Staking Rates Compared — Step-by-Step Guide & Transcript

[00:02] cryptocurrency staking? What are those changes [in music]? For that, we're going to follow this scheme that I've made myself from some designs I have of what I call the [music] crypto map, where I explain which are the best

[00:14] cryptocurrency exchanges depending on what you're looking for, whether you're a [music] beginner, if you're looking for one that's regulated, if you want to staking, which is what low fees, etc. I've left this link in the description of this video

[00:27] contains my affiliate links with discounts and all that, and when you open it, they register or anything like that. I've put it up here for free so everyone can take a look. Okay, so let's continue with this structure. To begin with,

[00:42] sometimes this is called staking, sometimes earning, farming, things like that, but in the end it's all the same concept: since you have some cryptocurrencies, you have them on an exchange and just by having them there you're going to be paid more

[00:56] of those cryptocurrencies, and some of them are on a flexible term that you can withdraw at any time and others are on a fixed term to leave them for 30 days, 60 days or whatever, where they usually pay a little more thanks to leaving it

[01:08] locked for that time. time. Good. And the second thing to differentiate is that you can stake, all this with stable coins, which are USDC or USDT, where

[01:21] one USDC is always worth the same as one USDT. And this usually pays somewhat better; the returns are somewhat higher than if you do it with large cryptocurrencies like Bitcoin or Ethereum. Then it 's true that if you go to

[01:36] smaller cryptocurrencies, then they might pay quite well, the run a greater risk of that cryptocurrency dropping significantly in price. cryptocurrency dropping significantly in price. What good is it to get paid 70% annually

[01:50] if that cryptocurrency can lose that 70% in a month? Know? That's the general idea . What I've focused on is researching more with Bitcoin, some Ethereum too, and with stablecoins. And here you can see the summary and you have the link

[02:03] to open this and view it. But let's look at some examples so you know how to look at this and how to do it, okay? Just in case you're a beginner with this. Look, for example, we'll do some of these examples. We have Bitget that pays

[02:16] 9.3% annually, although you don't have to wait a whole year, but they pay you every day or every month, depending on whether it's a flexible term or not, but only up to the first 500 USDC. If you put in 550

[02:30] USDC, then the first 500 are paid well, but then the following ones somewhat less, about 3.5. Let's take a look. For example, I go into Bitgate and always see the menu and there's a section called Earn. It usually says "earn,"

[02:45] but you could put "taking," " wealth," or "growth," or other English words like that, okay? But it's always in one of these sections. Look, if I'm going to earn, I'll go with simple earn, because sometimes there are more complex products

[02:58] that you might not understand right now, or you have to understand other risks, that it's not exactly staking, and earning all this. Anyway, when you open it, a list appears, as I was saying, some larger cryptocurrencies , some smaller ones, but in the

[03:11] example, which usually pays less, for example, 0.5%, but if we go to example, 0.5%, but if we go to USDC, you see that this appears. In the end, don't just go by this number; you need to know this information. Here

[03:25] in this case, if I hover the mouse over it, it breaks it down for me. Tier 1, as level Tier 1, as level one, means that if you put between 0 and 500 USDC, because we're looking at this USC line, then they pay you 9.3%, and if you put

[03:39] , then they pay you 3.5%. And look, it's superb, but the most interesting thing here is that first 9.3%. If you don't see it here, then you may need to create an account with

[03:54] an email address. I mention this in case you want to see other exchanges or if this information has update these percentages regularly. So when you watch this video, don't get mad same, because they might change a little, okay? I will also keep

[04:09] updating it. In fact, up here I usually have an image saying, look, uh, crypto map, See Ricky Ruiz, last update, well this day of this year, so more or less once a month or something like that, I update it so that it is

[04:21] useful to you even if you see this video two months after I published it. Going back to Bitgat, if you don't have an account or something like that, you won't see the create an account, or if you see other exchanges to do the same, then you

[04:34] click on subscribe now and you'll see more information there in case it wasn't showing up before, okay? For example, here you can see the APR levels, annual percentage rate, where we've seen this, right? The first 500, 9.3%. Okay,

[04:48] let's look at some other examples. For example, let's take the typical Binance. I'm talking about USDC, but then we also have Bitcoin, for example, on BitGate, here we are seeing the example, which is 0.5%.

