How To Make Your Money Work For You Using BNB, Solana And Caged Beasts

How to make your money work for you in cryptocurrency is a never-ending question with the never-ending list of possible ideas drummed up by people. But one increasingly popular route is through earning passive income, via staking or crypto referrals. The three examples we’ll look at today are BNB (Binance Coin), Solana (SOL), and Caged Beasts (BEASTS).  

Staking is a process that allows cryptocurrency holders to participate in the consensus mechanism of a blockchain network. By staking their digital assets, investors contribute to network security and receive rewards in return. These rewards are typically paid out in the form of additional tokens. 

Staking With BNB: 

BNB, the cryptocurrency created by Binance, has become a major player in the crypto world with a big market value and widespread use. If you have BNB, you can make some passive income through staking. Binance has different ways for you to stake your BNB, like Flexible Savings and Locked Staking. 

Flexible Savings is a cool program from Binance where you can stake your BNB for however long you want. It's flexible, so you can deposit and withdraw your money whenever you feel like it. Plus, while your BNB is staked, you'll earn interest on a daily basis. It's a great option if you want to have some liquidity and be flexible with your investment. 

Locked Staking is another way to stake your BNB on Binance. When you choose this option, you agree to lock your BNB for a specific period, usually a few weeks or months. By locking your tokens, you'll get higher rewards compared to Flexible Savings. So, if you're willing to commit for a longer term, you can make even more money by staking your BNB this way. 

Binance has made it easy for BNB holders to earn some extra income through staking. Whether you prefer the flexibility of Flexible Savings or the potentially higher rewards of Locked Staking, there's an option for you. Just remember, do your research and understand the risks before you jump into staking your BNB. 

Solana Staking Can Be A High Reward Gain: 

Solana is a super fast and efficient blockchain platform that's famous for its ability to handle lots of transactions without charging you a fortune. It's awesome because it lets you stake SOL, their own cryptocurrency, and earn passive income while helping to secure the network. 

To keep everything running smoothly, Solana relies on validators. These validators are like the guardians of the network, making sure transactions are legit and the blockchain stays safe. As an investor, you can give your SOL tokens to these validators, and in return, you'll get some staking rewards. The amount you earn, called the annual percentage yield (APY), depends on the specific validator and how things are going in the market. 

But that's not all! Solana also offers another way to stake your SOL tokens through decentralised exchanges (DEXs). These DEX platforms have cool things called liquidity pools, where you can throw your SOL tokens and get involved in the action. By doing that, you not only earn trading fees but also get extra token rewards. Just be aware that staking through liquidity pools comes with some risks, so make sure you're using reliable DEX platforms that you can trust. 

Refer Your Friends To $BEASTS To Earn Rewards 

Caged Beasts has an awesome crypto referral program that's a win-win for everyone. Here's the deal: You can refer someone by making your own special referral code. When someone buys BEASTS tokens with your code, you get a 20% cut of their deposit in ETH, BNB, or USDT sent straight to your wallet. And the best part? The investor who uses your code also gets a cool bonus of 20% extra BEAST tokens. 

Caged Beasts is still in its early stages, but they're getting ready to kick off this awesome presale event. It's a golden opportunity for all you potential investors out there. During a presale, you can snag tokens at discounted prices and they even throw in some extra incentives to sweeten the deal. 

For more info on Caged Beasts, check out: 

Website: https://cagedbeasts.com  

Twitter: https://twitter.com/CAGED_BEASTS  

Telegram: https://t.me/CAGEDBEASTS