Many people keep crypto in their balance and don’t even check how much they could be earning from it. 👀
Today I put GRAM into staking through Binance Wallet at 12% APY.
What caught my attention: flexible products on the exchange itself may offer much lower returns, while higher rates often require you to lock up your funds for a set period.
But the most interesting thing is that it’s worth looking not only at the options for GRAM, but also at the opportunities for USDT. Sometimes the difference in terms really is worth paying attention to.
That said, I wouldn’t move money just for an attractive APY. First, you need to understand the protocol, check the validator and withdrawal terms, and see exactly how the yield is generated.
A question for those who use Binance Wallet: do you compare the available protocols, or do you prefer to keep everything on the exchange?
#GRAM #USDT #BinanceWallet
Today I put GRAM into staking through Binance Wallet at 12% APY.
What caught my attention: flexible products on the exchange itself may offer much lower returns, while higher rates often require you to lock up your funds for a set period.
But the most interesting thing is that it’s worth looking not only at the options for GRAM, but also at the opportunities for USDT. Sometimes the difference in terms really is worth paying attention to.
That said, I wouldn’t move money just for an attractive APY. First, you need to understand the protocol, check the validator and withdrawal terms, and see exactly how the yield is generated.
A question for those who use Binance Wallet: do you compare the available protocols, or do you prefer to keep everything on the exchange?
#GRAM #USDT #BinanceWallet