Crypto 360°

SmartBCH Staking vs CEFI Custody

I just started using SmartBCH by bridging a small amount of BCH using CoinFlex, swapping BCH for EBEN then staking EBEN on BenSwap.

I have always been aware that the theoretical returns in DEFI are much higher than what CEFI companies offer, but I have been turned off from experimenting with ETH due to high gas fees & the fact that I need to purchase a different coin (ETH). Now that I can do all of this on BCH, I can use smartBCH for staking instead of CEFI accounts. DEFI has always been something I have steered away from. Now that I can explore DEFI using my favorite crypto, I am eager to try but I am fearful of the risk compared to CEFI.

Is SmartBCH considered stable?

Is CoinFlex trustworthy or should I wait for the decentralized bridging to be completed?

submitted by /u/dcblazin
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source https://www.reddit.com/r/btc/comments/pmfuou/smartbch_staking_vs_cefi_custody/

Hip Hop Star Ja Rule Discusses the Growing NFT Space and Crypto — 'I Like the Fact That Bitcoin Is Decentralized'

submitted by /u/JonyRotten
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source https://www.reddit.com/r/btc/comments/pmf0ov/hip_hop_star_ja_rule_discusses_the_growing_nft/

True Story

submitted by /u/rey4486
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source https://www.reddit.com/r/btc/comments/pmezvd/true_story/

Let's see the government picture.

https://read.cash/@francis105d1/lets-see-the-government-picture-b2c001ed

https://preview.redd.it/e7ho4wfonxm71.jpg?width=700&format=pjpg&auto=webp&s=9253e28cdfc8f88a8a334a9077a401b329825a4c

submitted by /u/francis105d1
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source https://www.reddit.com/r/btc/comments/pmeosn/lets_see_the_government_picture/

Dual asset

Has anyone tried out dual asset mining on bybit? I know it’s kind of a new thing but it just seems a little sketch to me. I get the 255.5% apy seems really tempting but when actually see how you are getting your returns the next day it really seems like in the long term you will be losing money instead of gaining. I really don’t understand it that much but it seems like with the floating returns you really won’t make with the returns as it is advertised. Anyone have any thoughts or opinions on this?

submitted by /u/Antique_Carob_8470
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source https://www.reddit.com/r/btc/comments/pmeggc/dual_asset/