Binance Coin: BNB REALLY Worth It?? 🤔

85.693 visualizações15 de abr. de 2

Transcrição how to stake your

Transcrição there’s.

    No doubt a plethora of crypto currency exchanges out there a veritable bazaar of places to trade your fav old coins however anyone who has been crypto more than 20 seconds will.

    Note that by Nance reigns supreme.

    Not only do they lead the charts when it comes to trading volume but they are constantly coming up with innovative ways to boost the utility of their own crypto B & B coin my.

    Name is guy and in this video .

    I’ll be going through what BnB coin is .

    I’ll explore its utility and use cases explain how this impacts price and also take a look at the tech oh and be sure to stick around to the very end where .

    I’ll be giving you my personal take on B & B and where .

    I see it going before .

    I get going there are a few quick things .

    I must say .

    I am.

    No financial adviser so be sure to speak to yours before diving into crypto also .

    I can’t be doing your research for you only you can do that oh yes and a big shout-out to anyone.

    New to the channel .

    I spend all day and all.

    Night in the coin Bureau lab to bring you these videos like this regularly so if you want to get them while they’re hot hit up that subscribe button and ping that bell.

    Now at that out of the way let’s jump into BnB coin BnB is the crypto currency of the by Nance exchange it was initially issued as an .

    ELC 20 token all the way back in the summer of 2017 during the buy Nance .

    IC.

    O however since then the coin has been transferred to its own blockchain the buy Nance chain the thing to know about BMB is that it’s primarily used as a utility token within the buy Nance ecosystem.

    Now as many of you will know many crypto projects have issued utility tokens for fundraising purposes however few have provided any real utility utility tokens basically adhere to three core principles firstly there is a finite supply of that token secondly there should be a clear and specific function for that token and finally that token function.

    Needs to drive meaningful value to its stakeholders .

    I’m going to level with you so many crypto projects claim to have utility tokens and these merely have a cap supply and.

    No real function to them at all however BnB absolutely crushes it when it comes to utility and acting as a fuel for the buy Nance ecosystem so how can you use BnB coin well a ton of people trade on the by.

    Nancy exchange so much so that the exchange is generating the most volume amongst all all that trade volume means that traders are paying fees yes finance charge is only a small fee with the highest fee level being 0.1% however the enormous amount of trade volume on the exchange does mean that this adds up in the last 30 days over one hundred and fifty five billion dollars was traded on by Nance yes that’s a billion with free Commerce chaps the result of this crazy trade volume was that by Nance became the first ever crypto exchange to reach over 1 billion in cumulative profit by Nance basically offers a discount on trading fees if you pay them with BnB this is a clean and simple use case it’s a straightforward economic incentive and all you.

    Need to do is buy B & B coin and get an immediate benefit if you stack all the possible BnB discounts by holding more than 11,000 BnB and paying your exchange fees in the coin then you can reduce the exchange feet by around 75% onto the.

    Next use case .

    I’m sure many of you have heard about initial exchange offerings or ayios for those that have.

    Not the only difference between an ie .

    O and an .

    IC.

    O is that the capital raise for a project is exclusive to an exchanges ecosystem finance basically kick-started that whole craze with its launch pad the launch pad meant that by Nance could fund vet projects and then bring them into their exchange and expose them to by Nancy’s audience in essence by Nance would say we have this project and if you are a bi Nance user you can.

    Now invest in it the kicker to this was that the only capital investors could contribute to these fundraisers was by Nance coin it was kind of similar to how a load of people bought aetherium to buy into .

    IC .

    O’s in 2017 and 2018 the thing with financial launch pads ieo is that they were almost always over subscribed by a massive amount and a load of people bought BnB in advance with the hope of getting involved this shows that the launch pad was a pretty genius idea in order to create demand and utility for BnB to give you an idea of the feeding frenzy finance unleashed there are videos of rooms filled with people smashing the button trying to get in on these ayios.

    Needless to say a load of Finance users missed out on their token allocation and were pretty unhappy that led to finance implementing a lottery system to participate in Launchpad ayios in short users.

    Need to hold between 100 and 500 BMB in their buy Nance account over the entire 20-day period leading up to the lottery to get a ticket those that helped between 100 and 200 BnB got one lottery ticket and people who had between 200 and 300 BMB got two tickets and so on until a maximum of five lottery tickets win the buy announced lottery and you got a token allocation in the launch pad uh-oh.

    Now while we’re on the .

    I.

