đ What is $BNB Staking?
Staking BNB means you deposit (or âlock upâ) your Binance Coin (BNB) into a staking pool or platform to earn rewards. Binance offers both Simple Earn and DeFi staking options.
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đ§ž Types of BNB Staking
1. Binance Simple Earn
Flexible Staking: Withdraw anytime, lower APY.
Locked Staking: Fixed duration (e.g., 30, 60, 90 days), higher APY.
2. BNB Vault
Combines Launchpool, Flexible Savings, and DeFi Staking into one product.
Automatically maximizes your yield on idle BNB.
3. DeFi Staking
Stake BNB in decentralized protocols like Venus or PancakeSwap.
Higher risk, higher rewards.
Binance handles the technical part for you.
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đ° Potential Rewards
APY varies:
Flexible: ~0.35â1%
Locked: ~2â6%
DeFi: ~5â15% (depends on protocol)
> Note: Rates change often based on demand and supply.
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â Benefits
Earn passive income.
Support BNB ecosystem (e.g., BSC validators, DeFi).
Low entry barrier (starts from as low as 0.1 BNB).
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â ď¸ Risks
Market volatility: BNB price may drop.
Lock-in period risk (for locked staking).
Smart contract risk (for DeFi staking).
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đ How to Stake BNB on Binance
1. Go to Binance > Earn > Simple Earn or BNB Vault.
2. Choose Flexible or Locked.
3. Select amount and confirm.