[05:00] If I go back, I can see how Bitcoin pays 0.5% annually, but they pay the proportional part, you know, every day because it's flexible staking. In this case, as mentioned, let's look at Binance, for example, to give you

[05:12] some more examples. On Binance, also further up, go to Earn, go to simple Earn, this will open and here you can see the breakdown. For example, in Bitcoin they don't pay much, 0.27% is normal, with Bitcoin they usually pay

[05:26] little, but we have USDC where they come out as a range, it depends on whether it is flexible, locked or how much you are going to put. For example, if I click subscribe, we'll see the information a little better. Which, by the way, also includes how it's done.

[05:39] First, let's say with Binance, for example, starting from scratch, you create an account, send money, a transfer in euros, once you have the euros in Binance, then you convert them from euros to USDC. I have other

[05:53] videos out there, although it's quite intuitive, it's pretty easy. Once you have the USC, then here you will see the available ones and here it the available ones and here it asks you, there is no minimum, well, 0.01 USC, that

[06:05] put 10, you can put more. And here it also tells you, see? From $0 to also tells you, see? From $0 to $8,000 USDC, up to $8,000 they pay 4.9%, a 5. Well, not bad, but if you were only going to put, for example, $400 because you're

[06:22] testing with that, then look at this crypto map, where you get a better return, for example, Bitgate, 9.3% up to the first $500. Although this is where you have to come in and assess whether you're too lazy, which I

[06:36] can understand, to have another exchange. I just want to say that if you already have, for example, Bybit, that's the one I mainly use. If you already have different things there, for example, cryptocurrency investments, you have

[06:48] I leave a video about what I do and I share it for free. If you also use the Bybit card, which offers 2%, you might want to take advantage of doing some staking at 7%, which isn't 9.3%,

[07:01] meaning it's less, but it's convenient to have it already there. Or I think it's totally great that you also create a new account on a new exchange to new account on a new exchange to take advantage of this €9.3500. Okay, since we're at it

[07:13] which I have here, so we can do a few more examples and that's it. At BBIT it's the same, you go here to finance, go to Earn and this page appears where if you click on the arrows to see a breakdown of how much they pay, I'm going to look at USDC, how much is it

[07:29] exactly, see the details and here I can see, it's good that we see this, that if I leave the USDC locked for 10 days , I click this option, then I can put up to 500,000 USDC, for example, you put, I don't know, 200, although right

[07:44] now I don't have them available here, but that means that you're going to have to leave the USDC here for 10 days, you're not going to be able to withdraw them before then, that's the deal. Okay, you're accepting that if you want, but they're going to pay you 3%

[07:58] annually, not like they're giving you 3% in 10 days, okay? Many people get confused about this; these percentages are always annual. You calculate the proportion of how many there are in 10 days and that's what they're going to pay you. If you want to leave it a little longer

[08:12] for a month, then you have this 30-day option. Then you see that they pay you a little better, 4%. Which, by the way, I have to change here because it's no longer 7%, but they've lowered it by 4%.

[08:26] There it is. If you ask me out of curiosity where I'm staking the most right now, it's not with Bitcoin. For that, I use a bot that buys and sells for me. I have this on Bybit, and I have quite a lot of it, but that's

[08:39] a separate issue. It's not purely staking; I use Nexo. Although I think they're no longer accepting new Spanish users due to later. If you're not from Spain and you're interested in Nexo, you

[08:54] have an account here where I have about 10,000 USDC invested, although you also need to have some of their Nexus token if you want to be Platinum, which is like a higher level, the highest level, and you're

[09:09] exposed to those tokens. But they also have a basic plan, meaning you do but you don't need to have any other tokens, just USDC, and then they pay you, maybe I think it's 7% annually, that's why I've put

[09:22] 7% here. But if you look, I'm getting paid more. If I click here, you'll see that they can pay up to 13%. But in this case, I'm getting paid 9%, because the 13% is if you want to be paid in another token, which is the Nexo token, but I'm keeping it simple

[09:38] or making less of a fuss here. I have USC, about 9000 and something, they give it to me at 9% annually in USC and that's it. But that's because I 'm platinum, because I do have some Nexus tokens. In other words, to show you that some platforms, if you're a bit more

[09:52] you can access better conditions, but you absolutely don't have to do this. And if you're talking about or considering less than 1000, then obviously you don't need all this nonsense. It's just to give you options or explain a