    E o utility point it’s also worth.

    Noting that a.

    Number of other exchanges tried to replicate this model with their own exchange tokens although.

    Not many have been able to replicate their success living on though remember that .

    I told you earlier that by Nance makes a lot of profit well by Nance originally committed to spending twenty percent of their profits every quarter to buy back BnB coins and essentially delete them from existence or burn them these vnb coin burns will happen until they’ve bought back 50% of all by Nantz coins and only 100 million BnB remains in circulation in January of this year by Nance completed its second biggest coin burn in .

    .

    USD terms and its third in terms of BnB this basically removed another one point 11 percent of the circulating BMB supplied from existence these coin burns reduced the overall BnB supply on the market you can basically view them in the same light as share buybacks reduction in the outstanding equity of a company.

    Now while we’re on this .

    I did find an interesting tidbit in relation to this finance change the original coin burn wording in their white paper in 2019 and replaced any mention of profits with trading volume one of the reasons for this could have been to distance BnB from securities talk who knows but what do you guys think let me know in the comments below however that should.

    Not detract from the fact that by Nance is still burning a heck of a lot of BnB every three months for those that like making money online by Nance offers a referral program with an initial commission rate of 20% however by Nansen’s holding 500 BnB or more unlock a special affiliate commission rate of 40% another interesting utility for BnB is by Nantz community votes in a.

    Nutshell finance community members vote on the project they most want to be listed on the exchange the project with the most votes is then listed however it’s.

    Not a simple matter of one vote for each by Nantz user .

    Oh No instead users get votes based on the amount of BnB coins they hold if you have 500 BnB then you will be eligible for ten votes that is still.

    Not the full extent of BN B’s utility though the token also has its own trading pair on the buy Nantz exchange this means the coin can be used to buy and sell crypto to any of you that have used a crypto exchange before we’ll probably know the annoyance of having tiny fractions of a coin left in your exchange wallets after a trade this is commonly referred to as dust and by Nance has created the function to easily convert all that dust into BMD.

    Now .

    I’m.

    Not going to pick this up too much seeing that almost every crypto claims to be a store and transfer value however you can use BnB to pay for things at the places right here finally by Nance have also thrown their hat into the crypto lending ring and yep you can use your BnB coins to earn some interest.

    Now forgive me if .

    I’ve missed out on some of the other use cases of BMB coin however it should be pretty clear.

    Now that BnB coin has a bunch of utility within and outside of the finance ecosystem finance has its own blockchain call you guessed it by Nancy Jane the main purpose of this.

    New blockchain is to act as a means for issuing and exchanging digital assets in a decentralized way it uses something called the tender mint BFT consensus mechanism and even has a dedicated application layer that runs on top of it by Nan’s chain actually has three types of.

    Notes the first is something called a validator.

    Node which is responsible for maintaining the by Nance chain and Dex data and validating all those transactions the fees are collected and then distributed amongst the validators in short you can view validators as a type of miner it should be.

    Noted though that the buy Nance chain.

    Network did get some flack for only having eleven validator.

    Nodes all of which have been pre-selected by by Nance this led to claims that by Nance chain was.

    Not truly decentralized witness.

    Nodes make the majority of the.

    Nodes on by Nance chain what’s important to.

    Note is that they do.

    Not take part in the consensus process or produced blocks instead they take care of the witness consensus process receive transactions and broadcast them to other.

    Nodes finally we have something called accelerated.

    Nodes these basically provide a more secure and a quicker way to access finance chain unfortunately for those D.

    AP developers out there you will be disappointed to.

    Note that by Nance chain does.

    Not support smart contracts so you’ll have to stick to the lights of aetherium if you want to build your own decentralized apps okay .

    I know what you’re thinking what does all this stuff .

    I’ve talked about mean for finances BnB coin well the law of demand and supply dictates that low demand and high supply leads to an increase in price what by Nance’s quarterly B&B coin burns do is create a consistent reduction in the coins supply yes this will.

    Not happen forever however there are still around 55 million BnB coins to be burned to hit that 100 million circulating supply figure and by Nance is.

    Not only pushing down the supply of B&B coin but it is also increasing the demand for it regular traders like you and .

    I have that simple economic incentive of buying BnB coin to benefit from reduced trading and withdrawal fees crypto projects that want to be listed on Bonin’s are also incentivized to buy it through listing fee discounts yes .

    I know that the craze for ayios has subsided somewhat but projects like Wazir –ax have raised a few million dollars in funding just a few months ago that means that any launch planned fundraisers will.

