Binance exchange let’s you earn cryptocurrency by staking your coins on the exchange. Since binance is holding so many coins the staking rewards can be much greater than if you stake by yourself, and they have good security measures in place to keep your coins safe.

There are many different coins available to stake including EOS, THETA, LISK, Tezos, TRON, VEchain, NEO and Steller to name the main coins. Each coin has a different annual yield, and to setup the staking it’s very simple all you need to do is deposit money, buy some coins and hold them in your wallet, you will receive automatic commissions paid into your wallet.

This is a very simple way to earn extra revenue on coins you already hold, or to earn a passive income by investing even small amounts of money and staking some coins.

What is coin staking you might ask?

Staking is the process of holding funds in a cryptocurrency wallet to support the operations of the blockchain network.. in other words it’s another way of mining coins and since Binance holds so many they can mine more coins than anyone else.. this gives you higher mining earning rewards.

Binance makes it very simple to stake many coins at once, usually you would need to run a full wallet node for each coin you want to mind and stake, but with binance all you need to do is hold coins in your online wallet and you will accumulate compound interest automatically.

All you need to do to start earning more coins is register your account on binance, login and visit the coin staking page.

Purchase coins on the coin staking page or simply deposit coins into your wallet, or you can buy them on the exchange directly. By far the easiest way to stake many different coins at once, Binance has made it easy to earn a passive income and now offers many financial services other than just a type crypto currency exchange.

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