Staking Crypto: How It Works
In addition, the exchange supports DeFi staking, where it accommodates cryptos such as DAI, Tether (USDT), Binance USD (BUSD), BTC and Binance Coin (BNB). Staking rewards on these networks range between five and ten percent annually. For example, those using Binance Staking enjoy an APY (annual percentage yield) of 2.9%, as of March 2022. To...