Binance.US Launches New Staking Product,Earning up to 18% APY
Binance.US - America’s home to buy, sell, trade, and convert digital assets with some of the lowest fees in the industry - today unveiled its new staking platform, Binance.US Staking, with an “auto-restake” feature. Through this new platform, customers can stake a broad selection of tokens while generating an annual percentage yield (APY) of up to 18%, the highest rate among US crypto firms.
Binance.US Staking will also allow customers to automatically restake the rewards they receive on a weekly basis, ensuring a high APY through compounding. The dashboard and user experiences were designed to provide best in class solutions so users can more easily track their earned staking rewards.
“We’re putting our seed round funding to work and keeping our promise to introduce new products and services that customers want,” said Brian Shroder, President and CEO of Binance.US. “Staking represents the first of many new innovations that empower consumers to do more with their money.”
Staking is one of the most popular ways for crypto holders to grow their funds without trading. Independent staking can be a daunting process, especially in volatile markets, which is why Binance.US simplifies the staking process through a user-friendly interface, allowing customers to stake and auto-restake in only a few clicks.
Multiple supported Proof-of-Stake cryptocurrencies are available immediately on Binance.US Staking, including Audius (AUDIO), Avalanche (AVAX), BNB, Cosmos (ATOM), Livepeer (LPT), Solana (SOL), and The Graph (GRT), with more supported tokens being added to the platform in the near future. Binance.US Staking is the destination of choice for customers looking to maximize earnings rewards on their assets. To get started with Binance.US Staking, click HERE.
How to Stake and Unstake Crypto on the Binance.US website (Tutorial Video)
How to Stake and Unstake Crypto on the Binance.US app (Tutorial Video)