Customers can now stake ALGO and earn up to 6% APY at launch — the highest APY of any major staking provider in the U.S! Get paid weekly when you stake ALGO on the largest major staking platform in the U.S.
Binance.US customers can now buy, sell, convert, or stake ALGO in minutes on the largest major staking provider in the U.S and the best crypto platform for low fees. Advanced Trading is available on the ALGO/USD, ALGO/USDT, and ALGO/BUSD.
What is Algorand (ALGO)?
Algorand (ALGO) is a carbon-zero, secure and decentralized blockchain that can process up to 6,000 transactions per second (TPZ) with a 3.6 second finality.
The Algorand ecosystem consists of projects with the following use cases: DeFi, creators, payment tools, payment resources, NFT marketplaces, educational content, AI programs, metaverse, supply chain, AR games, and even drone racing.
The ALGO token functions as “gas” to power Algorand’s (Layer-1) blockchain and applications, serves as the unit of account for minimum collateral deposits by users storing data or building on the Algorand blockchain, and provides governance rights (i.e. voting power) to token holders.
Which cryptocurrencies are supported?
Binance.US features the largest major staking platform with the widest selection of staking assets in the U.S.
Click here for an up-to-date list of all the cryptocurrencies Binance.US supports, along with their respective minimum and maximum staking limits, and unstaking periods.
|
|
Minimum Staking Limit |
Maximum Staking Limit |
Unstaking Period (Days) |
|
Algorand (ALGO) |
0.01 |
240000 |
10 |
We are continually working to expand the list of supported staking assets while delivering high APYs on all our supported staking assets. For the latest staking APYs, please refer to the Binance.US Staking homepage.
How do I stake Algorand (ALGO) on Binance.US?
Follow our step-by-step guide on How to Stake, Unstake & Manage Rewards on Binance.US.
Additional Resources
- Binance.US Staking (Homepage)
- What is Binance.US Staking? (FAQ)
- How to Stake, Unstake & Manage Rewards on Binance.US (Staking)
- Crypto Staking: Definition, Benefits, and Tips (Blog)
Risk warning: Buying, selling, and holding cryptocurrencies are activities that are subject to high market risk. The volatile and unpredictable nature of the price of cryptocurrencies may result in a significant loss. Binance.US is not responsible for any loss that you may incur from price fluctuations when you buy, sell, or hold cryptocurrencies. Please refer to our Terms of Use for more information.
Disclaimer: Staking Rewards are not guaranteed and are subject to change at any time and in the sole absolute discretion of Binance.US. For more information, please see the Staking Services section of our Terms of Use.