WARNING: Hi guys, please be careful. The SPAM is out of control! Also someone is CLONING MY ACCOUNT and posting comments below PRETENDING TO BE ME. I will NEVER ask you to “email me” OR text a “spammy WhatsApp number”.
Staking adds just 5%, so with 1000% growth you only get 1005%? WRONG! The correct number is 1055% Compounding works by multiplication (not addition). The calculation in this case works like this: (100%+1000%)*(100%+5%)-100% = 11*1.05-1=10.55=1055%
You can stake with your hardware wallet and daedalus and yoroi. Staking with Binance Is not ideal for the ecosystem because it encourages centralisation. When you stake with Celsius you are depositing your ada into Celsius and your ada leaves your wallet. Safest option hardware wallet and daedalus or yoroi.
The problem with binance is, if your from the USA u can't use binance. We have to use binanceUS which doesn't offer staking. Thanks to stupid regulations. Also, your supporting more centralized staking, which I can't blame him using binance to stake. For usa customers u can use atomic wallet. It gets about 5% give or take. And you own your own keys. Its better than Celsius atm.
Staking can't "freeze" the value. No matter how long or where you stake it, the value is the same whatever the market says it is atm. If you stake something with a value of $5 if its price drops to $2 over time, when you end staking and take it out it can't be valued to $5 if the current market value is $2. I hope I explained it well.
Cryptos are generally completely seperated from their dollar value equivelant. Let's say you stake 100 ADA at $2 for a year at 5% interest Now by the end of that year ADA could be either $1 or $100, but you would still get 5% of your 100 ADA so you end up with 105 ADA. TL:DR you earn the interest in the coin, not USD
I have a question! If I stake, and market goes up, will o get the % of up price m. Like if stake usd 1000 with 5% interest and after a while it usd 1000 compounded to 1500, will I get the 5% of 1500 ?
@TheDemonKingDemise Am i gonna take by stacking 5% every 5 days or only once in a month? For example i have 100 ada and every 5 days im gonna stacke 5% of it?
It might be the way for Cardano as depicted in the video but when it comes to BTC , Celsius seems to have a better rate than Binance. I am worried about these sites failing just like I would worry about my Fiat Currency Banks failing. Anyway do share your referral links in the comments for Celsius, Binance, etc
On lending platforms like Celsius, blockfi and nexo offers %. But btc and eth doesn't have the traditional method of staking. If u want to open up a Celsius account let me know. I can give u a referral code and we get a little of btc. Also there are promo codes u can use to for new account holders.
If your able to open up a cel account. U can let the company lend your coins and u will get a %. Look them up. Assuming your country/state allows it. If u do, let me know so I can give u a referral code
id rather stake ADA via my own wallets(daedalus, yoroi etc) because of additional benefits of ada staking such as ISO, airdrops, nfts, and other staking rewards.
Hi Nathan, nice Video as always. I personally use Binance for myself and staking some crypto that I holding. Binance staking is very simple and easy to use. The other wallet that I use and staking is Exodus, the staking rate is slightly lower than Binance.
Ah crap. I have put funds with Block Fi but their recent rate changes give a pretty poor overall return. I will seek other avenues methinks. Thanks for the reply and thanks for the vids 👍
I have noticed that locked ADA staking gives u the reward everyday not when the lock ends. Just saying. So I actually have subscribed to the flexible staking as well so when the locked rewards come they go to the flexible savings for ada instantly ;)
Great thank you. You may already have a past video that goes through the platform options. Being new to buying crypto I'd love to see a video on the best platforms to buy crypto (and associated options like staking). I've started with Coinbase but am not sure this is the best place.
Any crypto staked will have whatever value is in the market. That's the risk if there is a huge dip and you have locked your coins you can't sell. That could be good because will prevent you for panic sell but bad if you really want to sell. Personal decision.
Binance horrible exchange, locked my account bc they can’t count correctly, horrible customers service, since May 2021 , still no resolved. Horrible exchange. That’s why they can afford to give 8 %, they steal your coins and lock them up.
WARNING: Hi guys, please be careful. The SPAM is out of control! Also someone is CLONING MY ACCOUNT and posting comments below PRETENDING TO BE ME. I will NEVER ask you to “email me” OR text a “spammy WhatsApp number”.
thanks,good luck
Celsius is the best one. No fees. No lock period. Just amazing.
