Is staking profitable on small amounts? comparing to fees?

Cryptocurrency News and Public Mining Pools

Is staking profitable on small amounts? comparing to fees?

Is staking profitable on small amounts? comparing to fees?

Is staking really profitable on small money if you have to pay for tax soft later?

I see a few offers like staking USDC

Earning rate

4.10% APY

Invest weekly

let's say it is something small, $100 or $10 (can be more later)

so is well get pennies weekly, which will increase my number on transactions.

Now, end of the the year, I will need a tax software, which price will depend on the transaction number.

and it can be free, $50 or $500 based on just that.

Did you have any experience?

https://preview.redd.it/hwijzh6dkhff1.png?width=2021&format=png&auto=webp&s=28d958077f876a70b0424f70329335253420c0d4

submitted by /u/my-ka
[link] [comments]