How to stake ADX on Binance

This article was first published on The AdEx Blog - Medium
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Do you have ADX on Binance? Now you can stake it and get 46.7% APY. See how.

Do you have ADX on Binance? Now you can stake it and get 46.7% APY. Binance staking is useful for people holding ADX on the exchange or for those interested in AdEx, but not holding any ADX.

Pros:

- You won’t pay transaction fees for opening bonds and obtaining ADX

- You don’t need a Metamask account, your Binance account is enough

- You can stake ADX along with other coins in one place

Cons:

- APY on Binance is lower than the APY on the official AdEx Staking Dashboard

How to stake ADX on Binance in three easy steps

1.Choose “Staking” on the Binance homepage

2.Choose ADX from the list of “Locked Staking”

3.Enter the amount of ADX you’d like to stake. Minimum amount is 1000 ADX and minimum lock period is 30 days.

Have more questions about ADX staking? Check our our Staking FAQ page or get in touch via our Help center.

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How to stake ADX on Binance was originally published in The AdEx Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

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