1. What is staking and how does it work on Binance?

📌 Did you know that you can earn rewards just by holding your cryptocurrencies?

That's staking, and on Binance, it's very easy to do.

🔍 What is staking?

It's a way to earn passive income by "locking" your cryptocurrencies to support a blockchain network (like $ETH , $SOL , Cardano).

While your tokens are staked, they help validate transactions and keep the network secure. In return, you receive rewards in the same crypto or in another.

🛠️ Types of staking on Binance:

• Flexible: you can withdraw your funds whenever you want, but with lower rewards.

• Locked: you choose a fixed period (30, 60, 90 days), you get better rates, but you cannot withdraw before.

💡 Example:

If you stake $BNB for 30 days, you can earn between 2% and 5% annually, depending on the network's performance.

🔐 Recommendation: always check the terms before locking your cryptos.

➡️ Explore staking in the "#Binance Earn" section of the app.