Binance Wealth Management launches on-chain earning: the first product is Babylon Bitcoin staking

ChainCatcher news, according to the official announcement, Binance Wealth Management has launched on-chain earning, allowing users to participate in various on-chain protocols through their Binance accounts and earn returns. The first product for on-chain earning is Bitcoin staking with Babylon, where users can stake Bitcoin into the Babylon protocol and earn on-chain returns.

The subscription will open on December 9, 2024, at 14:00 (UTC+8), with a limit of 1,000 Bitcoins, on a first-come, first-served basis. The minimum subscription amount per account is 0.05 BTC, and the maximum subscription amount is 5 BTC. Please note that the on-chain earning page will go live on December 9, 2024, at 12:00 (UTC+8).