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:
- Register for the online masterclass
- Send in a question about staking or trading here
- Follow the official Binance Australia Twitter Account
- Join the Binance Australia Telegram group
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