Binance US to Add Staking Support for Tezos (XTZ)
According to the exchange’s staking page, users can expect to earn around 6-7% annual interest in staking rewards directly on the platform. XTZ is the third altcoin to receive staking support on Binance.US, joining Algorand (ALGO) and Cosmos (ATOM).
Staking rewards will be paid out automatically to users that hold the supported altcoins with the percent return dictated by the inflation schedule of each project.
There are currently no details regarding the exact start time for staking rewards.
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Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. Craig Russo is a LAND owner via Polyient Games. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.