Binance.US Becomes the Largest On-Chain Staking Provider in the U.S., Offering Some of the Highest APYs Among Major U.S. Crypto Exchanges

Note: This article was last updated on April 19, 2023, for accuracy and clarity.

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 assets available for staking to 15. Earlier this month – and prior to “The Merge” – Binance.US announced that Ethereum was available for staking on its platform.

Unveiled just this past June, Binance.US strives to offer competitive staking rewards rates that compare to other major U.S. staking platforms. 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 rewards 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.

Legal disclaimer: This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; and (2) relied upon for any investment activities. All information is provided on an as-is basis and is subject to change without notice, we make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability or completeness of any such information. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. Binance.US shall not be liable for any consequences thereof.

Share this article: Link copied to clipboard!

You might also like...