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.
- 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
- APY on Binance is lower than the APY on the official AdEx Staking Dashboard
How to stake ADX on Binance in three easy steps
Step 1: Choose “Staking” on the Binance homepage
Step 2: Choose ADX from the list of “Locked Staking”
Step 3: Enter the amount of ADX you’d like to stake. Minimum amount is 1000 ADX and minimum lock period is 30 days.