Learn how to stake Algorand, how to unstake Algorand, how to convert ALGO to YLDY, and more!
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#HowToStakeCrypto #StakeAlgorand #Yieldly
How to Stake Algorand and Unstake Algorand on Yieldly
In order to learn how to stake Algorand on Yieldly, you’ll need some Algorand in a wallet. For today’s lesson, we’ll be using the Official Algorand wallet, link here: https://algorandwallet.com/
Or, you can use the MyAlgo wallet here: https://wallet.myalgo.com/
After downloading an Algorand wallet, you’ll want to buy some Algorand (ALGO). The best places I’ve found to buy Algorand are:
– Coinbase: https://bit.ly/coinbase-bitcoin-10
– OkCoin: https://bit.ly/okcoin-50
– Binance.us: https://bit.ly/binance-us-20
– Binance.com (outside US only)
After loading your wallet up with some ALGO, you’ll need to connect your wallet to the Yieldly website to start earning passive income.
What is Yieldly?
It’s a win-win, no-loss prize system that pays its users in ALGO, YLDY, OPUL, GEMS, SMILE, (and more) tokens. Every week, users who have opted-in to stake their Algorand are entered into a lottery/raffle for a chance to earn up to 29,000 ALGOs!!! Each week, as long as you have some ALGOs staked, you’re entered to win.
More special offers:
Get $15 in Bitcoin w/ $100 deposit: https://bit.ly/gemini-15
Get $10 in Bitcoin w/ $100 deposit: https://bit.ly/nexo10
Get $10 in Bitcoin w/ $100 deposit: https://bit.ly/blockfi-10
Links in the description are typically affiliate links that let you help support the channel at no extra cost. I’m not a financial advisor. You should always do your own research and make your own financial decisions. This video is for entertainment purposes only.