Simple Staking: Earn rewards for staking your spot assets with flexible management options

We are pleased to introduce Simple Staking on Binance — a new product that allows users to earn rewards for staking certain tokens on spot accounts with activation at just one click.

👀 How Simple Staking works on Binance

🔸Simple Staking operates through the Proof of Stake (PoS) mechanism. Rewards are credited daily to spot accounts in the form of native tokens

🔸Reward calculation is based on the average daily balance of tokens on the spot. You can check the data on the 'Simple Staking' page and in the 'Staking History'

🔸Available tokens: BNB, SOL, ADA, SUI, TON, NEAR, POL, ALGO, S, AXS

More details in the announcement. #Binance