    Naturally increase the demand for BMB also there are a ton of reasons for every buy Nance user to try and have 500 B&B in their account one to get the maximum.

    Number of launch pad lottery tickets you.

    Need 500 BnB want to be an affiliate and double your commission percentage you.

    Need 500 BMB want to have the maximum.

    Number of votes in the buy Nance community vote you guessed it 500 BM B is the.

    Number basically 500 B&B is a magic.

    Number and holding that much of the coin unlocks a ton of stuff for users you can also use it for trading discounts on the exchange and to unlock V.

    IP level 3 to further reduce those fees all of this jacks up the underlying demand for BnB on top of that you have demand for BMB trading pairs as well as having hundreds of thousands of people converting their dust to BnB honestly in my opinion BnB has one of the strongest sets of token ah mcc’s out there in the crypto space right.

    Now another thing to mention is that by Nantz has already established itself as the.

    Number one crypto exchange by trading volume that means it has the best liquidity out there for many of the coins listed and liquidity baguettes liquidity .

    I simply can’t foresee a random exchange popping up and stealing by.

    Now is crown anytime soon.

    Now although we are still in an altcoin bear market it is pretty incredible to see that BnB coin is still hovering around the price set in the crazy old coin pump of January 2018 indeed by Nantz coin is one of just a handful of Kryptos that managed to set all-time highs during crypto winter this leads me to conclude that it’s mainly down to the broad token economics of the coin finance is also continually introducing.

    New use cases which in turn drive BnB demand.

    Now .

    I know that by Nantz has a big team stuffed with talented people however .

    I want to tell you a little story about by Nance founder Chen Peng Zhou as what he has achieved is pretty remarkable Susie’s entrepreneurial journey has its roots all the way back in his childhood as a teenager he moved with his family from China to Canada money was exceptionally tight and the family struggled to make ends meet so what did Suzy do well he decided to do something to ease his family’s financial problems by day he worked at McDonald’s and by.

    Night he worked in a gas station these formative years shaped Suzy forever and his drive and determination can be traced all the way back to flipping burgers at McDonald’s education was taken seriously by cz and he studied computer science at McGill .

    .

    University here his obsession with financial markets grew after graduating in 2001 cz followed his passion and took a job as head of trade book futures at Bloomberg.

    Now there is.

    No doubt that working at Bloomberg is a pretty solid career option however that is.

    Not the way of entrepreneurs after four years cz decided to do something different and founded fusion systems this business created financial trading solutions and it was during this time that cz discovered he had a love for poker which in turn led him to finding out about Bitcoin cz then traded in his business at fusion systems for the cryptocurrency industry he even worked as head developer at blockchain info before taking the role of CT.

    O at okay coin it was at okay coin that CZ learned to how to run a crypto currency exchange.

    Naturally after learning the trade he then went on to found by Nance the world’s most successful crypto exchange.

    Now .

    I don’t know about you but one can’t help but back a guide that went from flipping burgers to the front cover of Forbes magazine in a hoodie .

    I want to scoot on to talk about a recent finance partnership finance are certainly.

    No slouches in the partnership department and .

    I cannot cover them all in this video but let’s take a quick look at one or two.

    Now if you’re a fan of the channel you will know that .

    I am a bit of a brave browser supporter so .

    I was pretty bloody excited to hear in March 2020 that by Nantz is integrating with the brave browser for those that don’t know the brave browser is brought to us by the same guys behind basic attention token in a.

    Nutshell the browser is all about enhancing your browsing privacy by blocking trackers rewarding regular .

    Internet users for viewing ads and giving content creators a fairer share of ad revenue the cool thing is that brave is expanding its crypto features by integrating finance as a.

    Native widget within the browser that means that brave users can buy trade and receive crypto super easily so why is this seemingly small thing a big deal well the rise in ad blocker use shows that there is real demand from .

    Internet users.

    Not to see intrusive ads and more and more people seem to take their online privacy seriously that’s led to brave browser recently reporting 12 million active users.

    Now that’s quite a lot of people but how does this benefit B&B you ask well my logic is pretty simple many people who are using the brave browser are doing so because of its functionality rather than the crypto rewards it can generate so the brave rouser could be a great way for those who previously didn’t know too much about crypto to join the revolution they have this browser widget that could help ease them into the ecosystem and if the brave browser becomes a gateway to funnel.

