Post
Topic
Board Altcoin Discussion
Re: Would You Advise People To Stake?
by
kingvirtus09
on 27/07/2023, 16:13:53 UTC
I'm a beginner so I put it in the Beginners & Help section.

Coinbase offers "Cosmos" with a yearly annual return of 17.66%.
I did some research on Cosmos and its future looks bright.
On my research, it says to only Stake on huge platforms, such as Coinbase.
I realize the drawback is you freeze your funds for a certain amount of time.
The other drawback is because of Crypto's ups and downs, you might lose money if it goes down. But that's true of any crypto, including BTC.

As far as I can tell, the annual return stays at 17.66% for the duration.
Is there any drawback I'm missing?
Why don't people just buy Cryptos that they can stake?

if I have a platform to use to make stakes or Farming it is only Binance and Biswap, because I tried to stake Bitcoin using Binance for 90 days and based on my experienced it was good and I never encounter any such problems.
And in dex, biswap was one I trusted this platform never fails me it always satisfies me every time I made a staking here. it may not be good to others but for me it was good in my experience as well.