[10:05] little how staking works within the crypto world; there are you can always look for more details. Another option, if for example you're interested in something regulated in Spain, that is Spanish and so on, is Cryptan, where they

[10:18] that is Spanish and so on, is Cryptan, where they pay up to 7.5% in USC. And I have a series of three or four Cryptan videos, where I explain everything, which I'll the description. Below you have the same information, how to stake and earn with

[10:32] Bitcoin, where it shows you the following percentages, although keep in mind that, as I mentioned, it may change a bit and you've seen that Bitcoin always pays less, but I've found a case that pays quite well, which is BIN X,

[10:45] where they give up to 10.5% up to 0.01 bitcoins, but 0.01 bitcoins is quite a lot. In fact, we're going to see it. I have one of my Bin X accounts here, I have one of my Bin X accounts here, and if we go to Wealth, see? It's not called

[10:59] E or I don't know what it's called Wealth. Click there, click on "all" to see it. This screen opens for me. All of this is USDT, which we're not interested in right now, but you see, if you're a new user, they give you

[11:13] 100% USDT for the first week only. But it's not like they're going to double your money; that would only happen if you could have it for a whole year. This 100% is annual percentage rate. It's always annual, but it takes the proportional part of 7 days and you also have to

[11:27] see if there is any kind of limit. Okay, I click on subscribe and it seems moment. For example, if I said, I have about 1600 here, right? Well, if I put 1500 like that, look, it shows you that at most, 100. You see how some things sound really

[11:42] last step you don't really understand the conditions. See? For example, here they would only let me if you are a new user, you can put up to 100 UST and during the first 7 days they will pay you as a 100%

[11:57] times that I repeat myself, you have to withdraw the proportional part. But I didn't want to this case, it's very good. Note that it ranges from 0.7% to 10.5% annually, which

[12:09] is more than I've usually seen on many other exchanges. See? It's flexible right here, so that's great. You don't even have to lock it, you can remove it at any time. And here it is , you can put in as little as the first

[12:21] , you can put in as little as the first 0.01 bitcoins, they pay you 10.5% annually, which is brutal. And it's not just for 7 days or anything like that, you for 7 days or anything like that, you can stop. And 0.01 bitcoins is no small

[12:33] amount. Look, it's not infinite, but let 's assume a Bitcoin price of $100,000 to round things off. So there are 000 that you can have, that in other things. So this is a

[12:46] good option. If you have any Bitcoin, if you have less than 0.0 Bitcoin, lie to yourself , you can leave it here and they will pay you 10% annually. So that's fine. That's why I've left this good option here for you. And sorry for recording this another

[12:58] discovered a very interesting new platform where you can stake your cryptocurrencies. It's Coin Depo, which you can also find my link to in the description. And note that they have been operating since 2021, protected by

[13:11] Fireblocks and audited by different reputable entities in the crypto sector, and lately they have been growing a lot. We can see these numbers, and since it's a newer platform, or not the most popular for staking,

[13:25] they have better offers and are paying more for the cryptocurrencies we leave here, which we can take advantage of as a kind of offer, although this isn't for a limited time, but hey, I'm already

[13:37] trying it out, I created an account, and I've been able to both deposit and I always test that at the beginning to make sure everything is okay. And everything is fine. And let's look at the returns. I'm going to click on view fees and by sliding

[13:51] down we can see the stablecoins section , where both USDT and USDC in , where both USDT and USDC in flexible term pay 18% annually, the proportional part each day. And if we leave it blocked, for example, monthly

[14:05] or quarterly, I wouldn't block it any longer just in case. It's just a personal opinion, but we can reach 21% or even up to 24% annually with stablecoins, given the volatility of cryptocurrencies. Or if we have exposure,

[14:21] Ethereum, well here they are paying us for it, look, in flexible terms at 12% and paying us for it, look, in flexible terms at 12% and reaching up to 18% in fixed periods. I did also mentioning this Coin Depo opportunity, which you can find my link to in

[14:37] the description. That said, let's continue with the video. Anyway, I'll leave this here for you to the description. Smash the Think about it, it's a huge amount of work to go exchange by exchange and look at them all, and

[14:51] any questions you have in the can, and I'll see you in the next videos. Thank you so much. M.