Binance Australia Online Masterclass – Introduction to Staking on Binance

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Binance Australia is hosting a Binance Online MasterClass with Victoria-based Australian trader – Damien Jones, covering the topic – Staking.

When

February 23rd 2021, 17:00 – 18:00 (AEDT) / 16:00 – 17:00 PM (AEST).

Where

Zoom: https://zoom.us/j/95133221897

Livestream via Binance Youtube Channel: Link announced at a later date on Binance Australia’s social media pages.

Facilitators

Guest Speaker: Damien Jones will be joining us as our special guest mentor. Damien has been involved in cryptocurrency since 2017. He is an experienced trader, entrepreneur, crypto investor, and a long-time Binance Angel in Australia. He has 10 years of trading experience from trading shares and more recently, has been facilitating conversations surrounding crypto in local communities.

Host: James Prosser will be the host for the Staking Masterclass. James has been investing and trading cryptocurrency since 2017 and is also a member of the Binance Australia team.

What will I learn?

  • What is Staking

We’ll kick it off with an introduction to staking. Staking is a less resource-intensive alternative to mining and is a more beginner-friendly way of ‘locking’ cryptocurrencies to receive rewards.

  • Types of Staking

Learn the different types of staking and find out which type suits you the most. We’ll cover Proof of Stake (POS), Defi Staking, Flexible Staking + Locked Staking.

  • What is ‘Yield Farming’, ‘Liquid Swap’ and ‘Saving’

Learn the concepts and differences between Yield Farming, Liquid Swap, and Saving.

  • Pros & Cons of Staking

Damien will be sharing the pros and cons of staking, as well as some potential risks to keep in mind.

  • How to Stake on Binance

A step-by-step guide of how to stake on the Binance platform and how to deposit AUD directly into your Binance account via PayID/Osko.

Whether you are an experienced trader or just starting out, you’ll definitely pick up something useful from this Masterclass.

Learn and Win!

3 x participants will receive exclusive Binance swag (Binance T-shirt + Binance socks) when they complete the following tasks:

  1. Register for the online masterclass
  2. Send in a question about staking or trading here
  3. Follow the official Binance Australia Twitter Account
  4. Join the Binance Australia Telegram group

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