Binance Super Staking — A New Way to Earn in Crypto

[00:08] crypto exchanges. In simple words, it is something like deposits in a bank. You place your assets on the platform and earn a profit depending on the annual rate offered by the exchange. But not everyone knows that there is another interesting format on the Binance exchange

[00:21] that was recently launched. This is superstition. To explain it as simply as possible, it's something like lachpol. That is, you place a certain asset or assets in staking and receive tokens of another project in return. And

[00:36] the most interesting thing here is that the return is usually much higher than in regular staking. But there is one nuance. Such activities are held for a limited time and have a limit on the number of participants. So in this video, I will show you an example of how to

[00:48] participate in superstaking, as well as how to roughly calculate the return, so that in the future you will already understand whether it is worth engaging in such activities and how they work. To start, let's go to the Bаnance run. If you don't have an account yet,

[01:01] Bаnance run. If you don't have an account yet, main page, go to the Earn section. This is where you can stake various cryptocurrencies, but we are interested in superstaking. When such activity

[01:14] takes place, a special banner appears in this section . I also always write about similar opportunities in my Telegram, so you can subscribe so you don't miss such things. After we open Superstaking, we see

[01:27] the conditions. For example, in this case, you can get a share of Night tokens from the prize pool. To participate, you simply need to place one or more of the offered stake assets for a certain period, in our

[01:40] case for nine days. Also note that there are limits here. For example, for Bitcoin, you can deposit a maximum of 0.3 Bitcoin for BNB up to 30 coins. And the entire prize pool of tokens is distributed among all participants. That is, if you

[01:53] have set the maximum limit, for example, Bitcoin or PNB, then according to this table you can see the approximate return, both in annual percentage rates and in dollars at the current reward rate. Simply divide the total pool by

[02:06] the number of coins placed. This is for your future. And if you compare this to regular staking, the profitability in super staking is higher. The participation process itself is as simple as possible. When the activity starts, you must have the required asset on your balance sheet

[02:18] . Next, click subscribe, enter the number of coins, and confirm participation. After the staking period ends, the exchange returns your assets and awards rewards in tokens. But an important point is that if you withdraw funds

[02:31] before the period ends, you will not receive the reward. Primarily suitable for holders of those coins that participate in this activity. That is, if you already have, for example, BNB or Bitcoin, you can simply

[02:45] get additional passive income. But there is another option. If you have a decent amount of stablecoins, such as USDT or USDC, on an exchange, you can temporarily borrow the desired asset against your stablecoins. That is, you leave USDT as

[02:59] collateral, take, for example, Bitcoin or BNB and use them to participate in superstaking or launch pools. Personally, I usually take out a loan on BG bybit, so I will also leave a link to it in the description. There you need to go to the loan section,

[03:14] select the desired asset, leave your USDT as collateral and receive coins that you can use. Next, we throw these coins into the supers. After staking is complete, you simply return the same amount of coins you borrowed and

[03:28] get your stable horses back. But you have real profit in your hands. I already have separate videos on my channel for more details on how the loan works, you can watch them. In principle, that's all. Here's a simple way to get

[03:40] additional passive income in crypto. If you have any questions, write them in the comments, I will be happy to answer. And that's all I have . Good luck to everyone, good profits, and see you in the next videos. Yeah.