What is Bitcoin staking? We don't want lazy assets in this economy, so put your $BTC to work.
There are 3 ways to stake bitcoin: 1. Centralized Exchanges like Binance offer Bitcoin staking for 0.26% APY and it's the simplest way to do so, although it is non-custodial 2. Bridge to Ethereum for Wrapped Bticoin, and stake it on aave or compound for 0.28% APY. 3. Use @Babylon Labs which stakes directly on Bitcoin. It already has 5b staked. You can earn 0.43% APY
Do you stake your bitcoin or do you prefer to hold? Let me know in the comments!
