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…

Coinbase Prime Now Allows Institutional Investors to Stake Ether Among Other Options

Coinbase Prime Now Allows Institutional Investors to Stake Ether Among Other Options

Institutional clients of Coinbase Prime based in the US will now be able to stake ETH on the platform, with funds secured in the firm’s cold storage vault. Staking allows investors to earn a yield on their cryptocurrencies by committing them to a pool of assets, which helps support the…