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RE: How to use trustwallet to stake crypto on robiniaswap ?

in #rpromo3 years ago

That's good. I have a trust wallet but have not stake on it before. Can you stake any Crypto of your choice there or does it have any particular crypto currency you will stake there.
One more thing according to the image you showed us,your staking is showing another thing not BNB.
Or you have a right to choose the Crypto you want to stake.

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The short answer not all crypto can be staked or not at least in the same way. Sorry if this like is confusing.
Let me explain. If you want to stake your crypto in a staking pool then you need to know what all staking the pool supports.
There are various pools that support staking for example if you visit https://robiniaswap.com/pools you can see what all cryptos you can stake the APR return and any deposit fee that many apply.
So either you can convert your crypto to one of these cryptos or look for another pool.
I am focusing on BSC or binance based tokens because the fee for staking and harvesting rewards is super low as compared to ETH based staking.
Even if your crypto is not in a list or you cannot find a pool that supports it you can always head to https://www.binance.com/?ref=20253166 here you can create account/login and see the staking options.
So here you can usually also stake otherwise unstakable coins like BTC and earn a reward. Though this type of staking.
Hope this info helps

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I am using binance but can you stake on binance too. If yes, give me the procedure because I have alot of Crypto currency on binance.

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There are a number of opportunities and ways that you can do it on Binance and a number of ways to go about it maybe I should do a post to list as many as I can.
However to get you started I suggest you login to your Binance account I am using a computer so you can head to your wallet https://www.binance.com/en/my/wallet/account/main
Here you would see all the currencies that are listed and you can see the balances that you hold.
View a currency row from left to right and for currencies you can earn with there is an earn option
image.png
Click on the earn and it would show you various ways of earning with your holding

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Thank you. I will check it up now

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