Quote from: smartaction on October 22, 2022, 06:06:18 AM

Quote from: ethereumhunter on October 21, 2022, 12:15:04 PM

Quote from: smartaction on October 21, 2022, 05:40:59 AM

Yes quite some time ago its limit was $2000 USDT and $2000 BUSD and interest was 10% APR but recently binance has reduced it to $1000 and interest is only 8% so if one is intending to stake more, then binance Won't work much for him.

But at least he can feel safe risking his USDT on Binance. Moreover, Binance is one of the big exchanges and already has a reputation among other exchanges. And with that result, he would benefit even if there was a reduction to the limit. If I were him, I would choose Binance to stake my USDT because it is a good passive income to try. But that's just a suggestion and he has to figure out what's good for him.

He will able to stake only 1000 USDT and 1000 BUSD which is much less amount . yes , he can stake safely his USDT on Binance and he can redeem his usdt any time instantly from Binance if he want. and binance will give him profit every day according his amount & Staking percentage . it is really a good feature .

The amount of $1000 USDT and $1000 BUSD for staking is enough for him to earn daily or monthly returns. And luckily, on Binance, he can try different types of staking that can give him more flexible returns or fixed investments. The amount I used for staking wasn't that large, but I'm satisfied with the result. What was important was staking only the amount he could afford.