Post
Topic
Board Altcoin Discussion
Re: Is it worth staking stablecoins?
by
mdzahed134
on 20/02/2023, 20:15:05 UTC
I like that idea but most defi services can give you less than 4% APY. Even 20k will give only 600-800 usdt per YEAR. So small rates... Cefi have 8%+ but after celsius it too risky for me
You may be interested in the opportunity to stake a stablecoin and at the same time get 4.5 percent per month and withdrawal to any cards in the world.  As for me, an interesting opportunity offers bittix.  But I'm still trying to check if everything is working fine.
a tempting offer, but what about the security of the funds that the user will stake?  I think a lot of people want to see this information.
No one can make ensure about your money security in stake or other any investments. Risk is involved in everywhere. As like i have an experienced in Binance where i was staked my stable coins to make passive income, this is reputed exchange so i believe it.