Binance Launches TRON Staking Program – Hold TRON (TRX) To Earn TRX, BTT And WIN

Binance Launches TRON Staking Program - Hold TRON (TRX) To Earn TRX, BTT And WIN

Binance Launches TRON Staking Program – Hold TRON (TRX) To Earn TRX, BTT And WIN

Binance will be adding support for TRON (TRX) staking, starting from 2019/10/01. Binance will distribute TRON staking rewards as detailed below:

Binance Launches TRON Staking Program

  • Starting from 2019/10/01, Binance will begin taking hourly snapshots of user TRX balances at 00:00 AM UTC.
  • TRX Staking distribution will be calculated as follows:
    TRX generated by each user = Total TRX staking rewards received by Binance * User TRX holdings ratio.
  • User TRX holdings ratio = User TRX holdings / Total TRX staked by Binance.
  • Users must hold at least 5 TRX in order to qualify for staking rewards.
  • The initial distribution of TRX staking rewards will be calculated up until 2019/11/01, with the total amount distributed equal to the staking rewards accrued on holdings during the period.
  • TRX rewards are calculated daily (hourly snapshots) and distributed monthly. Distributions will be completed before the 10th of each month.

Move Your TRX Coins to Binance from anywhere and enjoy hassle-free staking rewards. Other staking coins supported by Binance can be found at: Staking Home Page here

You can read tutorial of Binance staking at: Binance Staking Tutorial

For More Other Staking Coins On Binance Exchange, Click – HERE

Good luck,

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