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If you are HODLing altcoins long-term and not using Binance Earn, you are losing out.

If you are HODLing altcoins long-term and not using Binance Earn, you are losing out.

Binance

Cryptocoins Exchanges / Binance 18 Views

If you have Binance already, then you are losing out on massive rewards/interest for long-term HODLing, they make it really easy!

I was definitely overlooking this feature and now that it's working for me I want to show people how to do it easily. No jargon or bullshit.

First of all, if you don't know what it means - Staking is just locking away your crypto for a set period so it earns rewards or interest over 30, 60 or 90 days. For example if i'm planning to hold my CAKE for 3 months or so, I might as well Stake it.

So to do it, log into your Binance account, and at the top go to Binance Earn under 'Finance'.

Search your coin and select the period you want to lock it away for. Right now CAKE will earn you +28.92% more if you leave it for 90 days. (on top of your gains!)

For long-term HODLers this is really a no-brainer, especially if you trust in the coin and are willing to stick with it.

Hope this helps you and let me know if you got Q's.

submitted by /u/DesignerPilky
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