✅Okx Exchange - https://coinsutra.com/visit/okx/
?Binance Exchange - https://coinsutra.com/visit/binance-link/
❤️Lido.fi for liquid staking - https://www.youtube.com/watch?v=9LaAbrTxyVE
Polygon Network is a layer 2 scaling solution for Ethereum that aims to improve scalability and make decentralized applications more accessible to mainstream users.
Polygon is powered by the Matic token, which can be staked to earn rewards and help secure the network. In this video, we'll take a closer look at Matic staking and explore some of the top staking solutions for Matic token holders.
One of the most popular options for staking Matic is Binance, one of the largest cryptocurrency exchanges in the world. Binance offers a simple and convenient staking experience that allows users to earn rewards without needing to manage their own nodes or wallets.
To stake Matic on Binance, simply deposit your Matic tokens into your Binance account and opt-in to the staking program. Binance offers a competitive staking yield for Matic, making it an attractive option for many investors.
Another top staking solution for Matic is OKX, a popular cryptocurrency exchange that offers a range of staking services for various tokens.
OKX offers a flexible staking program for Matic that allows users to choose their staking period and earn rewards based on the length of their staking commitment. OKX also offers a range of security features to protect staked tokens, making it a secure and reliable option for Matic staking.
Finally, we have Lido.fi, a decentralized staking platform that allows users to stake their Matic tokens and earn rewards while retaining the flexibility to trade or transfer their staked tokens at any time. Lido.fi is built on Ethereum and offers a non-custodial staking experience that ensures the safety and security of staked funds.
Lido.fi also offers a competitive staking yield for Matic, making it an attractive option for decentralized staking solutions.
In conclusion, Matic staking is a great way to earn rewards and help secure the network while supporting the growth of the Matic ecosystem. Binance, OKX, and Lido.fi are just a few of the top staking solutions available for Matic token holders, and each offers a unique set of features and benefits.
If you're interested in staking Matic, be sure to research and choose the staking solution that best fits your needs and goals.
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------------------------------ Disclaimer ------------------------------
This video is a copyright of CoinSutra
The content published on CoinSutra Channel is for informational, educational, and recreational purposes only and should not be considered to be legal, tax, accounting, or any other professional advice. I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.
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https://www.youtube.com/watch?v=wt9_di_bwWo
?Ledger: https://coinsutra.com/go/LedgerNano/
? Binance: https://coinsutra.com/go/binance/
?Download Ripple wallet for Ledger: https://coinsutra.com/go/XRP-wallet/
? Ledger Wallet playlist: https://www.youtube.com/playlist?list=PL6VI3BgQ4H2Ywi40QIcbDMMR7fGUxEwvY
? Ripple explorer: https://bithomp.com/explorer/
Official post: https://coinsutra.com/best-ripple-xrp-wallets/
Hello CoinSutra users,
In the last video I have shared how to use Ripple wallet on Ledger Nano S. In this video you will learn how to transfer XRP coins from Binance to Ledger Nano S. One of the most confusing part of transferring XRP from any exchange to ledger is the XRP withdrawal tags and that’s also I have answered in this video.
This process of transferring XRP from an exchange to Ripple wallet on Ledger Nano S is the same for all the exchanges that hold Ripple.
➡Which Cryptocurrencies Are Supported By The Ledger Wallet?: https://coinsutra.com/supported-cryptocurrencies-ledger-wallet/
Here are 3 posts that you must read after this:
?Top 5 Websites To Buy Ripple (XRP): https://coinsutra.com/buy-ripple-cryptocurrency-xrp/
?The Mystery Behind 20 XRP Fee For Ripple Address: https://coinsutra.com/20-xrp-ripple-fee-reserve/
?How To Convert Bitcoin (BTC) To Ripple (XRP) Quickly: https://coinsutra.com/convert-btc-to-ripple-xrp/
Here are a few hand-picked posts that you should read next:
Here is a bonus article:
➡How To Keep Your Recovery Seed Safe And Secure: https://coinsutra.com/keep-recovery-seed-safe-secure/
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If you want me to do video of any particular exchange, feel free to ask in the comment section below.
