Binance Australia Online Masterclass – Introduction to Staking on Binance


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


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



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


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

Keep up with the latest promotions and events exclusive to Australia!

Follow Binance Australia on socials for the latest updates:




Go to Source