Starting today, you can stake Polygon (MATIC) and earn up to 7.2% APY. MATIC marks the latest addition to Binance.US’ class-leading staking offerings, which include BNB, Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), and many others.
Binance.US customers can now buy, sell, and stake MATIC with competitive staking rewards for MATIC, alongside trading fees up to 10x lower than other major crypto platforms.
What is Polygon (MATIC)?
Polygon is a layer-2 scaling solution for the Ethereum network that aims to provide fast, scalable, and instant transactions. MATIC is the native token on the Polygon network, which is used to pay for services and settle transactions.
Which cryptocurrencies are supported?
Binance.US currently supports staking for the following cryptocurrencies. For the latest staking APYs, please refer to the Binance.US Staking homepage.
|
|
Minimum Staking Limit |
Maximum Staking Limit |
Unstaking Period (Days) |
|
Audius (AUDIO) |
0.01 |
85,000 |
21 |
|
Avalanche (AVAX) |
0.01 |
8,000 |
0 |
|
Band Protocol (BAND) |
0.01 |
11,000 |
21 |
|
BNB |
0.01 |
10,000 |
7 |
| Cardano (ADA) | 0.01 |
4,400,000 |
0 |
|
Cosmos (ATOM) |
0.01 |
20,000 |
21 |
|
Livepeer (LPT) |
0.01 |
2,500 |
7 |
|
Polygon (MATIC) |
0.01 |
1,500,000 |
3 |
|
Solana (SOL) |
0.01 |
30,000 |
2 |
|
The Graph (GRT) |
0.01 |
500,000 |
28 |
We are continually working to expand the list of supported staking assets while delivering high APYs on all our supported staking assets.
How do I stake Polygon (MATIC) on Binance.US?
On web
1. Log in to your account and visit the Binance.US Staking homepage.
2. Click Stake Matic. Please note to be eligible for staking activities, you must already hold the cryptocurrency you want to stake in your Wallet. For example, to stake MATIC, your wallet must contain MATIC funds as part of your available balance. For more information, learn How to Buy & Sell Crypto or How to Deposit Crypto.
3. If you’re staking for the first time on Binance.US Staking, carefully read and follow the on-screen prompts before clicking Next.
4. On the Stake Crypto pop-up, enter the amount of crypto you want to stake, or choose the percentage of your total assets that you’d like to stake.
5. Choose Auto Restake if you want to automatically restake any token rewards accrued through staking, and effectively compound your staking rewards, or select Disable Auto Restake if you want your token rewards to be deposited to your wallet. Click Preview Stake once you’re satisfied with your choice.
6. On the Confirm Staking pop-up, carefully review your staking request. Please note that you will be unable to withdraw or trade your staking assets while it is being staked. Click Confirm to proceed.
7. You will receive a confirmation once your asset has been successfully staked. \
On app
1. Download or log in to the Binance.US app.
2. Tap the Staking icon, which appears as a stack of coins, on the bottom navigation bar.
3. Tap Polygon Matic. Please note to be eligible for staking activities, you must already hold the cryptocurrency you want to stake in your Wallet. For example, to stake MATIC, your wallet must contain MATIC funds as part of your available balance. For more information, learn How to Buy & Sell Crypto or How to Deposit Crypto.
4. If you’re staking for the first time on Binance.US Staking, carefully read and follow the on-screen prompts before tapping I Understand.
5. Enter the amount of crypto you want to stake, or choose the percentage of your total available balance that you’d like to stake.
6. Toggle between Auto-Restake if you want to automatically restake any token rewards accrued through staking, and effectively compound your staking APY, or Disable Auto Restake if you want your token rewards to be deposited to your wallet. Tap Preview Stake once you’re satisfied with your choice.
7. On the “Confirm Staking” pop-up, carefully review your staking request. Please note that you will be unable to access your staking assets while it is being staked. Tap Confirm to proceed.
8. You will receive a confirmation once your asset has been successfully staked.
Additional Resources
- Binance.US Staking (Homepage)
- What is Binance.US Staking? (FAQ)
- Crypto Staking: Definition, Benefits, and Tips (Blog)
- How to Stake and Unstake Crypto on the Binance.US website (Tutorial Video)
- How to Stake and Unstake Crypto on the Binance.US app (Tutorial Video)
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Binance.US reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
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.