21 Comments

  1. Bardz1984 on 15. January 2025 at 20:05

    I’m guessing it’s got something to do with this.

    https://www.binance.com/en/support/announcement/binance-simple-earn-flexible-products-new-apr-and-rewards-distribution-policies-aa176594ebda4ee88985444682424fba

     


  2. [deleted] on 15. January 2025 at 20:05

    Disgustingly obvious how desperate the government is to keep the majority of people poor. They force us to deposit cash into the banks for a fraction of interest which gets gobbled up by inflation. Going to have to start staking directly through the projects sites etc.

     


  3. Threest00ges on 15. January 2025 at 20:05

    Still staking my crypto on CoinSpot, haven’t seen any news from the govt. showing any changes in regulation.

    Seems pretty strange that they’re blaming local regulations when crypto is not regulated by the govt. in AUS.

     


  4. crypross on 15. January 2025 at 20:05

    Try direct on chain staking

     


  5. thebiggestbazzz on 15. January 2025 at 20:05

    I would say the best alternative is CoinSpot, pretty solid, easy to use and decent APYs. If Binance is going to snub Aussies, we might as well use an Aussie exchange hey

     


  6. Bardz1984 on 15. January 2025 at 20:05

    Yep the regulators are involved. Ban hammer on staking could be a thing on binance I’ll wait and see but it looks like it’s time for me to go too on chain staking, shame I liked binance as a platform.

    https://preview.redd.it/2w1rdvxeexja1.png?width=1080&format=pjpg&auto=webp&s=193e3d48cff0495b089bb09df15f1a77a42c8307

     


  7. No_Technician_6369 on 15. January 2025 at 20:05

    There goes my reason to use binance, same in the uk what a ridiculous regulation.

     


  8. IndependentStreet684 on 15. January 2025 at 20:05

    Time to move the expired coins to trust wallet I guess since no update from binance

     


  9. sebastianlive on 15. January 2025 at 20:05

    The politicians stealing from people and they tell you not to steal

     


  10. IndependentStreet684 on 15. January 2025 at 20:05

    But when I try flexible staking it says system matiance ongoing so who knows but why would it ask for me to update/show proof of my address.

     


  11. terry_35638 on 15. January 2025 at 20:05

    If you are in Australia, then you can stake Matic on Coinspot. Current APY is upto 7%

     


  12. BinanceCSHelp on 15. January 2025 at 20:05

    Hi there, we understand your concerns. Please contact us at binance.com/en/chat so our team can check it in detail and provide you with more information. Thank you so much for your understanding – CN

     


  13. ButterflyBears on 15. January 2025 at 20:05

    No notifications or anything about it just noticed all my auto subscribes had been turned off and asking me to do address verification when I try to turn them back on.

     


  14. Waidowai on 15. January 2025 at 20:05

    What happens if u already have coins staked?
    Will the stake still finish?
    Just asking in case more countries have it in the future

     


  15. mrtnbaker01 on 15. January 2025 at 20:05

    UK here. Had coins staked in Flexi, took them out to re-stake in higher interests and I am unable to do so… go figure. Guess its time to take the coins out and use different wallets to start staking, what a lovely pain.

     


  16. JoshCrypto175 on 15. January 2025 at 20:05

    Oh

     


  17. ThePaleFacedGamer on 15. January 2025 at 20:05

    Same here for the UK, what the fuck I hope this is an error

     


  18. Crypto-Expansion on 15. January 2025 at 20:05

    I haven’t seen any anoucement, so it should be temporary I’d say…

     


  19. hardyhaha88 on 15. January 2025 at 20:05

    Yep just had this happen to me. Located in Australia. Hopefully it’s temporary. I last staked 2 days ago.

     


  20. DutchRanga on 15. January 2025 at 20:05

    You can still stake in Australia but have to supply with a physical address. E.g. take a photo of your ID and power bill or something to show you live there.

    Too regulated for my liking. I’m buying ADA through binance and I’ll stake it in Trust Wallet.

     


  21. mrtnbaker01 on 15. January 2025 at 20:05

    Has anyone tried using a VPN? Or is it based on your registration country not your region of access?