When customers stake on Binance.US, we initiate the staking process on their behalf and securely store their assets in offline cold storage wallets and stake them to nodes run by our third-party staking providers. 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.Īs with all our products, we built our staking platform with important security and safety features in mind. Staking is one of the most popular ways for crypto holders to grow their funds without trading. “Staking represents the first of many new innovations that empower consumers to do more with their money.” “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. The dashboard and user experiences were designed to provide best in class solutions so users can more easily track their earned staking rewards. Through this new platform, customers can stake a broad selection of tokens while generating competitive rewards rates.īinance.US Staking will also allow customers to automatically restake the rewards they receive on a weekly basis. This article was updated on April 21, 2023, for accuracy and clarity.īinance.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.
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