Binance US is currently offering crypto staking, and the company details that seven cryptocurrencies are now available with an annual percentage yield (APY) of up to 18%. Customers can profit from 7 proof-of-stake (PoS) cryptocurrencies.
US Binance Adds Staking Service
On Twitter, Binance US explained that the company is now joining the ranks of diverse crypto exchanges offering staking services. “Binance US has officially launched staking, allowing customers to do more with their money,” the company detailed. “Customers can now stake while generating APY up to 18%, the highest rate among US crypto companies,” the exchange added.
Binance US currently offers staking services for seven different crypto assets, including BNB, AUDIO, AVAX, SOL, ATOM, LPT, and GRT. Binance US shows that BNB currently offers an annual percentage yield (APY) of around 6.4% and an LPT staking reward of 18%.
Can expect more choices in the future
When an individual on Twitter asked Binance US if they could “expect more options in the future?” The exchange replied: “Yes. More will come.”
With Binance US entering the staking services game, the company joins competitors such as Crypto.com, Kraken, Gemini, Coinbase, FTX, Tradestation, and other trading platforms bets for customers. In addition to centralized exchanges, crypto users can also stake in a non-custodial way by leveraging decentralized finance (defi) applications and delegating funds directly to network validators PoS.
Binance US is the US partner of the world’s largest cryptocurrency exchange by trading volume, Binance. According to coinecko.com data, while Binance is the largest in the world by volume, Binance US is the 15th largest.
Parent company Binance is facing scrutiny from the US Securities and Exchange Commission (SEC). The alleged investigation is whether the crypto asset bitcoin (BNB) is unregistered security?
Coincu News will update the latest news on the market.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Binance US Adds Staking, More Options In The Future?
Binance US is currently offering crypto staking, and the company details that seven cryptocurrencies are now available with an annual percentage yield (APY) of up to 18%. Customers can profit from 7 proof-of-stake (PoS) cryptocurrencies.
US Binance Adds Staking Service
On Twitter, Binance US explained that the company is now joining the ranks of diverse crypto exchanges offering staking services. “Binance US has officially launched staking, allowing customers to do more with their money,” the company detailed. “Customers can now stake while generating APY up to 18%, the highest rate among US crypto companies,” the exchange added.
Binance US currently offers staking services for seven different crypto assets, including BNB, AUDIO, AVAX, SOL, ATOM, LPT, and GRT. Binance US shows that BNB currently offers an annual percentage yield (APY) of around 6.4% and an LPT staking reward of 18%.
Can expect more choices in the future
When an individual on Twitter asked Binance US if they could “expect more options in the future?” The exchange replied: “Yes. More will come.”
With Binance US entering the staking services game, the company joins competitors such as Crypto.com, Kraken, Gemini, Coinbase, FTX, Tradestation, and other trading platforms bets for customers. In addition to centralized exchanges, crypto users can also stake in a non-custodial way by leveraging decentralized finance (defi) applications and delegating funds directly to network validators PoS.
Binance US is the US partner of the world’s largest cryptocurrency exchange by trading volume, Binance. According to coinecko.com data, while Binance is the largest in the world by volume, Binance US is the 15th largest.
Parent company Binance is facing scrutiny from the US Securities and Exchange Commission (SEC). The alleged investigation is whether the crypto asset bitcoin (BNB) is unregistered security?
Coincu News will update the latest news on the market.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
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