Binance.US Announces Staking Rewards for Tezos (XTZ)
Binance has announced they will be launching staking rewards for Tezos (XTZ) as its third token supported for staking.
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The staking rewards for XTZ will launch Thursday, April 16th, 2020, at 9:00am EST / 6:00am PST.
If you are already holding XTZ, no action is needed to begin earning rewards.
XTZ/USD and XTZ/BUSD trading pairs are already available to trade on the Binance.US app, website, and API.
Binance.US takes hourly snapshots of user’s XTZ balances to calculate rewards.
The rewards are calculated daily and distributed monthly.
Distributions for XTZ will be completed before the 20th of each month, beginning in May 2020.
Binance.US is a fast and secure marketplace providing access and trading across a diverse selection of digital assets.
We will continue evaluating coins, tokens and trading pairs to offer on Binance.US in accordance with our Digital Asset Risk Assessment Framework, community feedback, and market demand.
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