I personally find it easier staking directly on Binance even though they probably take a cut. Iran Aims to Roll Out Pilot Version of Crypto Rial Within 2 Months ![]() Harmony’s $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says AnalystĬrypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure ![]() Locked Staking will return the staked tokens to users’ spot wallets after the agreed period ends or early redemption, but the value of tokens fluctuate and. When the market drops, users can choose to keep staking the tokens or early redemption. Yuga Labs Sues Artist Ryder Ripps for ‘Scamming Consumers’ and Misusing Bored Ape Trademarks Yes, Binance Locked Staking will guarantee the principal (in token count nor fiat value) to users. SEC Chair Gensler Proposes ‘One Rule Book’ Crypto Regulation In addition to centralized exchanges, crypto users can also stake coins in a non-custodial fashion by leveraging decentralized finance (defi) applications and delegating coins directly to PoS network validators. With Binance US getting into the game of staking services, the firm joins competitors like, Kraken, Gemini, Coinbase, FTX, Tradestation, and other trading platforms that offer staking services for customers. When an individual on Twitter asked Binance US if they can “expect more options in the future?” the exchange replied: “Yes. Binance US shows that BNB currently offers an annual percentage yield (APY) of around 6.4% and LPT’s staking reward is 18%. crypto firms,” the exchange added.Ĭurrently, Binance US is offering staking services for seven different crypto assets, which include BNB, AUDIO, AVAX, SOL, ATOM, LPT, and GRT. “Customers can now stake while generating an APY of up to 18%, the highest rate among U.S. “Binance US has officially launched staking, empowering customers to do more with their money,” the company detailed on Tuesday. On Twitter, Binance US explained the company is now joining the ranks of the variety of crypto exchanges that offer staking services. Customers can earn yields on proof-of-stake (PoS) cryptocurrencies that include binance coin, solana, avalanche, livepeer, graph, cosmos, and audius. Access the Finance tab, click on BNB, and start earning daily staking rewards in BNB. ![]() Binance US is now offering crypto staking services and the firm details that seven digital currencies are currently available with annual percentage yields (APYs) up to 18%.
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