This afternoon I got around t verifying my Binance account which is something I have procrastinated on putting it off for a few months now. I never really had plans for using it much during this Bull cycle as the plan was to keep HIVE internally swapping out between HBD and HIVE. That obviously was not going to work and benefiting from the swings in real time has to happen on an exchange.
A little disappointing yet it s not a train smash as who would have thought we are earning a coin these days that is being constantly pumped. Having these price rises and drops twice weekly means we have the opportunity to grow our HIVE bags in a way that I was not banking on or expecting.
What I did notice and have read other posts from other members of the community about the APR offered to HIVE in the flexible earning on Binance. 44.07% is a large number for now and even if this halves is still a very good number which means you can have your HIVE earning rewards whilst waiting patiently for the price to rise. The key is the Flexible savings which is staking without restrictions meaning your funds are available whenever you need them.
Flexile savings is normally offering a far less APR and why the 44.07% is that good for now. There is no lock up period and this is as good as trading in many ways. Just compare against the other crypto what the APR is for flexible and do not compare against Spell as who knows what that is and sounds super high risk lol. I have some other of my portfolio in flexible staking and he earnings here re so small you wonder if it is even worth the effort. 20K HIVE in flexible would offer you 24 HIVE daily which is roughly $10. This is too good to be true and will be sending some liquid HIVE over this evening to take advantage of this.
This is another stream where HIVE can be earned if you have stake and has to be seen as a big win for everyone on HIVE. One could be growing their HIVE stake outside the eco system now and something that was not available 3 months ago. We all know about the posting and curation rewards, but this could potentially be a game changer for those looking to get ahead on HIVE and climb the rankings.
This also got me thinking how many people who have never held HIVE before and are now actively trading the pumps and are using the flexible APR that is on offer whilst waiting for the next pump. I cannot think of a more lucrative way of earning whilst doing this repeatedly over the coming months. It does not matter if the APR drops down to even 10% as that would still be very good.