Post
Topic
Board Speculation
Re: Bitcoin’s Next Move: Sell, HODL, or Stake? Choose Your Strategy!
by
Oshosondy
on 24/02/2025, 12:17:41 UTC
Do you mean it?
BTC can not be staked to mine other tokens ?
I don't know that but the bitcoin I have, I staked it on prelaunchpool, launchpool and a few other events on BingX where I was given some other tokens. I got Hyperliquid, PGC and ARCA from staking BTC.
You don't know about it. You should probably check it out to utilise the opportunity when it's available there.
I understand what you mean. I have people that are doing it. I mean that stake certain coins to earn coin that are on launchpool to earn higher APR like 250% worth of the coins. And as the staking continues, the APR will gradually be reducing. But that is on a custodial wallet. The real staking is done on a noncustodial wallet. And it is the coin that you stake that you will receive the reward in and not any other coin.