The next Ethereum upgrade is scheduled for September 15. Crypto platforms that offer ETH services are busy improving their offerings. In this context, Binance US has decided to launch a pledge offer that would appeal to Ethereum users.
Bet with just 0.001 ETH
According to tweet from JackOfAllTechs on September 7, “ Binance US Launches Low-Barrier Ether Ahead of Merger“. The US exchange announced on Wednesday that it plans to launch an ETH stake with annual returns of up to 6.0%. The most interesting thing is that it only takes 0.001 ETH to start the platform. Remember that it usually takes 32 ETH to bet directly on the Ethereum network.
Brian Shroder, CEO of Binance US, pointed out that ether plays a big role in “ wider Web3 ecosystem . » « As the Ethereum network continues to transition to Fusion, we are excited to offer ETH with some of the highest APY rewards in the industry. “, he said.
You should know that users do not yet have the opportunity to destock ETH on the Binance US platform. With respect to promised rewards, they will be distributed only after the Merger. Users will be able to withdraw their ETH Proof of Stakeafter the upgrade of Shanghai. And this upgrade will only be possible if the Merge is successful.
Binance US offers users to receive Ether from 0.001 ETH with annual returns of up to 6.0%. However, the exchange said it has no control over the final amount of ETH investors’ rewards.Proof of Stake. You should know that 25% of Ethereum nodes are still not synchronized with regards to the Merger.
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Far from dampening my enthusiasm, an unsuccessful investment in cryptocurrency in 2017 only increased my enthusiasm. So I decided to study and understand the blockchain and its many uses and share my pen knowledge related to this ecosystem.