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What is Binance US staking?

Binance.US takes a small commission in exchange for facilitating all technical staking requirements, while striving to offer class-leading APYs for all supported cryptocurrencies on Binance.US Staking. Disclaimer: Staking rewards are not guaranteed and are subject to change at any time and in the sole absolute discretion of Binance.US.

Can You stake Cardano on Binance?

Binance.US, the US arm of the world’s largest crypto exchange, Binance, on Wednesday announced that customers can now stake their ADA on the platform to earn up to 6.1% APY at launch with no unstaking period for which users have to keep their assets locked to earn rewards. “Customers can now stake Cardano (ADA) and earn up to 6.1% APY at launch.

How much can you stake Cardano (Ada) for?

“Customers can now stake Cardano (ADA) and earn up to 6.1% APY at launch. Get paid weekly when you stake ADA and unstake anytime to access your funds in an instant — with no unstaking period,” the leading crypto exchange writes in its announcement. Notably, users can stake a minimum of 0.01 ADA and a maximum of 4,400,000 ADA.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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