    New users into crypto via by Nantz then that may increase by Nance’s trade volume leading to even bigger coin burns in the future either way the brave browser is pretty impressive piece of kit so if you want to learn more about it then check out my dedicated video right here.

    Now .

    I’d quickly like to share a few things that are coming up in the.

    Near future that could impact the price and further the utility of BnB one thing .

    I’m looking forward to is by Nancy’s upcoming crypto card with this we’ll be able to top up that by an ounce card with Bitcoin or BnB and spend it at more than 46 million merchants in 200 countries if koco.com cards have taught me anything it’s that the crypto community seems to love the idea of crypto cards the cards cost $15 in B&B or Bitcoin and card top-up balances are only going to be in these two kryptos and with the introduction of this card you will have another use case for BnB purchasing goods and services point-of-sale so more utility for this utility token oh yes if you’re looking for a crypto card with some free perks like Spotify and Netflix and up to 5% cash back then why don’t you check out my crypto comm video on the best crypto cards here another hot event coming up on the horizon is the 11th by Nance coin burn the last one took place at the end of January this year and that reflected exchanged volumes from .

    October to December 2019 the first quarter of 2020 has come and gone and by most measures it was a pretty stellar month for exchange volumes so keep your eyes peeled for that.

    Next BnB coin burn which could be pretty sizable and that’s it my complete review of BnB coin but.

    Now it’s time for a few of my final thoughts the long and short of it is that if you believe that the Buy Now exchange has a bright future then it might be a good idea to get your hands on some BnB .

    I genuinely struggle to think of another utility token that has the same amount of well utility what’s more by Nance also have a very strong track record in innovating those use cases as more of these come online it further ramps up the demand for the coin when you combine all that with quarterly coin burns and the most profitable crypto exchange in the world it’s the type of coin .

    I think everyone should have on their radar.

    Now while BMB coin does.

    Not confer any rights of ownership over the by Nance exchange one cannot deny that most of its demand is driven by the exchange let’s.

    Not forget that most of the use cases are related to finance and those coin burns are linked to trading volume so will some.

    New up-and-coming exchange steal by Nance is crown .

    I don’t know but if that happens then that’s going to probably be bad.

    News for BnB holders are there any challenges well one that could be a concern is regulatory status if BnB is ever to be classified as a security that could be a major tail risk that impacts on the entire BnB ecosystem regulators apply what is called the Howey test to determine whether an asset can be deemed a security one of the key criteria here is whether an asset leads a quote reasonable expectation of profit do the BnB dynamics create that expectation it can be debated either way however to my knowledge there has been.

    No indication that any agencies are looking into it anyways if you guys want to get your hands on BM b and for some reason you don’t have a buy Nance account yet then .

    I’d love it if you could support the channel by using my bi Nance affiliate link in the description below that’s it for today chaps.

    Now tell me though what are your thoughts on BMB do you have any questions .

    I’d love to chat with you about it in the comments below and of course if this video is to your liking then moon’ those likes and don’t forget to subscribe .

    I can’t wait to share some more of my videos with you very soon okay guys .

    I have to level with you there was a lot war that .

    I wanted to cover but sadly time was just.

    Not on my side but this is exactly the reason that .

    I have my weekly.

    Newsletter it’s basically a window into my crypto world where .

    I share market insights hidden.

    News and juicy tips wanna join top stuff just check out the link to my signup form in the description below enter your email hit submit and hey presto you are a coin Bureau insider you may be in time for my.

    Next mail up which you don’t want to miss see you guys soon [Music]

coins on finance finance has three different flavors of staking and that’s staking defy staking and eth 2.0 staking we’re gonna get into all of that and you want to stake your coins because you earn more coins you get these rewards for helping process transactions on the.

    Network and binance helps facilitate that by allowing you to stick your coins on their platform and we’re gonna get into more details on that so if you can help me out.

    Now by hitting that like button i would appreciate it and if you don’t already have the binance app you can download it with a link in the description because we’re going to be using the binance app to stake coins on binance so let’s get started let’s take our coins on binance so here we are at the home screen select more scroll down to finance and select staking this is staking and defy staking right.

    Now let’s focus on staking let me show you what you’re looking at here this is the coin the interest rate the minimum amount you.

    Need and then the lock up time so it’s going to be 30 60 or 90 days in most cases as you can see the interest rate will vary between 30 60 or 90 days depending on the coin and in some cases the coin subscription may be sold out so if you want to subscribe to the grt 90 day plan it’s.

