How To Earn Passive Income Through Binance Staking

How To Earn Passive Income Through Binance Staking

By Zemiatin | crypto1 | 31 May 2020


Hey guys. In this article I am going to present you a way in wich you can earn some extra passive income with the help of Binance Staking Program.

 

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Staking is bassically an alternative to mining wich requires much less resources. All it takes is keeping your coins in a wallet in order to receive staking rewards. By holding the coins in a wallet you support the opperations of the blockchain network.

 

Staking is a great way of increasing your crypto portfolio with minimum effort.

At the moment Binance is supporting a wide variety of coins for staking, including Neo, Ontology (ONT), Vechain (VEN), Stellar (XLM) and others. If you are interested, here is the full list bellow with the approximate yearly earnings for each coin:

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The great think about Binance Staking is that there is no lock up period which means that you can withdraw or trade your tokens anytime. All you have to do is create a Binance account, deposit or buy a coin that is available for staking and start earning.



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