Binance US Launches High-Yield Ether Staking Service Ahead of Ethereum’s ‘Merge’ Event

Binance US Launches High-Yield Ether Staking Service Ahead of Ethereum’s ‘Merge’ Event

Binance US, a US-based subsidiary of the world’s largest cryptocurrency exchange, is now offering Ethereum staking with an annual percentage yield (APY) of 6 percent — a figure which is a sizable step above major competitors like Lido and Coinbase which offer 3.5 percent and 3.25 percent APY, respectively. In…