    Not available and it might be in the future it just depends on how many users are signing up to stake on finance so get started before everyone else does.

    Not financial advice but this is just a tool for you to earn more cryptocurrency with your current cryptocurrency if you want to find what coins are available generally just hit search and then you’ll get a list in alphabetical order if you want to stick that coin through binance you’re going to.

    Need to have that coin in your spot account so you actually have to be holding that coin to start staking it right.

    Now i have some.

    Near in my account so we’re going to stake that for this example let’s scroll down to.

    Near and then we can see the interest rates we have 90 and 60 days those are sold out but the 30-day plan is available so i’m going to select stake.

    Now and then it shows us the 30 60 90 days again and how the product is sold out so we’re going to stick to 30 days then we can select the amount of the coin we want to stake and the minimum here is one and the maximum is 10 000.

    so right.

    Now just gonna stake one coin and then we scroll down to the summary and it shows us the state date value date and redemption date there is a rolling time period of what constitutes a day when staking so you can see here that it would start tomorrow for me at 8 00 am and then the redemption date would be available 6 p.m a month from.

    Now so the contract is a little more than 30 days and if you want that full interest your coins have to be locked up for that entire 30 days if you want to get out early that is possible but it does take a few days for your coins to be unstaked so be aware of that your funds won’t be immediately available if you decide to unstake right away and we’ll get into that so we are gonna stake one.

    Near for.

    Now i have read and agreed to the finance service agreement you should read that hit confirm and.

    Now that coin has been locked in the staking so.

    Now we are earning interest but we will only earn that interest if our coins stay for that full amount of time once again the typical plans are 30 60 or 90 days if i sign up for a 30-day plan my coins have to be there for the full 30 days for me to earn interest i can withdraw my coins early it will still take about two days to get them back but i won’t earn any interest so if i want to sign up for the 30 day plan and i stay for one day 10 days 29 days and then try to withdraw my coins early i will be able to get my coins back but i won’t earn any interest that interest will be forfeited and i will show you that.

    Now by withdrawing the mir we just deposited from the home screen select wallet go to earn scroll down and then we can see here.

    Near locked staking select that and then hit redeem and then it also warns us redeeming in advance will result in a loss of interest that you have earned so if i’m okay with that i can still redeem it and then i hit confirm and.

    Now my.

    Near redemption has been confirmed so we have to select our view history to see when it will be unlocked and then you can see here the coin is being redeemed today is the 22nd of july at 1 25 pm and the coins will be unlocked on the 24th at 6 pm so when your coins get redeemed through binance there is a set time and expect that to be a little less than three days.

    Now i am staking some other coins here mdx and ksm and you can see what’s happening with that for mdx i have been staking for 19 days and the interest i’ve earned that’s 0.66 and if i want to look at more details we look at my wallet in binance urn and at the top right here there is a history button and then we select the drop down go to locked staking and then select interest at the top right and then it shows us the daily interest we’ve been earning through locked staking.

    Now this hasn’t been redeemed yet i have this interest earned but it hasn’t been brought into my account until i complete that locked period of time of 30 days in this situation sometimes 60 or 90.

    staking versus defy staking with staking you are sticking your coin with a specific coin and then you get those staking rewards so that’s how you get your passive income.

    Now with defy staking decentralized finance you are sending your coins to a defined mining project and then that’s where the risk is because if your funds are lost through this d5 mining project binance isn’t going to be responsible for any lost funds and that’s why we see a risk warning there so you have to be careful and understand that risk binance does its absolute best to vet these projects and make sure it’s safe for finance customers but there’s.

    No guarantee in the future that an exploit may happen within the smart contracts finance can’t make that guarantee which is why we see this risk warning and.

    Now let’s do some defy staking so from the home screen select more scroll down to finance and select staking at the top right defy staking that is the risk warning i was just talking about and it takes up a lot of the screen we already went over that i’m going to minimize that and.

    Now you can see what coins are being offered the interest rates and the protocol so you can see there’s venus finance smart chain hard maker and that’s it this is in search coin so you can just see the list in alphabetical order and you can see everything very easily so if you have some busd you want a stake you can stake it for a flexible interest rate of 4.49 through venus let’s take some busd i’m going to hit stake.

    Now and we can see that it is a flexible amount and the minimum to participate is very very low it is point zero zero zero one b usd so less than one penny and the maximum amount is forty thousand b usd so for this example let’s just put in one b usd and then we can take a look at the summary interest is earned daily the redemption period will be one day and the estimated apy will be 4.49 percent i have read and agreed to the finance service agreement hit confirm and.

