How to Stake Coins on Binance (Step by Step)

Hey everybody welcome into this new video, in today's tutorial let's take a look of how we can stake here into Binance

So first of all guys what you guys need to do is to have your Binance already open here

And once you have your Binance already open I'm going to change this real quick from Euros into Dollars here

And then what I want to do is to go into the Earn section which is right in here

And what you guys want to do is to look for the Staking tab which is right in here

Easy Stake, Higher Returns. Once you are in here guys you are going to see that I have just a few maybe like a dollar or two just for staking a few tokens here

So as you can see there are locked stakes here. And which this one consists like if you want to stake tokens here the first thing you want to do is to let's say that you have this token here

You select the option that says Stake. And then you have to select the amount of days that your token is going to be locked for

So that means guys if you want to let's say you want to lock the amount of 1 ACH you are going to receive a 102% of what you have in here

That's the interest estimate for just by locking your staking for 50 days

Of course if you increase here the duration of the days is most likely guys you are going to receive a little bit more for the stakers here

So last thing you want to do is to go into I have read and agreed to the Binance Staking Services Equipment and just confirm

This one is not going to allow me because I don't have enough asset in my balance here

But if you have let's say enough balance of Bitcoin then you can look for the token of Bitcoin here or you want to look for the estimate APJ

So that means this one is going to be getting you back the percentage of what you are going to be staking

So here is the AXS maybe you can select 90 days, 30 days, 60 days, 90 days

You can stake this now if you want to. You have to agree to read and the Binance Staking Services Equipment here

And once you have done with that you can select the duration here

So after your staking guys if you go into the earned part once again to the staking here

If I go into the DeFi staking there is something a little bit different

You might be understanding here there might be a little risk if you want to make DeFi staking here

There is always there's always risks here into the stakes and the crypto world

So that depends on you guys. I'm going to go into my history so you can see the transaction I've made

So what I did just to try this real quick is I stake my VNV token

And this is the total amount that I staked here and for 120 days

So the staking type is a little bit normal guys. So after 120 days they're going to be paying me back with Bitcoin

So I can receive those into my account. If I go backwards is earned history

If I go back into my savings here you're going to see that the token the amount of token I've been generating here so far

It's been automatically stakes here. So if I go into my fiat in spot you can see here I'm going to go into my earned here

This is the estimate value that I have received so far. I just had just a few bucks just for letting my VNV already there

Here's my assets here of my Binance USD. So this is the total amount that I give and the redeeming here

So this is the interest I'm going to be receiving guys. So that's the reason why guys it's really great to stake into Binance

Of course every situation every action that you want to do inside the cryptocurrency world is a high risk

So so let me know you have any question. Don't forget to like and subscribe to the channel guys

If you want to see more about Binance. Thank you for watching the video and I'll see you guys next time

Transcribed by https://otter.ai