MultiversX Tracker is Live!

Newbie staking and yield farming

Binance

Cryptocoins Exchanges / Binance 321 Views

Just got into crypto a little over a month ago, and I have a bit of ETH and BTC that I probably won't be selling for a while given the crash. I've heard and read about staking and yield farming, although I still don't quite understand 'em as much as I want to. I think staking is more for the long term and has less flexibility, while yield farming can get you a nice sum although a lot of fees are involved on the ETH platforms. Have I got those correct? If yes, is yield farming even worth it for someone who has less than 1 ETH?

submitted by /u/Heisenperv
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments