exchange got outage or something similar. Binance is the home of BNB but it's better safe than sorry. In case Binance wants to do something with BNB like intentionally FUD it to buy back it for a cheap price.

I don't think BNB will survive if binance crashes, if he's trying to find a decentralized exchange, I have no idea. But if he is just trying to find a safe platform and higher APY rate than binance to invest then I think it is not necessary. Maybe Binance is a centralized exchange it is still risky to hold our assets on it, but with BNB, I think the exception.

Quote from: Calm N Patience on June 27, 2022, 01:58:10 PM

Is pancakeswap belong to Binance? I don't know that.

Yes. PancakeSwap is a decentralized exchange and blockchain platform operated by Binance.