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      Binance.US Adds NEAR Protocol (NEAR) Staking With 11.1% APY in Rewards

      Binance.US's logo Binance.US Spt 14, 2022 15:16:30

      Customers can now stake NEAR Protocol (NEAR) and earn up to 11.1% APY at launch — the highest APY available on any major U.S. crypto platform. 

      Binance.US customers can now buy, sell, convert, or stake NEAR in minutes on the best crypto platform for low fees. Advanced Trading is available on the NEAR/USD, NEAR/USDT, and NEAR/BUSD pairs. 

      What is NEAR Protocol (NEAR)?

      NEAR Protocol is a decentralized development platform that uses a Proof-of-Stake (PoS) consensus mechanism. The platform was created to offer developers an easy way to build decentralized applications that can scale to mass usage.

      NEAR is the native currency of the NEAR protocol. It is primarily used for security and to pay for network fees.

      Which cryptocurrencies are supported?

      Binance.US currently supports staking for the following cryptocurrencies. For the latest staking APYs, please refer to the Binance.US Staking homepage. 

      We are continually working to expand the list of supported staking assets while delivering high APYs on all our supported staking assets. 

      Minimum Staking Limit

      Maximum Staking Limit

      Unstaking Period (Days)

      Audius (AUDIO)

      0.01

      85,000

      21

      Avalanche (AVAX)

      0.01

      8,000

      0

      Band Protocol (BAND)

      0.01

      11,000

      21

      BNB

      0.01

      10,000

      7

      Cosmos (ATOM)

      0.01

      20,000

      21

      Ethereum (ETH)

      0.001

      N/A

      N/A

      Livepeer (LPT)

      0.01

      2,500

      7

      NEAR Protocol (NEAR)

      0.01

      20,000

      2

      Polkadot (DOT)

      0.01

      13,000

      28

      Polygon (MATIC)

      0.01

      1,500,000

      3

      Solana (SOL)

      0.01

      30,000

      2

      The Graph (GRT)

      0.01

      500,000

      28

      How do I stake NEAR Protocol (NEAR) on Binance.US?

      Follow our step-by-step guide on How to Stake, Unstake & Manage Rewards on Binance.US

      Additional Resources

      • Binance.US Staking (Homepage)
      • What is Binance.US Staking? (FAQ)
      • How to Stake, Unstake & Manage Rewards on Binance.US (Staking) 
      • Crypto Staking: Definition, Benefits, and Tips (Blog) 

      Risk warning: Buying, selling, and holding cryptocurrencies are activities that are subject to high market risk. The volatile and unpredictable nature of the price of cryptocurrencies may result in a significant loss. Binance.US is not responsible for any loss that you may incur from price fluctuations when you buy, sell, or hold cryptocurrencies. Please refer to our Terms of Use for more information.

      Disclaimer: Staking Rewards are not guaranteed and are subject to change at any time and in the sole absolute discretion of Binance.US. For more information, please see the Staking Services section of our Terms of Use.

      Read the original article at binance-us

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