#TradersBootcamp #SmartTradingStrategies
Today I will tell you more about the benefits of staking or earning on the Binance exchange and what strategies you can use to get more profit.
On Binance, you can earn by staking stablecoins at low interest rates of 6-7% in general and cryptocurrencies such as $BNB , xrp and others at much higher interest rates, if you are sure that their prices will not fall much). Therefore, we have flexible accumulations that provide an incredible advantage in staking, namely staking crypto at high interest rates with the ability to earn more or lose if the rate goes down, although you can also earn on the fall. There is also autoinvestment, when you have poured a certain amount of stablecoins or fiat funds for buying cryptocurrencies and staking and clearly established funds.
Staking, which will continue automatically unless you stop it yourself, will continue for a certain time, providing passive income in the future.
There are also launch pools in which you stake your crypto, usually receiving stablecoins of the project's cryptocurrency. $1,000 drops by $30+ in 6 days, which is a good result.
Pay attention to the difference between launchpad and launchpad, how and what are the differences?
At the very end, I want to explain that the long-term storage strategy - hold has an advantage over speculation, because I speculated a lot myself, but now I am changing my strategy by buying $BNB tokens and staking them, receiving good interest and earning on the growth of these tokens, and if I need funds, I can take a loan for the crypto lying in Binance Earn and buy $BNB tokens for Binance launches to get new tokens, so there are many trading strategies, but staking in Binance Earn makes it possible to get a good passive profit by staking your crypto at %.
General information is provided here and for more information, please refer to the Binance page on staking, spot trading or futures! I wish you good trading and good analysis(;