🟢 How to stake DOT on Binance? (Quick Guide)
Do you have DOT in your wallet and want to generate passive income? You can easily stake on Binance. Here’s how:
🔹 Step 1: Go to "Earn"
From the start, tap the “More” button and then select “Simple Earn” or “Earn” on the bottom bar.
🔹 Step 2: Search for DOT
In the list of available cryptocurrencies, type “DOT” and select Polkadot.
🔹 Step 3: Choose the duration and confirm
You can choose between flexible options (withdraw at any time) or locked options (higher interest rate).
📈 Tip: Rates vary based on demand, but locked staking of DOT can offer between 8% and 12% annually.
⚠️ Remember: If you choose locked staking, you will not be able to withdraw your DOT until the term ends.
👉 Are you already staking on Binance? Which coin has given you the best performance?