Hello there, I want to stake some KSM that I have to transfer through the kusama network to Binance. The thing is that Binance does not support staking for KSM that has been transferred through the kusama network but only bep20 KSM. Will I be able to stake my KSM if I sell them for USDT, then buy KSM on Binance ? Any help is appreciated


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1 Comment

  1. BinanceCSHelp on 22. December 2023 at 0:47

    Hi Binancian,

    Actually, we do support deposits via KSM network. Note that we currently do not support deposits for staking rewards. Those are different things.

    https://www.binance.com/en/my/wallet/account/main/deposit/crypto/KSM

    However, you can see the available products on Earn right now. When you deposit KSM through KSM or BEP20 networks successfully, you will be able to stake your funds on Earn products.

    [https://www.binance.com/en/earn/ksm](https://www.binance.com/en/earn/ksm)

    If you have further questions, you can always connect with our support team via live chat http://www.binance.com/en/chat and after starting a chat, you can share the case ID with us so we can follow up. -MK