To stake BNB (Binance Coin) and earn rewards in PIXEL tokens on Binance, you can participate in Binance Staking. Here's a step-by-step guide:
Register on Binance: If you haven't already, sign up for an account on Binance.com.
KYC Verification: Complete the Know Your Customer (KYC) verification process on Binance to unlock full access to all features, including staking.
Deposit BNB: Deposit BNB into your Binance account. You can do this by navigating to the "Wallet" tab and selecting "Deposit" for BNB.
Navigate to Staking: Once your BNB is deposited, go to the "Finance" tab and select "Staking" from the dropdown menu.
Choose BNB Staking: In the staking section, locate BNB staking options. Binance often offers different BNB staking options with varying lock-up periods and rewards.
Select Staking Option: Choose the BNB staking option that suits your preferences in terms of lock-up period, APY (Annual Percentage Yield), and rewards distribution.
Confirm Staking: After selecting your preferred staking option, confirm the staking transaction. Make sure to review the terms and conditions, including lock-up periods and rewards.
Receive PIXEL Rewards: Depending on the specific staking program, you may earn PIXEL tokens as rewards for staking BNB. Ensure that you are participating in a staking program that offers PIXEL rewards.
Monitor Rewards: You can track your staking rewards in the "Staking" section of your Binance account. Rewards are typically distributed periodically according to the staking program's schedule.
Withdraw Rewards: Once you've accumulated PIXEL rewards, you can withdraw them to your Binance wallet or external wallet for further use or trading.
Withdraw Staked BNB: After the lock-up period ends (if applicable), you can withdraw your staked BNB along with any accrued rewards.
