Stake/ Lend your BCH and Earn from it.

By RuffaRuf | Crytocurrency World | 24 Dec 2020


Hello Everyone, my topic today is a bit different from my previous one. I am learning something new and I want to share it here. Tho, I am sure anyone here knows it already, I maybe the only one who doesn't know about it. But that's before because right now, I am trying something new. I don't want to rely much on a blogging site, If I want to earn passive I should try anything that is available here right. 

 

The first crypto that I learn was about Bitcoin, it was 2018 I think. In Philippines, we have a crypto wallet called COINS.PH, and that's where I first learn it. Tho I didn't pay attention into it much coz all I can think was I CAN EARN FROM IT. I can earn from it from just typing a CAPTCHA, so that's where I started. I won't mention the site where I first earn Bitcoin because t doesn't exist anymore.

 

Then, just this year I think it was August, someone share this site in facebook and I got curious because I saw a lot of $ in her wallet. And then I register from it, and then I started my journey in read.cash. This is where I started earning BCH, a lot of BCH unlike my earnings to those faucets and mining site that exist today I can say that in read.cash I earn passive.

 

And so, I am 4 months now on read.cash and just recently I got interested in HOLDING and STAKING my BCH in this apps. I put all of my earning in bitcoin.com wallet and there I hold all of my BCH. And then aside from holding, I am also staking my BCH in Nexo. But the amount that I'm staking right now is not that much coz it was just a testing. But I will add more into it little by little.


I learn this Staking/Lending to Ms. Eybyoung, I feel inspired for what she is doing and I want to really learn it and do it, and so I really did. Her article Staking/Lending (Review) on NEXO that was published in read.cash is the one I read that's why I get the Idea about it. You know, when you know nothing in cryptocurrency, and you read an article about it for like a hundred times but you don't know the Crytocurrency Terminologies, you will just get a headache from it, so it's really better if you will read it first, Terminologies and phrases used in Cryptocurrency this is also Ms. Eybyoung article and I am just sharing it to all of you so that you will learn from it too.

 

When I read her article about that Staking/Lending. I feel the need to do it too. If I want to earn and learn I should start now. Her article was posted 1 month ago but I tried it just last November 30. I only try a small amount because I will fill it little by little coz I don't have a big capital to do it in one take.

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And because I have a big trust in Bitcoin Cash, I used it to stake my money and because the fees of BCH is just so little I can save more from it without thinking of the transaction fees na masakit sa bulsa, y'know. I tried it in Nexo App, I am using their website in monitoring it and so far so good. And because the amount is just small, I only earn just a little too. But I will add more into it that's for sure

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If I have big capital, I'm sure I will try other crypto and stablecoin too. But because my money is limited and almost all of my saving was in BCH, I am holding it and when the price of BCH pumps, it's part party lol. But right now BCH is dumping but it's okay, coz I trust BCH more than my boyfriend, opppssss I don't even have a boyfriend lol.

 

I am using NEXO in staking my money coz when I first top up BCH there the Interest of their cytpos was 6% but now it is down in %5, while the stablecoin was 8%. But it's still okay I can still earn, instead of locking my money in my COINSPH wallet, I will just Hodl and Stake it so that I can gain profit.

 


If you want to try Staking, You can try in Nexo or in Binance, just Top up any amount and earn profit from it.

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RuffaRuf
RuffaRuf

I am not a Robot.


Crytocurrency World
Crytocurrency World

This is all about Cryptocurrency, I want to try something new and explore the Crypto World, tho not an Expert coz I am just starting.

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