Post
Topic
Board Trading Discussion
Re: is there any safe ways out there to get 10-15 % ANY return rate ?
by
Fivestar4everMVP
on 14/10/2023, 08:44:13 UTC
is there any safe ways out there to get 10-15 % ANY return rate ?

as far as banks i noticed maximum 5 %

crypto exchanges upto 15 %   - but are they safe to put money there ? like nexo , kucoin ?
I will strongly advice against saving your money or crypto on centralized exchanges as this is very risky, if you are not new to crypto, you should know Bkex exchange, it used to be one of the most popular exchanges around, if you check this exchange, they are no longer processing withdrawals, this is if they are still online though.

I deposited and stake $440 dollars' worth of an altcoin that newly got listed on the exchanges as they were offering about 50% APY on every stake, I thought this to be a very good opportunity to earn some more of the tokens for free, I never knew it was my doom. 15 days after making the deposit and staking, the exchange stopped processing withdrawals, it's been over seven or eight months now, nothing from the team whether we will ever get our money back or not.

So, for me, i think the only safe way to stake in cryptocurrency is by decentralized staking, there are still some decentralized staking that offer up to 10% APY, you can check Renec blockchain for example, you can stake Renec coin on renec blockchain for up to 10% APY, just same as it is with SOL on Solana blockchain.