EARN PASSIVE INCOME STAKING CRYPTO On Binance Exchange | PROS & CONS (Safe & Easy?)

Is it safe to stake my cryptocurrencies on a crypto exchange like Binance as a new investor? In this video, I go over a high-level look at the pros and cons for staking crypto on a crypto exchange (like Binance) instead of retaining your own ‘keys’ (your crypto) in a decentralized wallet, like Yoroi for ADA (Cardano).

Note, this is a high level look at how the returns work on Binance and how to calculate them. Perfect if you are wanting some guidance when starting out with staking between exchanges and your own wallets.

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