    Now my 1b usd is in the d5 staking so let’s check it out in our wallet but let me show you from the home screen so you know how to get there select wallet scroll to the right and select earn and then you should see defy staking we select that select redeem and.

    Now we can redeem our funds so we can redeem some of it or all of it let’s say i want to redeem 0.1 busd i can do that and the redemption will be available a day and a half from.

    Now so the redemptions will happen 6 p.m daily and it takes a little less than three days to get that back just be aware since you are on d5 staking these coins are being sent somewhere and then they have to get sent back to your wallet so i am going to confirm and my redemption has been confirmed we can view my history and see what’s being redeemed we can see that i have 0.1 busd redeeming and i will receive that on the 24th at 6 p.m and if i want to see the interest i’m earning we’re going to start again from the home screen we’re going to select wallet scroll over to the right select earn and then at the top right we can see our history and then the drop down here select defy staking high risk products of course just remember high risk and select interest and this will show the interest we’re getting from d5 staking.

    Now i do have some bnb being staked on binance smart chain so these are the interest rewards i’ve been getting daily.

    Now that you got a primer on staking and defy staking let’s do some eth 2.0 staking so right.

    Now ethereum is on a proof of work system and they’re transferring over to proof of stake so you won’t.

    Need any mining hardware to earn ethereum.

    Now to earn more ethereum you just have to have ethereum you just have to have that stake and with finance you can stake each 2.0 right.

    Now so from the home screen select more scroll down to finance and select eth 2.0 so i’ve been staking some eth 2.0 with binance and you can see how much i’ve earned in total and how much i’ve earned yesterday so with binance you will be earning interest daily on eth 2.0 and right.

    Now the interest rate is 6.19 percent as more people stake their eth that amount is going to drop if less people stick their eth that interest rate is going to go up so let’s take some ethereum so when i stake my ethereum it’s going to transfer my eath to beef that’s b eth beth or however you want to see it it stands for beacon ethereum and that’s going to represent your ethereum 2.0 stake so you will be trading eth for beef and i can do that.

    Now if i have any ethereum i can convert that to be eth but i can’t convert it back so that is.

    Not an option uh you can see the risks here i’m going to read this for you your stake eath must be locked during the first phase of the east 2.0 upgrade during this lock-up period your staked east cannot be redeemed that’s right it’s going to be be and if you want to convert your be back to eath you can do that by trading on binance since beef is a tokenized asset we’ll get into that right after this.

    Number two you will be able to redeem your staked eath when the first phase of the east 2.0 is completed which can take up to 24 months so there is a time period but once again there is a way around that be eath is a tokenized asset representing your staked eath on a one-to-one basis finance distributes your be eth to your spot account and lastly you can swap your be tokens back to eth after the completion of the first phase please.

    Note that you will receive eth equal to your be holdings at the time of the swap so even though you’re converting your eth to be eth.

    Now when the upgrade is completed the be ease will be converted back to regular eath at a one to one ratio and if you convert to be eat.

    Now you will be earning daily rewards on your be your ethereum and uh yeah you get a little yield on that so i am going to do a conversion i already have some in here but let’s do point zero zero zero one at the bare minimum select confirm i understand we went over this and my eat is.

    Now be beacon ethereum so we go to our spot wallet and we can see that there is be eth in my account that’s more than what we converted but i already had some there and we can trade it so you can see go to trade be eath to eat so if you didn’t want to trade your beef back into eat you can do that by trading in this trading pair but you won’t get that one-to-one ratio so be aware of that.

    Now let’s see our be eth earnings we can do that select wallets go to earn select the top right for history select that drop down and then we can see fixed terms eth 2.0 staking.

    Now we can see the east i just staked at point zero zero zero one but if you do hold any be eth in your spot wallet you still will get that daily yield so if you look at distribution you can see that i’ve been earning be eth from be tokens that i’ve been holding in my spot wallet for the past several weeks so that’s how you see your rewards and just to show you i’m in my spot wallet and i have be just sitting here and i’ve been earning rewards on that so you don’t.

    Necessarily have to keep it in the urn section i know there’s multiple wallets it might be confusing but as long as you have be eth in your spot wallet you will be earning rewards daily and that’s how you stake on binance if you can help me out right.

    Now by hitting the video with a like or if you don’t have the binance app you can download it with a link in the description