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Staking crypto

Binance

Cryptocoins Exchanges / Binance 183 Views

This is applicable to the common binance app we use in Europe, unsure if there are any differences to binance.US. Just look it up on their web site simply in case, or ask in the binance help thread.

You receive the income day by day, in annualized type. For example, if APY=10%, you receive 10% divided by 365 daily.

Aside from that, you start incomes the day after you begin staking, each day at 11 am GMT and, depending on whether or not you picked locked or versatile savings, you'll have entry to the earnings instantly, or after the lock up period is over. You'll be able to release cash invested in locked up stakings, however you'll forfeit your features in case you achieve this.

Hope I helped.


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