Did you know that you can achieve a steady income from your cryptocurrencies without selling or trading them?
This is called Locked Staking.
What is it?
You "lock" your coins on platforms like Binance for a specific period (for example, 30 or 60 days),
and in return, you receive daily or weekly returns depending on the coin.
Example:
If you stake 100 USDT at an annual rate of 10%,
you will receive 10 USDT over the year, without selling or losing.
Types of staking:
Locked: You cannot withdraw the coins before the end of the term, but the return is higher.
Flexible: Freedom to withdraw at any time, but the return is lower.
Why do professionals use it?
A smart way to generate passive income.
Ideal for those who do not trade much and want to keep their coins.
Today's tip:
Before you stake, make sure to check:
The type of coin.
The staking period.
The return rate.
Withdrawal conditions.
Tomorrow: We reveal the difference between staking and cold wallets! Don’t miss it.