Summary:
- Binance.US Becomes the Largest On-Chain Staking Provider in the U.S.
- Binance.US Offering Some of the Highest APY Among Major US Crypto Exchanges
Binance.US – America’s home to buy, sell, trade, stake, and convert digital assets – today announced that it has, in less than four months, become the largest on-chain staking provider in the U.S. by adding the SKALE ($SKL) and Threshold ($T) cryptocurrencies to its staking platform, bringing the total number of stakeable assets to 15.
Earlier this month – and prior to “The Merge” – Binance.US announced that Ethereum was available for staking on its platform, offering a starting annual percentage yield (APY) rate of 6%, higher than any other major U.S. crypto exchange at the time of this writing.
Unveiled just this past June, Binance.US Staking now offers 15 different cryptocurrencies, generating some of the highest rewards among major U.S. crypto exchanges.
The product simplifies the staking process through a user-friendly interface and includes an innovative feature allowing customers to auto-restake on select tokens, helping to compound the staking rewards earned, increasing the overall APY rate.
Binance.US continues to increase the total number of digital assets available to stake each week – including $ETH, $ADA, $DOT, $MATIC, and $NEAR, which most recently launched on the platform. In the last four months, Binance.US has unveiled several other customer-requested and industry-leading product offerings in addition to staking, including zero-fee BTC trading, $1 crypto purchases, and enabling the conversion of small crypto balances to BNB.
To learn more about how to stake $SKL, $T, and other digital assets on Binance.US, click here.
© Solana Daily Brief, Inc. All Rights Reserved. This article is for informational purposes only. It is not to be used as legal, tax, investment, financial, or other advice.