Post
Topic
Board Altcoin Discussion
Re: What is the most used option for crypto passive income right now?
by
glendall
on 24/08/2024, 14:56:59 UTC

That's right, if I had to choose, I would also choose Binance, especially if we hold the coins that support the launch, it will provide a lot of benefits from the results of the stake that we make, even though it's only 1.9%, it can provide profits.

It is a smart strategy to hold BNB on Binance exchange to receive staking reward as well as you get qualified for new coins airdrop. I also have been staking BNB since long time and received number of airdrop rewards. The same option is also available on Kucoin and Bybit where you received multiple rewards for holding their native coins. Liquid staking platforms such as https://www.ether.fi/ on Ethereum network that provide attractive staking rewards every quarter.

For Kucoin and Bybit, I have never done it because I don't have an account there yet. Is it not too difficult to register for KYC on these two exchanges?