Binance Square

felixsub

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Felixsub0
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LESSON OF THE DAY: Staking. It is a process that allows you to lock your assets/cryptos here at #binance to receive rewards. Staking contributes to the security and efficiency of the network and is a way to generate passive income. There are different types of staking, among them are: Locked staking: you lock your cryptocurrencies for a certain period, so they cannot be withdrawn. This type of staking usually offers higher rewards. Flexible staking: Users can withdraw their cryptocurrencies at any time, but the rewards are usually lower. It's simple: transfer your cryptos from "funds" to "spof" then go to section #earn there you will have all the available options both locked and flexible.... #felixsub #Binance #aprendebinance
LESSON OF THE DAY: Staking.

It is a process that allows you to lock your assets/cryptos here at #binance to receive rewards.

Staking contributes to the security and efficiency of the network and is a way to generate passive income.

There are different types of staking, among them are:

Locked staking:
you lock your cryptocurrencies for a certain period, so they cannot be withdrawn. This type of staking usually offers higher rewards.

Flexible staking:
Users can withdraw their cryptocurrencies at any time, but the rewards are usually lower.

It's simple:
transfer your cryptos from "funds" to "spof"
then go to section #earn

there you will have all the available options both locked and flexible....

#felixsub
#Binance
#aprendebinance
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