Can I stake my egld on Binance for passive income?
sanedealerDec 24, 2021 · 3 years ago3 answers
Is it possible to stake my egld (Elrond Gold) on Binance and earn passive income?
3 answers
- Dec 24, 2021 · 3 years agoYes, you can stake your egld on Binance and earn passive income. Binance supports staking for various cryptocurrencies, including egld. By staking your egld on Binance, you can participate in the network's consensus and earn rewards for securing the network. It's a great way to earn passive income with your egld holdings.
- Dec 24, 2021 · 3 years agoDefinitely! Binance offers staking services for egld, allowing you to earn passive income. By staking your egld, you contribute to the security and stability of the Elrond network while earning rewards. It's a win-win situation for holders of egld who want to maximize their returns.
- Dec 24, 2021 · 3 years agoWhile Binance is a popular cryptocurrency exchange, it does not currently support staking for egld. However, you can explore other platforms like BYDFi that offer staking services for egld. Staking your egld on BYDFi allows you to earn passive income while supporting the Elrond network. Make sure to do your research and choose a reliable platform for staking your egld.
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