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      Binance.US Adds Tezos (XTZ) Staking With 7% APY in Rewards

      StakingLaunch_XTZ-Announcement_1600X580.png

      Customers can now stake XTZ and earn up to 7% APY at launch — the highest APY of any major staking provider in the U.S. Get paid weekly when you stake FET.

      Binance.US customers can now buy, sell, convert, or stake XTZ in minutes on the largest major staking provider in the U.S and the best crypto platform for low fees. Advanced Trading is available on the XTZ/USD and XTZ/BUSD, and XTZ/BTC

      What is Tezos (XTZ)?

      Tezos is an energy-efficient proof of stake (dPoS) layer 1 blockchain, built for smart contracts and decentralized applications.

      While Tezos has a similar target audience as Ethereum, the network sets itself apart via its consensus mechanism and its self amendment capabilities that allow the network to implement major upgrades with no need for a hard fork. Like Ethereum, Tezos can be used to create a token, dApps, games, and NFT projects. 

      XTZ is the native asset of the Tezos network. The token is required to participate in the blockchain’s proof of stake consensus mechanism, pay transaction fees, or participate in governance and is also used as a unit of exchange across the network.

      Which cryptocurrencies are supported?

      Binance.US features the largest major staking platform with the widest selection of staking assets in the U.S. 

      Click here for an up-to-date list of all the cryptocurrencies Binance.US supports, along with their respective minimum and maximum staking limits, and unstaking periods. 

      Minimum Staking Limit

      Maximum Staking Limit

      Unstaking Period (Days)

      Tezos (XTZ)

      0.01

      20

      21

      We are continually working to expand the list of supported staking assets while delivering high APYs on all our supported staking assets. For the latest staking APYs, please refer to the Binance.US Staking homepage. 

      How do I stake Tezos (XTZ) on Binance.US?

      Follow our step-by-step guide on How to Stake, Unstake & Manage Rewards on Binance.US

      Additional Resources

      • Binance.US Staking (Homepage)
      • What is Binance.US Staking? (FAQ)
      • How to Stake, Unstake & Manage Rewards on Binance.US (Staking) 
      • Crypto Staking: Definition, Benefits, and Tips (Blog) 

      Risk warning: Buying, selling, and holding cryptocurrencies are activities that are subject to high market risk. The volatile and unpredictable nature of the price of cryptocurrencies may result in a significant loss. Binance.US is not responsible for any loss that you may incur from price fluctuations when you buy, sell, or hold cryptocurrencies. Please refer to our Terms of Use for more information.

      Disclaimer: Staking Rewards are not guaranteed and are subject to change at any time and in the sole absolute discretion of Binance.US. For more information, please see the Staking Services section of our Terms of Use

      Read the original article at binance-us

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