Trading EGLD is basically considered a good day to day trading choice on how to make profit and a lot of CEXs do offer staking for it and a lot of people do consider a low risk staking option even lesser risk than staking other tokens. My question is why tho? Is the project considered to be that much of a solid base project token to invest in? I don't really know much about it
EGLD’s earned a reputation for being a “safer” staking option, partly because of Elrond’s tech, it’s fast, scalable, and backed by a solid dev team. It’s why a lot of people see it as lower-risk to stake compared to other tokens. And with Bitget now offering 6-8.5% APR on EGLD staking, there’s a nice opportunity to grow your holdings if you’re already confident in EGLD’s long-term potential.