Binance Earn — secure way to get passive crypto income

Some words about Staking

There are many ways how you can get additional income in Binance Earn, in this article I will focus on Staking.

Binance Locked Staking

Binance has currently 2 products in staking: Locked Staking and DeFi Staking. Locked Staking is the process of holding funds in a cryptocurrency wallet for a period of time and bearing interest on the locked/staked tokens. What’s interesting here is that in Binance Locked Staking program, both PoS tokens and non PoS tokens are included. Binance Staking returns staked funds to your Spot wallets at the end of the chose staking period. Such periods are: 15, 30, 60, 90 or 120 days (and usually the longer the period the bigger is percentage of APR).

Locked Staking Example — MATIC

Let’s take a look at my particular example — Polygon (MATIC) staking. Once again I need to repeat that it’s not an investment advice and I chose this paricular cryptocurrency for educational reasons. Also I chose MATIC as it’s APR for 90 days locked period is 21.54% — much higher than whenever you can find.

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Cryptotexty

Cryptotexty

Cryptocurrency enthusiast, student of forgotten economists