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Deleted member 1319755
Guest
You may want to try this if you have some spare cash. Interest rates are pretty cool. NFA. DYOR!
callmecrist
Junior Member
- Jun 30, 2021
- 130
- 140
Risks of staking crypto
There are a few risks of staking crypto to know about:- Crypto prices are volatile and can drop quickly. If your staked assets suffer a large price drop, that could outweigh any interest you earn on them.
- Staking can require that you lock up your coins for a minimum amount of time. During that period, you're unable to do anything with your staked assets, such as selling them.
- When you want to unstake your crypto, there may be an unstaking period of seven days or longer.
Although crypto that you stake is still yours, you need to unstake it before you can trade it again. It's important to find out if there's a minimum lockup period and how long the unstaking process takes so you don't get any unwelcome surprises.
~Source: Motley Fool
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Deleted member 1319755
Guest
When I posted this, AXS was $118. Now it's $135
- Nov 4, 2018
- 5,023
- 2,509
if you want stake axs go here, https://stake.axieinfinity.com/
staking axs in binance is just big lol. if you stake at the real place from axie infinity. you can restake the earning everyday, and do wiithdrawal any time. APY 133%, but with restaking it reach 300%++/year
- Nov 22, 2019
- 6,715
- 1,591
That coin is very good investment for 3-6 months. But do not invest for long term in it.When I posted this, AXS was $118. Now it's $135
