Binance Staked SOL(BNSOL) New Listing on Binance

According to Binance's official announcement, Binance Staked SOL (BNSOL) is soon going to be listed on the Binance crypto exchange.

Binance Staked SOL Listing Schedule

• Binance will list BNSOL and open trading for BNSOL/SOL at 2024-10-10 08:00 (UTC).

About Binance Staked SOL

Binance Staked SOL (BNSOL) represents your staked SOL plus the staking rewards received, in a tradable and transferable form. Ordinary staking would lock up your staked assets, which means you cannot use them for other purposes – it increases a user's opportunity cost. In contrast, BNSOL provides flexibility to sell, transfer, or use the staked SOL position. You can even move BNSOL to a personal wallet, such as Binance Web3 Wallet and use it outside the Binance platform whilst still earning rewards. BNSOL accumulates staking rewards through the BNSOL:SOL conversion rate, even when it is used in other Binance products or external DeFi applications for additional yield opportunities.

Further Information on Binance Staked SOL

• Official Website: https://www.binance.com/en/solana-staking
• X (Twitter): https://twitter.com/binance
• Contract Address (Solana): BNso1VUJnh4zcfpZa6986Ea66P6TCp59hvtNJ8b1X85

For comprehensive insights and strategies on Binance Staked SOL (BNSOL) trading, delve into our detailed guide at Binance Staked SOL Price Overview

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