Occasionally, we may need to lock your account if you have made recent changes to it . For example, if you have reached out to our team to reset your two-factor authentication, we will temporarily disable your ability to withdraw. In these cases, please wait 48 hours for your ability to be reinstated.
Read moreHow long does it take to redeem locked staking Binance?
About early redemption: Users can choose to redeem in advance. After choosing early redemption, the principal will be returned to the spot account, and the distributed interest will be deducted from the refunded principal. Due to different global time zones, it takes 48-72 hours to receive the tokens.
Read moreHow do I unlock staking Binance?
Users can view their Locked Staking assets by going to Wallets > Earn > Locked Staking > Locked . The APY is adjusted daily based on the on-chain staking rewards and the specific APY is subject to the page display on the day. Unlock period for Locked Staking products: 1 day.
Read moreWhy are tokens locked?
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. … These are often set as one or two years after the launch of a cryptocurrency.
Read moreCan you redeem locked staking early?
Locked Staking FAQ. About early redemption: Users can choose to redeem in advance . After choosing early redemption, the principal will be returned to the spot account, and the distributed interest will be deducted from the refunded principal.
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