Binance Stacking how to get free cryptocurrency - Guide

By Alessandro Sciacchitano | Criptoita | 22 Mar 2020

Binance launched another initiative the stacking for some cryptocurrency.

What is The Stacking?

The Stacking is the process of detention of funds in a cryptocurrency wallet to support the operations of a network blockchain .

Users are rewarded for the simple storage and possession of coins on Binance as they normally would.

So in essence, just hold a supported cryptocurrency on Binance to receive monthly a certain amount of digital currency based, the quantity you possessed.

How to participate?

Just simply deposit your cryptocurrency already supported on Binance to begin to get a passive income.

The snapshop deposited funds occurs every time and token distribution takes place every month, according to data collected on a daily basis.

Which currencies are currently supported?

Currently Binance support the following digital Currencies:

Tron - Minimum deposit 5 TRX - Estimated Annual Return 1/3% cryptocurrency received BTT, Wink and TRX
Elrond - Minimum Deposit 700 ERD - Estimated Annual Return 3/4% cryptocurrency received ERD
Algorand - Minimum Deposit ALGO 2 - Annual Return Estimate 12/14% cryptocurrency receipt Algo
Stratis- Minimum Deposit 2 STRAT - Annual Return Estimate 1/2% cryptocurrency receipt STRAT
QTUM- Minimum Deposit 1 QTUM- Annual Return Estimate 6/8% cryptocurrency receipt QTUM
Komodo - Minimum Deposit KMD- 1 5/6 Estimated Annual Return cryptocurrency received KMD
Stellar - Minimum Deposit 10 XLM- Annual Return Estimate 2/4% cryptocurrency receipt XLM
Vechain - Minimum Deposit 1 VET - Annual Return Estimate 3/5% cryptocurrency received VET
Ontology - Minimum Deposit 0.1 ONT - Annual Return Estimate 3/5% cryptocurrency received ONT
Neo - Minimum Deposit 0 Neo - Estimated Annual Return 3/5% cryptocurrency received GAS

Pro and Versus Of Stacking on Binance

Pro:

Nothing to do except deposit criptovalute supported on Binance .
You get returns without any effort.
No time constraint, at any time you can withdraw your digital currency.

Versus:

The only Cons of the whole context is the classic concept, for which with online wallet and exchange are not completely of your own cryptocurrency , as the private key is not only in your hands but also in the platform.

Certainly Binance to date has proven to be one of the most serious companies in the sector.

It's your choice what to do.