Relax while crypto works for you.
By admin• March 08, 2022
Earn 20% on your ETH & USDT
Relax while crypto works for you
Make up to 20% of passive income with our Crypto Staking
What Is Crypto Staking?
Crypto staking is a process that involves placing funds into a digital crypto wallet and keeping them there to support validating transactions for PoS blockchains. By participating in transaction validation, participants earn extra cryptocurrency.
Staking is a simple and effective way to make money on cryptocurrency without resorting to technical analysis and delving into the intricacies of trading. In short, it is used to receive passive income from holding cryptocurrency.
The main benefits associated with staking crypto include the following:
- Crypto staking doesn’t require any extra equipment, unlike crypto mining.
- You can earn a certain amount of interest on your crypto holdings.
- Staking is substantially less harmful for the environment than mining.
- Staking directly enhances the efficiency and security of PoS blockchains.
Your coins are still in your possession when you stake them.
You're essentially putting those staked coins to work, and you're free to unstake them later if you want to trade them.
Ethereum 2.0 (ETH)
Ethereum 2.0, or Eth2, is the second-most popular cryptocurrency provider in the world behind Bitcoin, and is one of the best staking coins available. If you want to stake this particular crypto, you’ll need to start with at least 32 ETH. Ethereum previously used a PoW consensus algorithm. However, it has recently switched over to PoS, with more than $12 billion in ETH having been staked.
ETH’s price throughout the past two years has seen a positive trajectory, rising from just 229.7 USD in 2020 and 1495.81USD in 2021, to an impressive 3118.78 USD in 2022 (current price at time of writing). Altogether, ETH has seen a 104.5% skyrocket in the past year, and a stellar 1345% increase in adoption across the globe in a two-year period.
If you’re wary of your staked tokens and coins depreciating in value, try staking a stablecoin instead. While deciding which stablecoin is the best staking coin comes down to personal preference, we’re recommending Tether (USDT) thanks to its massive trading volume. This can do wonders for liquidity as the high daily USDT volume lets you effortlessly swap out USDT for more lucrative tokens.
The Bottom Line
Staking your funds in crypto on a PoS blockchain network is a great way to earn passive income and generate high returns. These investments come with very little risk.
We have 3 fixed Staking options:
1 Month earn 1%
6 Months earn 8%
12 Months earn 20%
Min to start: R5000
Example of a 12 month plan:
Suppose that on the 1st of March 2022, you deposited 1 Eth at a price of $2700. The plan will close on the 1st of March 2023, and you will receive your 1 ETH + the interest, amounting to 1.2 ETH in general. The asset price during this time may rise and amount to, say, $5000. Accordingly, in the end, your balance may equal $6000
With USDT price is pegged 1:1 with USD example $10000 will give you $12000
Want to know more or get started?
Please email us on firstname.lastname@example.org and we will gladly assist.
FAQ's here: https://www.safcoin.africa/blog/Safcoin-Ethereum-USDT-Staking