Binance Yield Farming Experience
Hi Everyone, Lately,I have been testing out **CEFI of Binance** after testing **DEFI of Tron.** I have to say,things are starting to get interesting in this crypto sphere.
To start with,many people thought Decentralised Exchanges are going to kill Centralised exchanges because of **DEFI** and 'safety of assets'. But CZ **Binance** responded with **Centralised** Finance where you can save specific assets to yield farm the coins. So,I was very eager to save my assets in **Binance** as it is considered 'the safest exchange' And...I checked for the assets I can save to yield farm the new coins. Currently Supported Assets are **BNB** of course,**BUSD**,**ARPA** & **ONT**..
For 2 days,I saved 850 **ONT (650$)** to check out how much I can farm from **Binance CEFI**. All you need to do to yield farm is to transfer either of the assets which is supported by **LaunchPool** from **Spot Wallet to Saving Wallet**. And I got back **7$** worth of **WING** token every 24 hours! I must say,it is pretty good farming rate. But you have to note that,each asset farm different assets. If you save **ONT**,it will farm **WING** and **ARPA** for **BELA**. But if you save **BNB** and **BUSD**, you will be able to farm both **WING** and **BELA** at the same time but pool amount differs which you can check for yourself in the saving page here . https://www.binance.com/en/lending#lending-demandDeposits If you are scared of price fluactuation ,you can save **BUSD** only and it will still farm **BELA** and **WING** for you . That's all. If you have any question regarding this **CEFI** farming,pls comment below and if you want to know about **SUN** coin yield farming on **TRON**,read here . https://read.cash/@Khant/how-to-mine-sun-with-almost-little-to-no-risk-full-guide-be37ebc4 If you want trading setups,follow me on tradingview where I usually posts charts there **https://www.tradingview.com/u/tikyikhant/** **Ways to Earn** **If you want to blog in alternative site to Publish0x, Register at** ****readcash******.** https://read.cash/r/Khant **Learn how to take part in Millions of TRX giveaway** ****here**** **.** https://www.publish0x.com/airdrops-bounties/millions-of-trx-giveaway-from-tronlink-xvrdrjo **Still using Laggy Broswers like Chrome/Opera & Firefox?Uninstall them at once and Install Better Browser with AD blocker** ****Brave**** **Get paid for searching on web with** ****Presearch**** **.** https://brave.com/mqv544 https://presearch.org/signup?rid=1766597 **Blockchain game LibraDragon ,Play and Earn Libra tokens .Learn** ****here**** **.** https://www.publish0x.com/airdrops-bounties/blockchain-game-libradragon-play-and-earn-ldt-xropeqr
11 comments
Nice, I have been wanting to try it myself but I have been so busy. Must get to it!
let me know if u have any question regarding this
I checked it out briefly a few days ago, seems pretty straight forward...no opportunity makes it's way past CZ! Binance always jumping on everything :)
CZ still got one more in him as always
The competition is getting higher and higher Exchangers must have this new strategy to win this traders. Low fees will win 😂
binance takes no fee for this farming ;o
I will pass this one on Binance!
Wow its very good. Every man should have a definite aim. It's perfectly reach his goals. Firm is the best busniess of our self employment. Thank you so much for sharing your information. I have been also happy get this information.
It is very nice that all people have a goal and you have reached that goal. And this is a frame where people can establish themselves through their actions. In addition to this post, I think all people should have a goal and it is very important to reach that goal without listening to any call until we reach that goal. We have to think that if our goal is right and honest then we should reach there
I was reading about CEFI on Binance literally 2 minutes ago and was wondering how. Then I got on your article that explains it. Awesome. I will also give it a try. Thanks for sharing.
you re very welcome