There’s a lot of talent from those organizations that are applying to our open positions and we are actively interviewing them. Binance.US - America’s home to buy, sell, trade, and convert digital assets with some of the lowest fees in the industry - today unveiled its new staking platform, Binance.US Staking, with an auto-restake feature. Shroder noted “We are hiring Coinbase and Gemini people onto our staff. Binance.US currently supports 20+ staking assets, including Ethereum (ETH).
Stake Asset: Start staking a supported asset. We’ve added four new endpoints to allow API traders to access our staking feature. Meanwhile, Gemini said that 10% of its workforce would be laid off. We’ve made some important new additions to the Binance.US API Documentation portal. Shroder also took the chance to remind that, unlike Coinbase and Gemini, Binance.US is currently hiring.Ĭoinbase declared a hiring halt last week, stating that it will retract employment offers to applicants who had already accepted positions at the firm. Users can withdraw their accumulated staking rewards anytime or utilize the Auto-Restake function to boost the returns even more by restaking the staking winnings after each weekly payout. All awards are calculated on a daily basis and distributed weekly.
Once the assets are staked, users will start receiving staking rewards at a regular rate. Users will not be eligible to earn staking rewards throughout the unstaking period. Staking ETH with a crypto platform, like Binance.US, is an easy way for crypto holders to put their tokens to work and earn rewards in the process. The unstaking period refers to the time taken for assets to unbond, which may vary depending on the network. They can only access or withdraw the staked assets once the unstaking process is complete. Users are allowed to unstake their crypto anytime they want. Binance.US then announced that more tokens will be added in the future.Īccording to Shroder, staking ATOM token on Binance.US will earn a 12.2% APY, the Livepeer token, with a smaller market size, might offer up to an 18% yield on LPT, and 6.4% annualized returns on its native BNB token. So the staking services will be only available to holders with any of the above tokens.
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