What is Binance staking High Yield Offer and How to Join?

Binance did launch a new earning product in April 2021, Binance high yield staking offer.

What is this?

This is a product under Binance earning, where you can get extreme high APY if you deposit certain cryptocurrencies. There is a maximum cap for each cryptocurrency that is low if you are a high net worth individual. However, if you are an average holder of cryptocurrency this high yield program should be perfect for you.

Binance high yield staking is a great way to make your crypto work for you and get a crypto passive income.

What currencies can i Stake with Binance High Yield? Offer

Binance has released it´s high yield staking program in several batches as you can see in the table below.

Also, there is a maximum amount for each Binance high yield staking program since it wouldn´t be sustainable to give such high returns to very large amount of deposits.

This is probably a product to attract more users and more value locked into Binance.

Read our full Binance review if you are looking for more information about Binance.

Get 20% off from all fees charged by Binance with our referral code.

Digital Assets	Duration	Max. Locked Staking Limit Per User	Standard Annualized Interest Rate	Min. Locked Staking Limit
ADA	15 days	200 ADA	17.79%	0.1 ADA
DOT	15 days	15 DOT	27.79%	0.01 DOT
TRX	15 days	1,000 TRX	12.49%	0.1 TRX
EOS	15 days	50 EOS	12.49%	0.01 EOS
CAKE	15 days	20 CAKE	37.49%	0.01 CAKE

Digital Assets	Duration	Max. Locked Staking Limit Per User	Standard Annualized Interest Rate	Min. Locked Staking Limit
KSM	15 days	2 KSM	32.47%	0.01 KSM
ONE	15 days	4,000 ONE	24.79%	1 ONE
1INCH	15 days	150 1INCH	31.79%	0.1 1inch
ALGO	15 days	300 ALGO	21.49%	0.1 ALGO
IOST	15 days	12,000 IOST	24.49%	1 IOST

Digital Assets	Duration	Max. Locked Staking Limit Per User	Standard Annualized Interest Rate	Min. Locked Staking Limit
MATIC	15 days	210 MATIC	43.29%	1 MATIC
SOL	15 days	15 SOL	23.22%	0.01 SOL
ATOM	15 days	35 ATOM	34.47%	0.1 ATOM
BAKE	15 days	100 BAKE	26.79%	0.1 BAKE
XTZ	15 days	120 XTZ	27.32%	1 XTZ
ICX	15 days	400 ICX	24.79%	1 ICX

Digital Assets	Duration	Max. Locked Staking Limit Per User	Standard Annualized Interest Rate	Min. Locked Staking Limit
AVAX	15 days	25 AVAX	16.79%	0.1 AVAX
TKO	15 days	200 TKO	34.79%	1 TKO
KAVA	15 days	115 KAVA	32.34%	0.1 KAVA
DASH	15 days	1 DASH	16.62%	0.01 DASH
NEAR	15 days	125 NEAR	24.79%	0.1 NEAR
DODO	15 days	255 DODO	47.49%	0.1 DODO

How to Join Binance High Yield Staking?

In this step-by-step guide we will walk you through on how to join Binance high yield staking program.

Sign up with Binance
Login to Binance
Navigate to Finance in the top menu and click on Binance Earn

Once you have entered the Binance Earn section you can search for which coin you would like to stake.

In our example, we searched for Cardano ADA, as you can see in the screenshot below.

For ADA, there is a high yield staking option that returns 17.79% APY, as you also can see in the screenshot below. For this alternative, you have to lock your ADA for 15 days.

Also, there are other duration periods as you can see in the screenshot.

Once you decide what duration period to stake, you click on the yellow stake button.

Here, you need to confirm the amount you want to stake and confirm that you have read the terms and conditions.

What are the risks with Binance High Yield Staking?

As with any investment, there are risks with staking.

Locking up funds in a smart contract is prone to bugs, so it’s always important to DYOR.

Binance is the largest crypto exchange but it has suffered from an exchange hack as many other crypto exchanges.

Get 20% off from all fees charged by Binance with our referral code.

Terms and Conditions - High Yield

Subscription Period: Usually, the subscription period is 15 days for Binance high yield earning program
Locked Staking Format: First-come, first-served basis.
Interest Calculation Period: From 0:00 AM (UTC) on the day after Locked Staking is confirmed to the end of the corresponding product period.
Interest Payout Time: On a daily basis.
Monitor you investments: Go to Binance earn, Locked Staking assets by going to Wallets > Savings > Locked Staking.
Dynamic APY: The APY is adjusted daily based on the on-chain staking rewards and the specific APY is subject to the page display on the day.
About early redemption: Users can choose to redeem in advance. After choosing early redemption, the principal will be returned to the spot account, and the distributed interest will be deducted from the refunded principal. Due to different global time zones, it takes 48-72 hours to receive the tokens.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will not be responsible for your trading losses.