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BNB Vault profitability aggregator guide - passive earnings on crypto - New day crypto

Started by Bitcoin, Sep 17, 2022, 04:45 pm

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BNB Vault profitability aggregator guide - passive earnings on crypto - New day crypto

BNB Vault profitability aggregator guide - passive earnings on crypto.
The first cryptocurrency exchanges gave customers the ability to exchange digital coins at the current rate. No they had no other functions, and could not have been.Another thing is modern crypto platforms with an interface similar to the control panel of a starship, an extensive set of trading tools and a whole package of additional services.
First of all, it should be noted the tradingthe Binance platform. This is no longer just an exchange for selling cryptocurrency, but a whole ecosystem on the blockchain, which allows you to make money not only from trading digital money,  бинанце има догецоин but also from its storage.
Newly launched yield aggregator BNB Vault allows you to combine the advantages of defi-pools withhigh level of profitability of centralized lending services. In this review, we will tell you how to work in this section of Binance,  binance-tosite and about the BNB digital coin, without which the launch of this service would be almost impossible.
Binance platform official website https://binance.com/
What is BNB and how do I start staking it?
BNB is the internal token of the Binance platform.It was created in 2017 according to the ERC-20 standard and  ελάχιστη κατάθεση was based on the Ethereum blockchain in 2019 and was moved to Binance Chain. A year later, an additional BSC network was launched to deploy smart contracts and Binance coin served as a digital fuel for it as well. It can also be used to trade, save on trading fees, and generate passive income on Binance Earn.
The Binance exchange offers customers several schemes for  ir binance jersey legit making money on cryptocurrency at once:
floating rate deposits,  بائننس ایک پے پال fixed rate deposits,  binance din konto kan være i fare DeFi staking, double investment,  binanyň formasy Liquid Swap.
The skeptic will immediately ask the question: " Where does the BNB Vault reward come from? »Basically every Binance Earn usersponsors crypto traders who trade on margin, receiving certain dividends for this. But working on a spot market is a very risky business, which is not suitable for everyone.
Staking allows you to increase your virtualassets without doing anything at all. Keeping BNB in ​​your personal wallet in the hope of further appreciation is a promising activity, but you won't lose anything by placing your coins on the BNB Vault.
You may ask why you need to use BNB forpassive earnings in this section, if Binance Earn has other financial products. Yes, because the BNB Vault allows you to receive income for opening a deposit with a floating rate, participating in BNB DeFi staking and farming the same token on Launchpool. When will BNB Vault start charging rewards? This service calculates interest on a daily basis . No other section of Binance Earn will offer you this.
It's very easy to start staking on BNB Valut.Register on the exchange, fill up the deposit with any crypto coin and exchange it for the exchange's internal token. You can buy BNB for another cryptocurrency directly in the BNB Valut section link: https://www.binance.com/ru/bnbmining.
Click " Buy BNB for staking ", Select the required cryptocurrency and, produceexchange. The exchange provides services for buying cryptocurrency for fiat using a credit card or through the Payeer and Advcash payment networks. And also on the decentralized platform Binance Dex or directly from a fiat deposit. Thus, you can exchange rubles for BNB. But, this service is available for verified users.
After the tokens arrive on the spot deposit balance, click " Start staking ".An application window will appear on the display, in which you will need to specify the amount of transfer to BNB Valut (it must be greater than 0.001), accept the terms of the user agreement and press the button " Confirm ".
Done, staking started. You can set up automatic replenishment of the deposit in this section. Every day at 2:00 am, the entire balance of the Spot Wallet will be transferred to the BNB Valut.
You can withdraw money whenever you want.Click the "Cancel staking" button and select "Quick withdrawal" from the pop-up menu if you want the funds to be returned right now or "Standard withdrawal" with the return of assets the next day.
The maximum threshold is set for the first itemWithdrawal of funds: you cannot withdraw more than 100,000,000 BNB, which as of 05/27/2021 is equivalent to $ 35,671,000,000. A very funny figure. Probably, the Binance developers decided to joke. But, in any case, the maximum withdrawal amount is quite acceptable for the vast majority of clients.
Binance Coin Ecosystem (BNB)
If you think that BNB is a purely intra-exchange token, which is only suitable for speculative trading, paying commissions and staking, then you are wrong.
Binance Coin cryptocurrency can easily replace your regular money. It is supported by payment services Pundi x , Crypto.com and Monetha . With the help of the BNB token, you can book a hotel room directly on the exchange website or on the websites TravelbyBit and Trip.io , as well as place bets in lotteries, hire freelancers and buy shares on the platform NAGA . And this is not a complete list of available options for using BNB in ​​the real sector of the economy.
To protect against inflation, Binance buysand burns part of the funds every quarter. During the latter, the 15th token burn destroyed 1,099,888 BNB (approximately $ 424,555,768).
Registration on the Binance platform.
It takes no more than 5 minutes to create an account on Binance.
Go to the exchange website https://binance.com. Enter your email and password (at least 8 characters) and click " Create an account ". Confirm your email with a digital code that will be sent to the address you provided.
Done, your account has been created. You can learn more about the registration process, security settings and identity verification on the Binance exchange in the thematic overview on our website.
Buying BNB for staking.
As already mentioned, you can exchange Binance tokens for another cryptocurrency directly from the BNB Valut interface, there is also a list of official project partners that support the exchange of this cryptocurrency.
You can also buy BNB with fiat, or exchange it on the spot market or on a P2P site. Binance coin is listed on 15 marketplaces, including Poloniex, HitBTC, and Gate.io.
Investing and investing coins.
By investing regular money in cryptocurrency, youmust clearly understand all the risks associated with this method of capital investment. Digital coins are volatile and the market is very sensitive not only to events taking place in the world, but also to the statements of famous people. For example, the same Elon Musk I was able to raise the Dogecoin rate with a couple of tweets, and lower the cost of the first cryptocurrency BTC. But, you are unlikely to find another such profitable and promising investment platform.
A year ago, the BNB coin cost about $ 16, andtoday is $ 348, and this is taking into account the short-term downturn in the market, this year the BNB rate has already exceeded $ 600. By listing assets on BNB Valut, you will also receive interest.
Projected yield.
The current amount of payments for a deposit with a floating rate 0.67% in 7 days . The size of the Launchpool and De-fi staking rewards has not yet been calculated.
The High Yield section shows an estimated BNB def-staking profit of 8.49% per annum. The reward in the liquidity pool depends on the chosen pair. The approximate amount of income may be 5% -9% per annum .
Pros and cons.
The BNB Valut service has many positive aspects.
Profit comes from three sources simultaneously. Low threshold for entry. The ability to end staking at any time. Daily interest accrual.

Source: BNB Vault profitability aggregator guide - passive earnings on crypto - New day crypto

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