EARN PASSIVE INCOME STAKING CRYPTO On Binance Exchange | PROS & CONS (Safe & Easy?)
Is it safe to stake my cryptocurrencies on a crypto exchange like Binance as a new investor? In this video, I go over a high-level look at the pros and cons for staking crypto on a crypto exchange (like Binance) instead of retaining your own ‘keys’ (your crypto) in a decentralized wallet, like Yoroi for ADA (Cardano).
Note, this is a high level look at how the returns work on Binance and how to calculate them. Perfect if you are wanting some guidance when starting out with staking between exchanges and your own wallets.
To sign up for free binance account and get 10% bonus use the link below👇👇👇
https://www.binance.me/en/activity/referral/offers/claim?ref=CPA_00ICHH95XW
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Financial Disclaimer:
I am not a financial advisor. The ideas presented in this video are personal opinions and for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. Ideas presented in this video are my opinions at the date of filming and may have changed in the future.
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