April 21, 2021

Binance Launches BNB Staking From APY Up To 27.49%

Binance Launches BNB Staking From APY Up To 27.49%

Users who have blocked BNB on the exchange will receive between 8.49% and 27.49% APY.

The interest depends on the period for which funds are blocked.

  • A 30-day lock will give 8.49% APY. The maximum limit is 5000 BNB per user;
  • A 60-day lock will give 12.49% APY. The maximum limit is 500 BNB;
  • 90-day blocking - 16.49% APY with a limit of 100 BNB.

It is noteworthy that the highest APY - 27.49% - can be obtained in the shortest staking period - 15 days. However, as part of this offer, users can block a maximum of 5 BNB.

The minimum limit for all offers is 0.1 BNB.

At the moment it is one of the highestpercent for staking across the entire crypto market. However, there is no guarantee that Binance will not cut interest rates in the future, as some projects have already done.

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According to the materials cryptobriefing.com