This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance FZE will list BNSOL and open trading for BNSOL/SOL at 2024-10-10 08:00 (UTC).
Binance Staked SOL (BNSOL) represents your staked SOL plus the staking rewards received, in a tradable and transferable form. Ordinary staking would lock up your staked assets, which means you cannot use them for other purposes – it increases a user's opportunity cost. In contrast, BNSOL provides flexibility to sell, transfer, or use the staked SOL position. You can even move BNSOL to a personal wallet, such as Binance Web3 Wallet and use it outside the Binance platform whilst still earning rewards. BNSOL accumulates staking rewards through the BNSOL:SOL conversion rate, even when it is used in other Binance products or external DeFi applications for additional yield opportunities.
Trading of the aforementioned new trading pair is subject to eligibility based on the user's country or region of residence. Please note that the list of restricted countries provided below may be changed from time to time, due to mandatory changes in applicable laws and regulations, or other changes relevant to the trading eligibility of this new trading pair. Users need to complete account verification to participate in the trading of this new trading pair.
Please note that this list may be updated periodically to accommodate changes in legal, regulatory, or other factors.
Currently, users residing in the following countries or regions will not be able to trade the aforementioned spot trading pairs: Australia, Canada, Cuba, Crimea Region, Iran, Japan, Kazakhstan, New Zealand, North Korea, Russia, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.
Boosted APR Rewards are contributions made by Binance with the express purpose of facilitating promotional activities.
Please refer to Binance SOL Staking Terms and Conditions and Risk Warning prior to using SOL Staking.
Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance FZE Team
2024-10-09
Note: This announcement was updated on 2024-10-10 to update the list of restricted countries.
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
Find us on
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: In compliance with MiCA requirements, from 2024-06-30, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here.
As with any asset, the value of Virtual Assets can fluctuate significantly and there is a material risk of economic loss when buying, selling, holding or investing in Virtual Assets. You should therefore consider whether trading or holding Virtual Assets is suitable for you in light of your financial circumstances. It is important that you fully understand the risks involved before making a decision to trade on Binance. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Not financial advice. . For more information, see our Terms of Use and Risk Warning.
