Binance US Adds Staking Services for 7 Different Crypto Assets

Binance US is now offering crypto staking services and the firm details that seven digital currencies are now available with annual percentage yields (ASPy) up to 18% Customers can earn yields on proof-of-stake (PoS) cryptocurrencies that include Binance coin, Solana, Avalanche, Livepeer, Graph, Cosmos and Audius.

Binance US Adds Staking Services for 7 Different Crypto Assets

Binance US explained the company is now joining the ranks of the variety of crypto exchanges that offer staking services "Binance US has officially launched staking empowering customers to do more with their money"

Now, Binance US is offering staking services for seven different crypto assets which include BNB, AUDIO, AVAX, SOL, ATOM, LPT, and GRT. Binance US shows that BNB now offers an annual percentage yield (APY) of around 6.4 % and LPT's staking rewards is 18% when an individual on Twitter asked Binance US if they can "expect more options in the future?" the exchange replied "YES"

Binance US getting into the game of staking services the firm joins competitors like Crypto.com Kraken, Gemini, Coinbase, FTX, Tradestation, and other trading platforms that offer staking services for customers Also centralized exchanges. crypto users can stake coins in a non-custodial fashion by leveraging decentralized finance (DeFi) application and delegating coins directly to PoS network validators.

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