โœ… What Is Staking?

Staking means locking your crypto to support a blockchain network and earn rewards โ€” like earning interest on your coins.

๐Ÿชœ Steps to Start Staking on Binance

1. Create and Verify a Binance Account

Sign up at binance.com.

Complete KYC verification (upload ID and photo).

2. Deposit or Buy Crypto

Go to โ€œBuy Cryptoโ€ to purchase using a card or bank transfer.

Or deposit crypto from another wallet.

3. Go to Binance Earn

On the homepage, click โ€œEarnโ€ > โ€œSimple Earnโ€ or search โ€œStakingโ€ in the search bar.

4. Choose a Staking Option

There are 2 main types:

Locked Staking: Higher rewards, funds locked for a set period (e.g., 30/60/90 days).

Flexible Staking (Simple Earn Flexible): Lower rewards, but you can redeem anytime.

5. Select a Coin

Choose from popular staking coins like $BNB , $ETH , $SOL etc

Click โ€œSubscribeโ€ next to the coin.

6. Enter Amount & Duration

Choose the amount you want to stake.

For locked staking, select the lock period.

Read the terms, check APY (Annual % Yield), and click โ€œConfirm.โ€

7. Track Your Rewards

Go to โ€œWalletโ€ > โ€œEarnโ€ to see your staked assets and rewards.

Rewards are paid daily or at the end of the term.

8. Redeem When Ready

For flexible staking: redeem anytime.

For locked staking: redeem after the lock period ends (early withdrawal may lose rewards).

๐Ÿ“Œ Tips for Beginners

Start with small amounts to understand the process.

Check APY and lock periods before staking.

Avoid staking coins you may need access to soon.

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