See you in the next video.
Ta Da!
Harsh
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https://www.youtube.com/watch?v=oY5Rot0hx30
If you trade on #Binance, you must have observed that sometimes after selling one of your crypto holdings, you are still left with a small fraction of that coin or token.
Such assets are called Binance Dust and cannot be traded or sold via spot trading. In this video you’ll learn the best way to sell them.
To learn more about crypto trading, join us at vip.Coinsutra.com
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https://www.youtube.com/watch?v=uMwURz2EQQg
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✅ Aave Protocol - https://app.aave.com/?marketName=proto_optimism_v3
✅ Sonne Finance - https://coinmarketcap.com/currencies/sonne-finance/
Leveraged lending in DeFi (Decentralized Finance) refers to the practice of borrowing additional assets or funds to increase one's exposure to a particular investment, enabling the potential for higher returns. This is done using decentralized financial protocols and smart contracts on blockchain networks, such as Ethereum.
00:00 - CoinSutra Intro
00:08 - DeFi Introduction
01:06 - DeFi Leverage lending
02:38 - DeFi Lending example
04:04 - Sonne Finance (lending protocol)
07:06 - DeFi Leverage lending risks & challenges
12:09 - Quick recap
13:10 - DeFi protocol documentation & research
16:30 - Sonne Finance token
17:37 - Ending note
In the context of DeFi, leveraged lending typically involves the following steps:
➤ Collateralization: The user deposits an asset (e.g., a cryptocurrency like Ethereum) as collateral in a DeFi lending protocol (such as Aave, Compound, or MakerDAO). The deposited collateral allows the user to borrow another asset, usually a stablecoin like DAI or USDC.
➤ Borrowing: Based on the value of their collateral, the user can borrow a certain amount of the desired asset. The maximum amount that can be borrowed depends on the collateralization ratio set by the lending protocol.
➤ Investment: The user takes the borrowed funds and invests them in other opportunities within the DeFi ecosystem (e.g., liquidity provision, staking, yield farming, or trading).
➤ Return and repayment: If the user's investment generates a return higher than the interest rate charged on the borrowed funds, they can repay the loan and keep the remaining profit.
However, if the investment underperforms or the value of the collateral decreases, they may face liquidation or have to add more collateral to maintain their position.
Leveraged lending in DeFi allows users to maximize their potential returns but also comes with higher risks. Borrowers must consider potential downsides, such as liquidation or margin calls, before engaging in leveraged lending activities. It is essential to understand the mechanics of the DeFi protocols and monitor positions closely to manage risk effectively.
#defi #lending
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This video was brought to you by Coinsutra.
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------------------- Disclaimer
This video is copyright of CoinSutra
The content published on CoinSutra Channel is for informational, educational, and recreational purposes only and should not be considered to be legal, tax, accounting, or any other professional advice. I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.
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https://www.youtube.com/watch?v=Aq3HDwi4vTs
?https://coinsutra.com/best-indian-bitcoin-websites/
The Indian crypto scenario is hot than ever. With RBI barring banks to do business with crypto related businesses, Indian crypto space has stalled a bit but overall it is going up only.
There are some notable exchanges in India through which you can buy BTC and other popular cryptocurrencies for INR deposits.
Some of them are:
1. Coinome-https://coinsutra.com/go/coinome/
2. KoinOk -https://coinsutra.com/go/Koinok/
3. Koinex-https://coinsutra.com/go/Koinex/
4. Bitbns-https://coinsutra.com/go/bitbns/
5. Unocoin-https://coinsutra.com/go/Unocoin/
6. ZebPay-https://coinsutra.com/go/Zebpay/
7. Localbitcoins-https://coinsutra.com/go/Localbitcoins/
Do check out our other videos to learn more about Bitcoin and other Cryptocurrencies.
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https://www.youtube.com/watch?v=8L08um7TNAU