facebookWhat are your staking options for major coins and alternate coins? - Seedly

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Nicholas Ong

10 Apr 2021

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What are your staking options for major coins and alternate coins?

Binance has great options out there, May i know why one should one choose crypto.com / Gemini vs Binance - who is the world largest cryptocurrency exchange?

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Generally for coins that I am long term bullish on, I like to stake them on the official wallets to secure the blockchain. For example, I am long Cardano, and I stake my ADA in a stake pool using the official Daedalus wallet, earning 6% APY.

For the major coins such as BTC or ETH, I find that staking it with Celsius yields the best rewards and it comes with a functionality that is underlooked; free withdrawals. Celsius pays 5.35% APY on Ether and also allows for unlimited free withdrawals above $10USD.

If you are talking about world largest cryptocurrency exchange it would still be binance itself. Gemini is more of a small scale as for now but perhaps in the future it might grow exponentially. As for crypto.com, I feel it is more of a CeFi/Exchanges. Personally, if I want too stake my coins, I will use Hodlnaut instead since they are providing up to 12.7% APY for USDC & USDT. Also, they have this function where u can earn interest based on your preferred coins which is a game-changer for me bc I can earn interest on the coins I like!

For every 1000 USD deposit, you will receive 20 USD!

Here is the referral link: https://www.hodlnaut.com/join/N1vEKqu9y

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