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Can I sell my staked ETH directly on Binance or do I need to unstake it first?

avatarAndrei BodakinDec 24, 2021 · 3 years ago3 answers

I have staked ETH on Binance. Can I sell it directly or do I need to unstake it first?

Can I sell my staked ETH directly on Binance or do I need to unstake it first?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Yes, you can sell your staked ETH directly on Binance. Binance allows users to trade their staked assets without the need to unstake them first. This provides convenience for users who want to sell their staked ETH quickly without waiting for the unstaking process. Simply navigate to the trading platform on Binance and select the trading pair for ETH. You can then place a sell order for your staked ETH and complete the transaction.
  • avatarDec 24, 2021 · 3 years ago
    No, you need to unstake your ETH before you can sell it on Binance. When you stake your ETH on Binance, it becomes locked and cannot be traded until it is unstaked. To unstake your ETH, you will need to go to the staking section on Binance and initiate the unstaking process. Once your ETH is unstaked, you can then proceed to sell it on the trading platform. Keep in mind that the unstaking process may take some time, so plan accordingly if you need to sell your ETH quickly.
  • avatarDec 24, 2021 · 3 years ago
    Yes, you can sell your staked ETH directly on Binance. Binance offers a feature called liquid staking, which allows users to trade their staked assets without the need to unstake them first. This feature provides flexibility for users who want to take advantage of trading opportunities while their assets are staked. With liquid staking, you can easily sell your staked ETH on Binance's trading platform and enjoy the benefits of both staking and trading.