So let's clear this up first, On Binance's global exchange Tezos staking is already enabled. But the Tezos staking is going to come to the United States website for Binance which is Binance.us.

And if I am being totally honest guys I would NOT stake your Tezos on Binance. Binance is an exchange and not a wallet, there is a difference. I would stake your Tezos on like Atomic Wallet or Trust Wallet. Stake your currency on something a little more secure than an exchange.

And the other reason I would not stake on Binance is because their payout is pretty garbage. So on other staking platforms you get paid every couple of days after the 1st month or so. However on Binance, You get paid every month usually around the 20th of the month. Binance will take hourly snapshots on your Tezos to calculate your rewards but will only pay you those rewards once a month. Other staking platforms pay you every 3 days or so which enables you to stake your newly earned rewards every 3 days and there by earn even more staking rewards.

I know it sounds like I am trashing on Binance, but the truth is that this is great news! Think about it this way, Binance is the largest exchange in the world which means that they hold a ton of currencies. That also means the average Joe probably is using Binance as a wallet and storing their Tezos there and will in turn start staking. This is good because when news like this happens the value of that currency goes up. So I have a feeling Tezos is going to rebound a little bit over this weekend but that is just my opinion.