Best Binance Coin BNB Interest Rate Highest ROI and APY

Welcome, in this article we will focus on where to get the best Binance Coin BNB interest rates and the highest ROI or APY.

Binance Coin is the native coin of the Binance Chain and the Binance smart chain, BSC.

It´s very good to get your BNB coins working for your using some of the suggestions in this article. Remember, if you HODL other cryptocurrencies than BNB, there are more alternatives to earn crypto passive income.

Since Binance coin is considered a centralized coin and highly dependent on the single crypto exchange Binance, not many exchanges are offering services for Binance Coin.

No Financial Advice, Information only. Do your own research

What is the Binance Coin BNB?

Binance Coin (BNB) is a cryptocurrencu issued by the Binance exchange. Binance coin initially was launched as an ERC-20 token. However, nowadays it ´s the native token for the Binance chain and the Binance smart chain.

Binance coin has a strict maximum of 200 million BNB tokens. Also, there is a burning program based on the profit the Binance exchange make each quarter. The burning process will continue until the supply reaches 100 million BNB tokens.

Where to get the Best interest Rates on Binance coin BNB?

In the table below, we have listed all the best interest rates on the Binance coin (BNB) and what APY you can get.

There are a few different platforms offering saving products for the Binance coin and they are offering an APY in the range between 3-8%.

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Binance offer for Binance Coin Interest

Binance is offering one of the best APY for Binance coin with a rate of 7.72% for staking 30 days.

As you can see in the screenshot below, Binance is offering three different products, generating three different yields.

Staking for 30 days: 7.72% APY
BNB vault with flexible deposits and withdrawals: 6.17% (This yield varies)
Launchpool-ATA with flexible terms: 4.8% (This yield varies)

Read more about Binance in our Binance review.

Staking Binance Coin on the Binance Chain

You can stake the Binance coin on the Binance chain to earn passive income.

This is a bit more technical solution since it involves defi. Here are the steps to follow

Get a Binance account
Deposit Binance coin or any other currency and buy Binance coin
Get a Web3 wallet, for instance Binance wallet extension for your browser
Transfer your Binance coins from Binance account to your Binance web3 wallet address
Go to Binance.org and delegate your Binance Coins

Here you can earn about 10-15% on your Binance coin holdings but the rates varies a lot.

NEXO Binance Coin BNB Interest Account

Nexo is offering one of the best interest rates for the Binance coin (BNB).

However, you only reach the best interest rate, 8%, if you are a platinum member and if you chose to receive your payouts in the NEXO token.

When it differs as little as it does between Binance exchange and NEXO we would go for the Binance alternative.

Read more about Nexo in our Nexo review.

YouHodler and Binance Coin BNB APY

Youhodler is not offering the best Binance Coin BNB interest rate or APY. Anyway, Youhodler is a platform you can consider deposit if you want to generate Litecoin passive income instead. For Litecoin, Youhodler is offering a vert competitive ROI.

YouHodler is offering savings account with unlimited duration time and no lock up periods. The minimum amount you can invest on Youhodler savings account is $100.

Crypto Passive Income

In this article, we have focused on Binance coin passive income and how to get the best ROI in your idle BNBs.

However, you might have other coins you want to put on work for you. In our article about crypto passive income you can read about all possible sources to earn an extra income on your crypto holdings.

No Financial Advice, Information only. Do your own research

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Text source: Crypto Blog with Cloud Mining, Exchanges, Passive

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