Quote from: Huppercase on December 14, 2024, 05:06:11 PM

Quote from: Icey_stones on December 13, 2024, 11:12:29 AM

If you’ve been exploring ways to grow your crypto portfolio, i just found a savings plan with competitive APRs that is worth considering. It's offering a 25% APR on USDT for a short-term commitment and has been generating buzz.

What’s appealing about it? First, it’s just a 7-day lock-in, so your funds aren’t tied up for too long. Secondly, the structure allows for continued returns even after maturity, making it practical for those who want steady growth.

Have you tried similar savings programs before? How do you balance the high yields with maintaining liquidity in your portfolio? Let’s discuss!

Seems you don't understand the marketing strategy of high APR with stablecoins. I hope you know that 25% APR will be multiply by 7/365multiply by your capital that you staked. If you stake $100, that's like 25%[25/100]x$100x7/365= $0.47945205479452. Now ask yourself, do you think stakimg your $100 usdt is worth having $0.4795 for a week? Don't you know that with this bull run, a properly manage $100traxe can give you atleast $5.

Other things you need to know is that high APY or APR are usually fraudulent activities, they are going to be using your funds for liquidity and then pay you guys a penny, it's better you don't even start because you will get scam before you even know. If you don't know what to do with your funds, keep them on your personal wallet and let's it stay there, it's better to that way.

Trading comes with risks but staking comes without risks, that's what you should know, anyways the staking offer on Bitget could benefit those with huge portfolio more than retail traders. But the offer is decent imo and it's on a 7day circle yes??