3 things to know about on-chain yield with Binance
On-chain yield offers crypto traders a means to passively earn on their cryptocurrency.
Sponsored by Binance. Binance is the world's largest crypto exchange by trading volume and the best place to start your crypto journey. Join and claim your 100 AUD New User Bonus today! T&Cs apply. Promotion Period: 11:00 AEDT 01/02/2026 - 20:59 AEDT 31/03/2026.
In the public eye, crypto is typically thought of as a fairly active and liquid trading space. Traders buy and sell according to (sometimes extremely rapid) market movements, looking to make a profit.
And there's no question that there have been plenty of boom-and-bust cryptocurrencies over the years.
But this doesn't mean all crypto trading occurs in this fashion. As with any field of investment, many traders look for ways to generate passive "income".
Staking has traditionally been the most common way for this to be achieved. So today, we're taking a look at on-chain yield – which is a type of staking offered by Binance.
1. It gives back to the community
So why do people use on-chain yield?
Well, one key factor is simple altruism.
Crypto investors are often enthusiastic about the underlying tech, too.
For example, blockchains require a lot of energy to run.
So "lending" your crypto back to its parent blockchain allows it to speed up the process of managing transactions and handling recordkeeping.
This can earn you rewards but it can also benefit the wider trading community.
2. You can opt for on-chain yield with a variety of cryptocurrencies
When you have a Binance account, you're able to opt for on-chain yield for a variety of cryptocurrencies.
These include:
- USDT
- WBETH
- BTC
- BNB
You can see more specific information about the protocols involved on the Binance website.
Earn a bonus worth up to 100AUD
Until March 31 2026, you can score a New User Bonus of up to 100AUD when you join Binance.
- Sign up to Binance and complete KYC verification
- Make your first deposit of >1000 AUD to claim your first voucher of 25 AUD
- Make your first trade of >100 USDT to claim a 50 AUD voucher
- Finally, refer a friend who completes KYC verification to claim your last 25 AUD voucher!
Rewards are also distributed on a first-come, first-served basis.
Visit the Binance website to see the full T&Cs.
3. You can earn rewards
When you sign up for on-chain yields with Binance, you're able to earn crypto rewards.
Generally, these are paid out in the same cryptocurrency that you're using for yields, or in some instances, points.
If you're doing this with a cryptocurrency that's supported on Binance, you'll receive the rewards directly into your Binance account.
Then you can use them as you see fit.
Some investors will use them to generate further on-chain yield rewards, while others will on-sell them for reinvestment into other cryptocurrencies.
However, it's important to remember that rewards are not guaranteed.
Cryptocurrency is a volatile and high-risk investment, so you should always seek advice before making decisions about on-chain yield.
Learn more about trading with Binance
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