Binance Staked SOL

Binance has officially announced that it will expand the availability of Binance Staked SOL (BNSOL), allowing users to access it on Binance Simple Earn, Binance Convert, and now Binance Margin. This move offers users more opportunities to engage with the popular staked asset. 
Starting from October 10, 2024, at 11:00, Binance Simple Earn will offer BNSOL Simple Earn Flexible Products, enabling users to stake their BNSOL and earn rewards. This flexible staking option allows participants to generate returns without locking their assets for extended periods. 
<img loading="lazy" decoding="async" class="alignnone size-full wp-image-22499" src="https://www.turkishnyradio.com/wp-content/uploads/2024/10/Binance-is-announcement-of-BNSOL-for-margin-trading.-The-focus-is-on-the-Binance-logo-and-the-digital-coin-symbol-of-BNSOL-Binan.webp" alt="Binance is announcement of BNSOL for margin trading. The focus is on the Binance logo and the digital coin symbol of BNSOL Binan" width="1792" height="1024" title="Binance Announces BNSOL Now Available for Margin Trading! 26" srcset="https://www.turkishnyradio.com/wp-content/uploads/2024/10/Binance-is-announcement-of-BNSOL-for-margin-trading.-The-focus-is-on-the-Binance-logo-and-the-digital-coin-symbol-of-BNSOL-Binan.webp 1792w, https://www.turkishnyradio.com/wp-content/uploads/2024/10/Binance-is-announcement-of-BNSOL-for-margin-trading.-The-focus-is-on-the-Binance-logo-and-the-digital-coin-symbol-of-BNSOL-Binan-768x439.webp 768w, https://www.turkishnyradio.com/wp-content/uploads/2024/10/Binance-is-announcement-of-BNSOL-for-margin-trading.-The-focus-is-on-the-Binance-logo-and-the-digital-coin-symbol-of-BNSOL-Binan-1536x878.webp 1536w" sizes="(max-width: 1792px) 100vw, 1792px"> 
<h2 id="binance-expands-bnsol-to-margin-trading-markets">Binance Expands BNSOL to Margin Trading Markets</h2> 
Binance Convert will also support BNSOL one hour after its listing on Binance Spot, allowing users to exchange BNSOL for BTC, USDT, and other tokens without any fees. <a href="https://www.turkishnyradio.com/binance-continues-delisting-4-altcoin-trading-pairs-removed-from-spot-markets/" target="_blank" rel="noopener">Binance</a> Convert provides a seamless and cost-free experience for users looking to trade quickly. 
For those interested in margin trading, Binance will add BNSOL as a collateral asset for both Cross and Isolated Margin markets starting October 14, 2024, at 11:00. The platform will also offer BNSOL/SOL trading pairs in these markets, giving users more flexibility and access to capital by using their BNSOL as collateral. 
This latest offering represents Binance’s ongoing effort to expand its ecosystem and provide users with various tools to optimize their crypto strategies, according to Turkish NY Radio.

Binance Announces BNSOL Now Available for Margin Trading!

Table of Contents

TNYR

Other articles published on Oct 10, 2024

Join the MoonBag Movement: Experts Predict $MBAG To Soar to $1 – Secure Your Spot in the Hottest ...

Market Forces Impact Bitcoin and Altcoin Values

Fed Hints at Smaller Rate Cut as Inflation Persists

Galaxy Digital gets Buy rating, C$24 price target from analyst

Brazil’s Crypto Soars on 42% Stablecoin Growth And Institutional Influx

BREAKING: Coinbase Futures Announces New Altcoin Listing

Join our free newsletter for daily crypto updates!