Binance will add support for Tezos (XTZ) staking s tarting from 2019/12/04. XTZ rewards will be calculated daily based on live snapshots and distributed monthly, with the first distribution to be completed before 2019/01/20.
As you know from my previous post,Binance.com makes it easy to stake through its staking platform, effectively removing all obstacles of staking. You can earn staking rewards without needing to set up nodes, worry about minimum staking amounts, time lengths, or any other technical requirements.
On Binance, You can buy a cryptocurrency and then stake it immediately without a lockup, allowing you to enjoy the rewards of staking while still being able to access your coins at any time, unlike dedicated staking platforms that typically lock coins to prevent access.
Binance Staking Platform and ROIs (updated)
With the addition of Tezos to the its staking platform, Binance now has staking rewards for 13 different crypto holdings for traders: NEO, ONT, VET, XLM, KMD, ALGO, QTUM, STRAT, ONE, FET, ALGO, ERD and TRX, and XTZ
Below, You can see the estimated annual returns (ROI) and minimum holdings required.
Coin Estimated Annual Return Minimum Holdings
ALGO 12%-14% 2
FET 8%-12% 25
ONE 8%-10% 175
QTUM 6%-8% 1
XTZ 6%-7% 1
KMD 5%-6% 1
VET 3%-5% 1 (you get VTHO for staking your VETs.)
ONT 3%-5% 0,1 (You get ONG for staking your ONTs.)
ERD 3%-4% 700
XLM 2%-4% 10
TRX 1%-3% 5
NEO 1%-3% 0 (You get GAS coins.)
STRAT 1%-2% 2
Staking on Binance is easy. Just buy the coins, the rest is done for you. As you can stake ALGO in order to get the highest annual return with 12-14% ROI.
Thanks for reading. I hope you’ve found it helpful.
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