To stake BNB on Binance, follow these steps ¹:

- *Create a Binance account*: Sign up on Binance and complete the KYC verification process.

- *Deposit BNB*: Buy or transfer BNB to your Binance account.

- *Navigate to the Staking page*: Go to the "Staking" or "Earn" section on Binance.

- *Choose your staking option*: Select "Stake BNB" and choose your preferred staking period and amount.

- *Confirm staking*: Review and confirm your staking details.

*Staking Options:*

- *Flexible staking*: Stake BNB with flexible terms, allowing you to unstake at any time.

- *Fixed-term staking*: Stake BNB for a fixed period (e.g., 1-3 months) for higher APYs.

*Rewards and Risks:*

- *Earn passive income*: Receive staking rewards in BNB, with APYs varying depending on the staking term.

- *Unbonding period*: Be aware of the 7-day unbonding period when unstaking BNB.

- *Slashing risk*: Delegating to a misbehaving validator may result in loss of rewards.

*APY Rates:*

- Binance offers varying APY rates for BNB staking, increasing with longer staking terms.

- Other platforms like KuCoin (2% APY) and (link unavailable) (up to 5% APY) also offer BNB staking options.

Before staking, consider the risks and benefits, and choose a reputable platform that suits your needs ².$BNB #bnb @BNB Chain