Waiting on Binance For Withdrawal of BUSD - Reset of 2FA Operations Doesn't allow you to Withdraw Your Tokens Until 48 Hours...

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Hey All;

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It's been a week that I entered the DeFi world with Cubdefi. I leveraged all the liquid LEO that I had close to 500+ LEO tokens to enter the
bLEO -BNB pool. The first day earnings were great and I was able to earn close to $50+ Entered the DeFi Party with $CUB & My One Day Earnings Crosses $50+...

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I'm now earning close to 8 to 10 CUBs daily which is worth $34+ Approximately; with $CUB trading around $3.4+ per $CUB token. Not that bad either & looking at the earnings potential and most importantly seeing how fast all the leofinance projects have shaped up, I feel confident investing in the DeFi of the world with Cubdefi..

Recently; I traded many of my alt. coins that were sitting ideal and were worth $1K+ for BUSD. I send all the 935 BUSD tokens to my Binance wallet address so that from there I could send BUSD to my BEP20 Binance Smart Chain address.

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But then there came a problem that stated; You cannot Withdraw until 46 Hours or so & this came as a surprise to me... Here is the message that was prompted...

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I need to wait another 6 hours before, I can withdraw my BUSD and start investing in the cubdefi pools. Once the wait time is over, I'm planning to enter the CUB-BUSD pool; currently, this pool is giving the highest APR which is close to 1,150+%. As stated earlier; I've already entered the bLEO-BNB pool and have some $CUBs in Den as well and this gets me close to $34+ worth of earnings which I'm further investing into the $CUB DEN...

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The above image showcases 113+ CUBs that have been staked and at the end of each day, I'm pooling in all the $CUB tokens to the DEN to enhance my harvesting ratio for the $CUB token.

Finally; once the wait for the Withdrawal of BUSD is over, I'll be investing in close to $1k+ in cubdefi pools. Due to this withdrawal issue which I was unaware of I already wasted two days of harvesting the $CUB token.. But then there is a saying all that happens is for good. Had I invested like two days earlier the price of $CUB token was like $4.5+ and now when I look at its price it's close to 1$ less.. so I believe that it was for good sake and I'm looking forward to entering the CUB-BUSD LP pool pretty soon..

Best Regards

Have Your Say...

On the DeFi buzz and how are your $CUB tokens earnings looking like? What would be your recommendation to me on investing worth $1k+ in cubdefi pools...

Best Regards

PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I had an interest in the LEO/cubdefi project and had bought some tokens, entered some of the DeFi pools; that's iT.

PS:: Image Credits:: leofinance, cubdefi, binance

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Sometimes extra security means extra delays due to increased number of steps. That's a trade off you have to face @gungunkrishu.

For $1k, you can easily make $15-$20 daily or probably more if the $CUB prices rise. I think that's a great return on investment. You can make more if you re invest or compound your $CUB tokens in $CUB den which makes your more cubs and there is no deposit fees for that Den. While investing in farms you need to keep Impermanent Loss in mind which doesn't apply to BUSD-USDT, since that's a pair of stable coins.

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thanks @finguru for your valuable inputs.. Yes definitely; I'm going to enter the CUB-BUSD pool; let's see what it has for me. cheers

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I am still learning - seems a little complex as I explore. So now one can buy CUB only from exchange as I understand. But how come the price dropped so less to 1$ ?

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No the price didn't drop to 1$... What I meant to say that if I had invested like two days ago, I would have bought $CUB for $4.5+ but due to the withdrawal issue now I can buy the same for 1$ less.. $CUB is trading for $3.5+ at the moment. Keep learning the DeFi space it's interesting and I guess with lefinance it should be even safer.. as we all here on HIVE know about how leofinance have picked up projects and most importantly delivered on the same. cheers

$CUB token was like $4.5+ and now when I look at its price it's close to 1$ less.

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So, did it work after the waiting time?
Those are some pretty solid returns for staking your CUB, congratulations! :)

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