#Binance us staking how to#

For more information, learn How to Buy & Sell Crypto or How to Deposit Crypto. For example, to stake DOT, your wallet must contain DOT funds as part of your available balance. Please note to be eligible for staking activities, you must already hold the cryptocurrency you want to stake in your Wallet. Log in to your account and visit the Binance.US Staking homepage.How do I stake Polkadot (DOT) on Binance.US? On web We are continually working to expand the list of supported staking assets while delivering high APYs on all our supported staking assets.

For the latest staking APYs, please refer to the Binance.US Staking homepage. Which cryptocurrencies are supported?īinance.US currently supports staking for the following cryptocurrencies.

The latter refers to the practice of bonding, or locking DOT in order to add new parachains. The Polkadot ecosystem includes an ecosystem of parallel chains, or “parachains” that bridge to a single base platform known as the “Relay Chain”.ĭOT, Polkadot’s native token, is used for governance in order to manage the protocol, as well as staking and bonding. Polkadot is a decentralized protocol designed to enable different blockchains to transact with one another. Please note depending on the asset you want to stake, an unstaking period may apply.īinance.US customers can now buy, sell, convert, or stake DOT in minutes on the best crypto platform for low fees. Unlike other platforms, all Binance.US customers can qualify for class-leading APYs, with no minimum amount you have to stake and no mandatory lock-up periods. Last month, we added Polygon (MATIC), as part of our quest to offer the widest selection of on-chain staking assets with the highest APYs. Since we released our enhanced Staking product in June 2022, we’ve committed to expanding our staking offering to include more highly-requested cryptocurrencies. We’re pleased to announce that starting today, customers can stake Polkadot (DOT) and earn up to 15% APY at launch - the highest on-chain staking rewards offered on any major U.S.

Binance us staking