Binance has launched a new high-yield staking initiative for ten coins.
According to the message in blog trading platform, a staking initiative called the High-Yield Center will allow you to lock 10 coins and earn up to 104.62% per annum.
The duration of Shiba Inu staking will be only 10 days, at 0.28% or 10.12% per annum. Interested participants will be required to stake a minimum of 200 SHIB and a maximum of 7 million tokens.
All other coins on the list can be locked for 90 days.
Binance will pay interest daily starting at 00:00 (UTC) on the day the locked stake is confirmed before the end of the staking period. There is a function for early cancellation of blocking no earlier than in a day. In this case, users will receive their coins, but without the accrued bonus.
Subscribe to ForkNews in Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
Latest news: Tether has problems, Bitcoin is doing well
Today, news sources offer us various rumors, assumptions and statements. In particular, they say that the Tether startup may face serious problems. Another Chinese exchange is also believed to be falsifying trading information. In addition, the Maltese official claims that mass adoption of Bitcoin is inevitable.
Will Bakkt end the year with a bullish breakout?
On December 12, 2018, the Intercontinental Exchange (ICE) will begin trading Bitcoin futures contracts. It is noteworthy that contracts can be concluded through the platform’s digital asset storage, and clearing will be carried out by ICE Clear US, Inc. All quotas will be in US dollars, and the amount that will be blocked on the account when concluding a futures contract will be 10 bitcoin.
