Binance To List Binance Staked SOL (BNSOL) with 10% APR

Last updated: October 10, 2024 2:05 AM

Published 2024-10-10

Binance has officially confirmed the upcoming listing of Binance Staked SOL (BNSOL) for trading on October 10, 2024, at 08:00 UTC. According to the announcement, the BNSOL/SOL trading pair will allow traders to engage in more dynamic market activities.

Binance Listing BNSOL announcement — Source: X

To get BNSOL, users can stake SOL through Binance’s “Earn” feature, use the Binance Web3 Wallet, or deposit existing BNSOL tokens into their accounts.

Additionally, Binance has announced a promotion that will run from October 16, 2024, for 8–10 days, where new and existing BNSOL holders can enjoy boosted returns of up to 10% APR.

However, this rate may fluctuate based on the total value locked every 2–3 days. After the promotion, the APR will return to its usual rate.

Also Read: Binance May List MAJOR Coin Soon, Speculation Soars

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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