I own only 7 hundred cardano, but I'm happy with this going to buy 300 more to own 1000 Ada that's all I personally need.
Love Ada
hi there. are you satacking already? im only plan to do this. is 5% of stacking will back to me every 5 days or only 1 time in a month?
@@kekek8687 takes about 20 days for you get get your first rewards then every 5 days after that.
Staking adds just 5%, so with 1000% growth you only get 1005%? WRONG! The correct number is 1055%
Compounding works by multiplication (not addition). The calculation in this case works like this:
(100%+1000%)*(100%+5%)-100% = 11*1.05-1=10.55=1055%
Plus, staking rewards are given every 5 days.
You can stake with your hardware wallet and daedalus and yoroi. Staking with Binance Is not ideal for the ecosystem because it encourages centralisation. When you stake with Celsius you are depositing your ada into Celsius and your ada leaves your wallet. Safest option hardware wallet and daedalus or yoroi.
Not your keys, not your coins!
You beat me to it Dave. I have ADA protected by a Ledger Nano S hardware device, and I'm staking it through the Daedalus wallet. Best of both worlds.
Hows your Staking going - months on, any troubles ? Thank you
So far I have only bought btc, tether, doge. Now I'm also thinking about investing in ada
I have btc, eth, ltc and ada
I use exodus wallet at 4.91% auto compound, no lock-in👍
I stake on kraken, it has no lock in period and apy between 4 to 6%
Nexo can also go up to 8%
That must be on Binance but not Binance US because I don't see that on my Biance US.
Fabulous video, thanks!
I stake ADA on Kraken
The problem with binance is, if your from the USA u can't use binance. We have to use binanceUS which doesn't offer staking. Thanks to stupid regulations. Also, your supporting more centralized staking, which I can't blame him using binance to stake.
For usa customers u can use atomic wallet. It gets about 5% give or take. And you own your own keys. Its better than Celsius atm.
If u stake it, does your ADA still fluctuate up or down with the market? Or does it stick at the value you lock it away at?
I have the same question
Staking can't "freeze" the value. No matter how long or where you stake it, the value is the same whatever the market says it is atm. If you stake something with a value of $5 if its price drops to $2 over time, when you end staking and take it out it can't be valued to $5 if the current market value is $2. I hope I explained it well.
Guys you can stake your ADA in the Daedalus wallet BUT under the protection of your hardware wallet.
Absolutely, BINANCE is ruling here !
If I lock in and the price goes to 6 dollars, when I take out of stake is it at this new price or the price I staked at plus interest?
Cryptos are generally completely seperated from their dollar value equivelant.
Let's say you stake 100 ADA at $2 for a year at 5% interest
Now by the end of that year ADA could be either $1 or $100, but you would still get 5% of your 100 ADA so you end up with 105 ADA.
TL:DR you earn the interest in the coin, not USD
I BOUGHT MY ADA ON ETORO AND I GET FREE COINS ON THE 10th OF THE MONTH. I DID NOT HAVE TO DO ANYTHING.
nice work
2:35 wow, this is quite strange. I install It two weeks ago and It needs only three ir four hors
What's your opinion on Yoroi wallet?
From what I read, its easier to use. You also dowoad atomic wallet. I use that to stake my tiny bag of ada
I have a question! If I stake, and market goes up, will o get the % of up price m. Like if stake usd 1000 with 5% interest and after a while it usd 1000 compounded to 1500, will I get the 5% of 1500 ?
@TheDemonKingDemise Am i gonna take by stacking 5% every 5 days or only once in a month? For example i have 100 ada and every 5 days im gonna stacke 5% of it?
@TheDemonKingDemise but what about every 5 days stacking? i just not really get that moment. Thanks for answer
5% on the dutch trading platform i use.
After waiting for 24 hours for my Daedalus wallet to sync I gave up and opted for Yoroi instead.
