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Binance staking vs saving

What does Locked mean in Binance?

26 March 2022 Enpatika.com Genel

Locked Staking is the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network . For more on staking, please refer to Binance Academy.

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Why are my tokens locked on Binance?

26 March 2022 Enpatika.com Genel

The term token lockup refers to a specific period of time in which cryptocurrency tokens cannot be transacted or traded . Typically, these lockups are used as a preventive strategy to maintain a stable long-term value of a particular asset.

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