Binance introduces fixed-term staking options for TAO and ASTER, offering rewards to subscribers starting August 1.
Binance has added TAO and ASTER tokens to its Simple Earn Locked Products, allowing users to earn rewards through fixed-term subscriptions. The program begins on August 1 at 02:00 UTC and targets investors seeking yield on these assets.
The move expands Binance’s staking offerings, following similar launches for other cryptocurrencies. Locked Products typically require users to commit funds for a set period, often yielding higher returns than flexible staking options.
The feature is unavailable to users in the European Economic Area, as noted in the platform’s disclaimer.