Staking Rewards FAQ

What is staking?

Staking is the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network. 

How can I participate in Binance.US Staking?

Deposit supported coins into your Binance.US account today and start earning rewards after 24 hours. Yes, it’s that simple!

Which coins do we currently support?

Binance.US currently supports staking for QTUM, VET, XTZ, ATOM, EOS, ONE and ALGO.

Will Binance.US be charging any fees?

Binance.US will not charge any fees for staking. Our philosophy is simple: we want users to earn the most they can and all rewards received will be shared to our users. While we cannot guarantee any reward percentages, our optimizations ensure our users earn the highest amount of rewards possible.

Can I trade while staking?

Yes, you may trade any coins you have. However, once a trade is filled, the staked balance will change, and the corresponding rewards that you will earn from daily snapshots will adjust accordingly. You can trade to accumulate supported staking coins, as well as sell them at any time. Rewards will start to accumulate 24 hours after purchase of a supported staking asset.

How can I stop staking? Is there a lock-up period?

Users accrue staking rewards from simply holding coins on Binance.US. Simply sell or withdraw any supported coin at any time to stop receiving staking rewards on Binance.US. Currently, there are no lock-up periods as of this time. Instead, there is a 24 hour wait period before balances are accounted for during our daily snapshots. This deters manipulation of balances within seconds of snapshot times.

What Calculations are Used for Staking Rewards? 

The VET, XTZ, ATOM, EOS, ONE, QTUM, and ALGO staking rewards calculations are unique to each coin and can be found on our Staking page.

When Will I Get my Staking Rewards?

The VET, XTZ, ATOM, EOS, ONE, QTUM, and ALGO staking rewards are calculated daily (hourly snapshots) and distributed monthly. Distributions will be completed by the first or third week of each month. You may refer to the 30-Day Cumulative Holdings to see your estimated earnings.

How can I view my staking rewards? 

Select the View More button on the staking page, followed by the My Rewards button.

You can find your estimated rewards by selecting the 30-Day Cumulative Holdings icon. 

Your estimated 30-Day Cumulative Holdings will display as seen here. 

If you have any additional questions regarding staking, please reach out to our Support team.