The 6% APY Ethereum Staking Program is announced by Binance.US.

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Major crypto alternate Binance.US introduced an Ethereum staking program forward of “The Merge”, with annual share yields (APY) of as much as 6.0%.

It is the newest alternate to launch Ethereum staking on its platform, permitting customers to start staking ETH with as little as 0.001 ETH. An quantity way more handy than the 32 ETH wanted to develop into an Ethereum validator.

Staking rewards are topic to vary primarily based on the quantity of Ethereum transaction charges, amongst different elements.

Brian Shroder, CEO of Binance.US mentioned, “ETH plays a critical role in the broader Web3 ecosystem, and as the Ethereum network continues to transition towards the Merge, we are thrilled to now offer ETH staking with some of the highest APY rewards in the industry. We continue to build out a comprehensive staking offering that will provide the most value for our customers.”

Compiled by Coinbold

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