Many exchanges continue to reform and launch new financial products in order to attract users. The two methods of earning coins on the chain and simply earning coins are emerging products launched by the exchanges. The so-called earning coins on the chain means that the trading platform participates on behalf of investors. In DeFi projects, investors will directly receive rewards for participating in related projects, and simply earning coins is a product that helps users with free digital assets to earn coins at a low threshold. I want to figure out which one is to earn coins on the chain or simply earn coins. good? First of all, we need to know the difference between earning coins on the chain and simply earning coins? The main difference between the two is that they have different income methods and each has its own advantages. The editor will explain it in detail below.
Compared with earning coins simply on the chain, earning coins simply is easier to operate. Each has its own advantages, and the choice depends on the investor's personal preferences.
The advantage of earning coins on the chain is that users can participate in PoS staking or DeFi projects at any time without paying additional network fees. In addition, the trading platform will not charge service fees or commissions for participating in PoS staking or DeFi protocols, ensuring that users can obtain higher returns. At the same time, earning money on the chain is also highly secure because it only cooperates with verified third-party projects to ensure that users’ assets are effectively protected. This makes earning coins on the chain a reliable, efficient and safe investment method.
The advantage of Simple Money Earning is that its trading platform has a strict risk control system, leading security measures and advanced infrastructure to ensure the safety of user assets. In addition, the platform also provides 24-hour support, and users can subscribe and redeem assets at any time. The redemption operation of simple current currency earning can be credited immediately, while the redemption of regular simple currency earning can be completed within 30 minutes.
The difference between earning coins on the chain and simply earning coins lies in the source of income. The income from earning coins on the chain mainly comes from PoS staking and DeFi protocols. In PoS staking, after you participate in the blockchain network verification process, you will receive block rewards and transaction fees as benefits. In the DeFi protocol, you can get corresponding rewards by staking and providing liquidity to lending pools or decentralized exchanges. The source of income from simply earning coins is not specified.
Earning coins easily is divided into current and regular. Current refers to lending it to margin trading users in the lending market through Yubibao and obtaining income from it. Periodically, rewards based on the proof of equity mechanism and platform rewards are obtained through staking, with multiple sources of income.
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