Many of you know that apart from affiliate marketing, I also trade crypto for wealth creation. Did you know that you can also put your crypto to work for you and earn outstanding interest on your coin and NO it is not trading?
So what is staking crypto? Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. Don’t worry if you don’t understand this yet you can still make money with the Cake Defi Platform, they have made it really simple to use. You don’t need to understand how blockchain or crypto works to make money from it.
I am currently earning 37% APY on mine and to top it all off the platform that I will be reviewing today also has an excellent affiliate program. Yes, at Pool by Cake, anyone can make passive money online easily by staking crypto, Cake has a really easy to use platform that is trusted so anyone can MMO.
Is Staking Crypto Worth It?
In a word, YES. All you have to do is stake (buy & hold) some coins to earn some rewards or interest. The actual profits you can make from staking will depend on how much you invest, for how long and which coin you stake. You can learn how to stake your coin yourself on the DeFi Chain, or you can trust someone like Cake to do it for you. I choose the simple approach and trust Cake.
Pool by Cake Review
Price: Free to Invest
Founders: Cake was founded at the beginning of 2019 by Dr Julian Hosp and U-Zyn Chua
Overall Rank: Two Thumbs Up
Pool by Cake Product Overview
Cake is a platform that empowers you to control your finances by creating cashflow and harnessing Decentralized Finance’s potentials.
Cake offers a range of DeFi products, podcasts and educational videos you can use to achieve financial freedom.
How does it work?
Watch this 3-minute video.
Hold your cryptocurrencies and put them to work at the same time. Cake is the first fully transparent platform that generates constant cash flow for you.
The Good & the Bad
- Easy to use – Great platform, 100% transparency.
- Easy to deposit – Direct deposit crypto or purchase on the platform, various methods.
- No minimum amount to invest – Because money is pooled, you can stake any amount.
- No time limits – You can stake and unstake your crypto at any time.
- Affiliate program – Earn real money just for recommending people.
- 100% Transparency – You can see exactly how your money is put to work.
- Other services offered – You can also invest other ways apart from staking.
- Automation – Earning rewards is made easy with automatic real-time compounding.
- Confectionary Program – Get extra benefits for upgrading (staking higher amounts)
- I have not found anything bad about Cake, I have been personally using them for around 4 months, and my experience has been faultless. I have actually been paid more sometimes than what has been stated so can’t complain.
Don’t just take my word for it though look at Trustpilot and see what they have to say. They have well over 50 positive reviews with 4.7 stars out of 5 and No negative reviews.
Who is Pool by Cake For?
Cake is for anyone who wants to invest, yes it is crypto-based, but they have made it really easy for anyone to start investing even if you don’t know crypto. You can start investing right from the platform with easy deposit methods, credit card, Poli etc…
If you are HODLing Crypto why not put it to work and earn extra money on your crypto? Pool by Cake is for anyone who wants to make money online easily.
It really is passive income. Crypto has huge potential for capital gains, and with cake, you can take advantage of that and earn extra as well. If you want to make money online, Pool by Cake is a No Brainer.
Pool by Cake Provided Services
Pool by Cake has 4 options for Making Money.
- Lapis Service
- Liquidity Mining
- Referral program
Benefits can also be gained from upgrading in the confectionary program.
Please watch the videos below to get an understanding of each service.
Cake’s Bitcoin Lapis detailed explanation
DeFiChain Liquidity Mining explained (incl. risks)
Pool by Cake Support
I have found support at Cake to be excellent, I had a few issues when I first joined, I sent a support ticket, and they answered and solved my issue very promptly. There is a Support tab with FAQ on the footer of the website, this is quite comprehensive and should answer most of your questions, if not just submit a ticket.
You can also check out their communities on social media.
My Final Opinion of Pool by Cake
The easiest and safest way to stake your coin and make some money online is with Pool by Cake. I personally invest at Cake. I use all their services, Lapis, Liquidity Mining and Staking. I would highly recommend them, they are 100% transparent and provide excellent support.
Even if you are a complete noob, I would still recommend you give them a go because where else can you make between 8% – 200% APY on your investments and if you use my referral code 921297 you can get $30 worth of DFI for FREE.
Crypto has provided some excellent opportunities for the everyday bloke to make some serious money investing. Pool by Cake has made it easy for the average person to get involved in crypto investing. You don’t need to understand how crypto works to make money from it.
Sign up bonus
When you sign up for a Pool by Cake account and make your first deposit of $50 or more in value (with any coin), you will receive a bonus of $20 worth of DFI. This bonus will be locked up for 180 days in the Confectionery program and automatically yields staking returns during this time.
If you use a referral code, both you and your referrer will receive an extra $10 worth of DFI, which will also be locked and staked in the Confectionery program.
What is staking crypto?
At a fundamental level, “staking” means locking your crypto assets in a proof-of-stake blockchain for a certain period of time. These locked assets are used to achieve consensus, which is required to secure the network and ensure every new transaction’s validity to be written to the blockchain. Those who stake their coins in a PoS blockchain are usually called “validators.” For locking their assets and providing services to the blockchain, validators are rewarded with new coins from the network.
Verdict – 100% Legit
Fair Dinkum, Staking Crypto is a real thing, and Pool by Cake is a 100% legitimate way to do it. If you want to make some passive income I can highly recommend Pool by Cake because you can have your cake and eat it too, what are you waiting for get your slice.
Pool by Cake will make you passive income; all you have to do is open your account and start investing. You don’t need to build a list. You don’t need a website, and you don’t need to sell anything, invest and get rewarded.
What are you waiting for grab your slice, it tastes GOOD?
I Love Cake
DISCLAIMER: I am not a financial advisor. This is not financial advice. The content and material I provide on ozaffiliate.com is my opinion only and general in nature. Always do your own research before investing any money. You should always understand the risks involved in trading and investing and seek advice from licensed professionals before undertaking any investments of your own.