It might be the way for Cardano as depicted in the video but when it comes to BTC , Celsius seems to have a better rate than Binance. I am worried about these sites failing just like I would worry about my Fiat Currency Banks failing. Anyway do share your referral links in the comments for Celsius, Binance, etc
Good video 👍👍🙏
Binance is by far the Best at present.. really easy to use
So is it 4-6% of the actual number of ADA coins you stake OR 4-6% of what the ADA coins staked are worth? Thank you 🙏🏽
Please do a small segment on zilliqa. I think it's a very strong investment.
Why is it so?
How do you unstake ADA in Daedalus? I cannot find any option to unstake. will you create a tutorial about it? thanks :)
you just send ADA to another wallet ... that's it
Great content! Can you do one on staking Bitcoin and ETH?
On lending platforms like Celsius, blockfi and nexo offers %. But btc and eth doesn't have the traditional method of staking.
If u want to open up a Celsius account let me know. I can give u a referral code and we get a little of btc. Also there are promo codes u can use to for new account holders.
What is staking
If your able to open up a cel account. U can let the company lend your coins and u will get a %. Look them up.
Assuming your country/state allows it.
If u do, let me know so I can give u a referral code
NEXO is higher, currently I get 7.5% at present but can get 8%
id rather stake ADA via my own wallets(daedalus, yoroi etc) because of additional benefits of ada staking such as ISO, airdrops, nfts, and other staking rewards.
What aboiut exodus wallet ada staking? is it safe?
It is because you own your own keys. But if your exodus wallet gets hacked well than that won't be a good day
I still do not feel confident about doing this. I don't stake it anywhere because I don't have any.
Hi Nathan, nice Video as always. I personally use Binance for myself and staking some crypto that I holding. Binance staking is very simple and easy to use. The other wallet that I use and staking is Exodus, the staking rate is slightly lower than Binance.
Can't use Binance in US anymore.
9% APY staking on SOL is real, or these 9% are an approximation based on the last 12 moths' yield?
9% is legit. Great right... that is annual though
@@NathanHQ so 0,75% per month
Actually there is a way to stake ADA from your hardware wallet using ADALite. Not your keys Not your coins 100%.
Great video as per. Thank you 🙂.
Do you know if and when Celsius will be available in the UK?
they was then had to leave... regulation needs to mature and settle down
Ah crap.
I have put funds with Block Fi but their recent rate changes give a pretty poor overall return. I will seek other avenues methinks.
Thanks for the reply and thanks for the vids 👍
Wish my state would allow us to use Celsius
Usa? I think ny, and couple of other states doesn't allow cel. Stupid imo.
Bookers.
Always use the kiss method. And you can use ledger to stake ada
I have noticed that locked ADA staking gives u the reward everyday not when the lock ends. Just saying. So I actually have subscribed to the flexible staking as well so when the locked rewards come they go to the flexible savings for ada instantly ;)
I stake Dot and Ksm at 12 % and I can unstack in minutes same for 6% ada and 6.5 for SoL
Exodus wallet, 4.91%
Great thank you. You may already have a past video that goes through the platform options. Being new to buying crypto I'd love to see a video on the best platforms to buy crypto (and associated options like staking). I've started with Coinbase but am not sure this is the best place.
hi im very new to crypto, when ada is locked meaning the entry price is the same as exit price regardless if ada price goes up,thanks for any info
Any crypto staked will have whatever value is in the market. That's the risk if there is a huge dip and you have locked your coins you can't sell. That could be good because will prevent you for panic sell but bad if you really want to sell. Personal decision.
Voyager
not much, compared to what we have already received in ADA Staking so far.
hyped over 8% (again, not APR kek) APY just get a load of these bagholding ADAbaggies lmao
Sounds great until you realize to get the rewards you'd actually have to own ADA.
Thank you so much. Very timely, clear and concise. You answered some of the questions which have left me hodling, not staking til now.
Binance horrible exchange, locked my account bc they can’t count correctly, horrible customers service, since May 2021 , still no resolved. Horrible exchange. That’s why they can afford to give 8 %, they steal your coins and lock them up.
Not your keys not your crypto, don't use Celsius and binance. Bad video
The problem is that u can't use binance in UK banks won't let u deposit money, fck joke!
Just buy on Coinbase Pro then send to Binance 👍
More paid adverting from you I see. Unsubscribing, way too many paid partnerships with this channel to actually get legit information
haha none of them were paid ... all just pure content...bye!