Know The Difference : Flexible/Fixed
One of the best earning way in #binance is to stake your crypto coins which is also the easiest way to earn income.
This strategy is specially for all those who have huge amount of money in exchange and already invested in different coins.
They can no doubt earn a good money on daily basis. Specially those investors who have invested in blue chips coins whose coins are listed in dual investment product.
There are two types of staking: Fixed and Flexible.
Both of them are best way to earn passive income. But there is some difference between these two and that is many people dont know about it.
In fixed staking, you amount will be locked for the agreed period of time and also the APR you will earn will be greater then flexible one.
In flexible saving, your amount is not locked and you can withdraw instantly. The APR which is offered in flexible offers lower APR as compared to fixed.
There are also high risk and low risk staking rewards which can be further classified to Dual investment and simple Earn.
In Dual investment you can earn more than 100% APR where as in simple earn you can earn more than 8% APR.
This is the difference between all of these and hope you have understand about this difference.
I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
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