What is Flexible Staking?
Staking is the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network. Users are rewarded for simply depositing and holding coins on Binance.US as they normally would.
LearnFlexible Staking is the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network. For more on staking, please refer to Binance Academy.
For the TraderTransact, trade, participate, and utilize your tokens on Binance.US normally, all while earning rewards based on daily balance snapshots for each staking-supported chain.
EarnReceive rewards distributions monthly, calculated based on a user’s pro-rata share of total balances held by Binance.US users that generated the corresponding staking rewards during the given month.
Why stake with Binance.US?
With staking on Binance.US, users can receive staking rewards all while just being a regular Binance.US user. For all users, this means more freedom & accessibility into staking participation for all chains, without giving up full liquidity.
Lower BarriersUsers will earn staking rewards without needing to set up nodes, worry about minimum staking amounts, time lengths, or any catches. Just keep a balance in your Binance.US account and earn!
Additional BonusesAdditionally, Binance.US will support, in conjunction with project teams, additional promotional rewards to incentivize users to stake on Binance.US. These rewards will be distributed on a case-by-case basis.
Maximum RewardsWe believe that users should earn the full amount of rewards on their deposits. Upon launch, Binance.US will not be charging a fee on any staking operations. We will work to maximize the amount earned via staking while maintaining industry-leading security.
QWhat is Flexible Staking?
AStaking is the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network. For more on staking, please refer to Binance Academy.
QHow can I Participate in Binance.US Staking?
ADeposit supported coins into your Binance.US account today and start earning - it’s that simple!
QWhich coins do we currently support?
ABinance.US currently supports staking for Cosmos (ATOM) and Algorand (ALGO).
QWill Binance.US be charging any fees?
ABinance.US will not charge any fees for staking. Our philosophy is simple - we want users to earn the most they can get - and all rewards we receive will be shared to our users. However, we cannot ensure or guarantee any rewards, but we will try to optimize such that users get an optimal amount of rewards.
QCan I trade while Flexible Staking?
AYes, you will always be able to trade any coins you have. However, once a trade is filled, the amount of staked balance will change, and the corresponding rewards that you will earn from daily snapshots will change accordingly. You can trade to accumulate supported staking coins, as well as sell them at any time.
QHow can I stop Flexible Staking? Is there a lock-up period?
AUsers accrue staking rewards from simply holding coins on Binance.US. Simply sell or withdraw any supported coin at any time to stop receiving staking rewards on Binance.US. Currently, there are no lock-up periods as of this time for the current supported coins, to reduce the friction for user participation in staking. Instead, there is a 24-hour “wait” period before balances are accounted for during our daily snapshots, to deter manipulation of balances within seconds of snapshot times.