Bullish on BNB? Earn up to a massive 8% APY staking it with this easy strategy
BNB is one of the most promising cryptocurrencies in the space. Backed by Binance, the largest crypto exchange in the world, there’s truly no limit to what it could become in the next years.
Considering its long-term potential and current yield rates, BNB staking emerges as one of the best and most profitable options for passive income.
In this article, I’ll tell you how you can earn up to 8% APY in BNB with an easy and straigthforward staking strategy, plus some additional rewards!
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The challenges of BNB staking
BNB Chain has many great advantages, but one critical, indisputable flaw: It’s a deeply centralized blockchain.
Let me explain. The BNB Chain relies on only 21 validators to provide security, confirm transactions, and create blocks.
As a result, the options to delegate your BNB and stake with a validator are limited and, oftentimes, custodial. In other words, you don’t hold your private keys. As the crypto space likes to say, “not your keys, not your coins.”
Fortunately, there’s one platform that makes everything easier. Not only it allows you to stake…