Binance Launches Zero Fees Tezos (XTZ) Staking

[Poojachaudhary]

Major cryptocurrency exchange Binance is set to roll out a zero fee Tezos (XTZ) staking starting December 4. Malta-based Binance announced on Tuesday, December 3, that it will be adding support for Tezos at zero charges staking. On the other hand, Coinbase and  Gate.io exchange platforms charge 25% and 33%, respectively, for their XTZ staking services. Staking is a new mode of earning crypto rewards. Customers don’t do much – they simply hold crypto in a cryptocurrency wallet to support the operations of a blockchain network. In return, users get rewarded using crypto.

According to the official announcement, the exchange will commence its support for the new program from Dec. 4, 2019. The firm will utilize live snapshots to calculate Tezos rewards everyday. It will then distribute the rewards every month. All distributions of rewards will be done by date 20 of each month.

[denthumpt]

Staking is a new mode of earning crypto rewards. Customers don’t do much – they simply hold crypto in a cryptocurrency wallet to support the operations of a blockchain network. In return, users get rewarded using crypto.
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Staking is a very good way to earn of late. Even ETH thought of it as a good method and made plans to switch there. It also offers everybody the chance to earn even if they can't run a mining rig to make profits. In this cryptospace, if you don't take advantageous of such opportunities you may miss out by the time you realize it was a good investment.

Apart from what you said, on other good trending coin that makes staking awesome for investors is Netbox. They have as well browse and earn features and also masternode hosting. You can find more info about Netbox at https://netbox.global