🟡 Staking ATOM on Binance — how to earn on Cosmos 🟡
If you hold $ATOM (the token of the Cosmos network), you can not only wait for the price to rise but also earn passive income through staking on Binance.
🔹 What is Cosmos (ATOM)?
It is an ecosystem of blockchains that can interact with each other. Cosmos is called the "internet of blockchains." ATOM is the native token used for staking and voting in the network.
🔹 Why is it profitable to stake ATOM?
The Cosmos network operates on a Proof of Stake algorithm, and by delegating ATOM, you receive a portion of the fees and rewards of validators.
🔹 How to stake ATOM on Binance?
1. Go to the Earn > Staking section
2. Find ATOM Locked Staking
3. Choose the term (30, 60, or 90 days)
4. Confirm the placement — all set ✅
🔹 Yield (example):
30 days — up to ~8% per annum
90 days — up to ~13% per annum
(the figures are variable, please check with Binance Earn)
🔹 Advantages of staking ATOM: ✅ High yield
✅ No need to set up wallets
✅ Binance takes care of all technical details
🔹 Disadvantages: ⚠️ During the lock-up period, you cannot sell the token
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