Is staking crypto worth it?

You can earn rewards through the exchange by holding certain coins in your Binance.US account — a strategy called “staking.” According to Binance.US, staking helps support the operations of these coins’ blockchains. Coins supported currently are: VET, XTZ, ATOM, and ALGO.

The primary benefit of staking is that you earn more crypto, and interest rates can be very generous. In some cases, you can earn more than 10% or 20% per year. It’s potentially a very profitable way to invest your money . And, the only thing you need is crypto that uses the proof-of-stake model.

Binance.US currently supports staking for QTUM, VET, XTZ, ATOM, EOS, ONE and ALGO .