Customers can now stake Band Protocol (BAND) and earn up to 8.8% APY at launch — exclusively on Binance.US. At the time of writing, Binance.US is the only major U.S. crypto platform to offer BAND staking.
Binance.US customers can now buy, sell, convert, or stake BAND in minutes on the best crypto platform for low fees. Advanced Trading is available on the BAND/USD and BAND/USDT pairs.
What is Band Protocol (BAND)?
Band Protocol is a decentralized data oracle network that sources and aggregates real-world data to users across several different blockchains requesting access to that data.
The BandChain ecosystem uses the Oracle WebAssembly Domain Specific Language (DSL) for writing oracle scripts, which results in a larger scope of real-world data sources available for the network to pull data from before transmitting it back on-chain to various smart contracts.
BAND, the native token on BandChain, allows users to pay for transaction and query fees on BandChain, help secure the network as Validators or Delegators by staking their BAND, and participate in the protocol’s on-chain governance system.
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 Band Protocol (BAND) 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)
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Legal disclaimer: This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; or (2) relied upon for any investment activities. All information is provided on an as-is basis and is subject to change without notice. We make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability, or completeness of any such information. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. Binance.US shall not be liable for any consequences thereof.
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.
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.