BINANCE CRYPTOCURRENCY EXCHANGE ADDS SUPPORT FOR TEZOS STAKING
The world of cryptocurrency continues to evolve, offering new ways for users to engage with their digital assets and earn rewards.One of the most popular methods is staking, a process that allows users to participate in the validation of blockchain transactions and earn rewards for their contribution. 일간 거래량 기준으로 세계 2위의 암호화폐 거래소인 바이낸스(Binance)는 3일 테조스 스테이킹(staking)을 지원하기로 했다고 발표했다. 4일부터 바이낸스의 사용자들은 이 플랫폼 상에서 XTZ를 거래할 수 있게 됐고 XTZ 리워드는 매번 거래와 월간 실적에 따라 계산될In a move that has excited the Tezos community and beyond, Binance, one of the leading cryptocurrency exchanges globally, announced support for Tezos (XTZ) staking.This announcement, initially made in December, marked a significant step forward for Tezos, providing wider accessibility and potential for increased adoption. Cryptocurrency exchange Kraken is launching support for Tezos staking starting on Dec. 13 Please note, this is a STATIC archive of website cointelegraph.com from, cach3.com does not collect or store any user information, there is no phishing involved.Changpeng Zhao, Binance's CEO, had previously hinted at this possibility, which came to fruition with the launch of XTZ staking on the platform. The official cryptocurrency wallet app of choice for Binance has added support for Tezos (XTZ). Additionally, the app is working on introducing a staking feature for Proof-of-Stake-based cryptocurrencies.This article will delve into the details of Binance's support for Tezos staking, exploring what it means for users, the benefits of staking, and the broader implications for the cryptocurrency ecosystem.
What is Tezos (XTZ) and Why Stake It?
Before diving into the specifics of Binance's support, it's important to understand what Tezos (XTZ) is. Major cryptocurrency exchange Binance has announced staking rewards for Tezos starting Dec. 4 Please note, this is a STATIC archive of website cointelegraph.com from, cach3.com does not collect or store any user information, there is no phishing involved.Tezos is a decentralized, open-source blockchain platform designed to support assets and applications.It distinguishes itself through its ability to evolve and upgrade itself.One of its key features is its Proof-of-Stake (PoS) consensus mechanism, which allows token holders to participate in the network's operation and earn rewards.
Staking, in essence, is the act of holding cryptocurrencies to support the operation of a blockchain that uses a Proof-of-Stake consensus mechanism. Binance s official crypto wallet app is preparing a new staking feature, which is set to launch by the end of the second quarter. Staking involves the act of holding cryptocurrencies as part of the process of running blockchains that use Proof-of-Stake consensus mechanism.By staking your Tezos, you are essentially participating in the validation of transactions on the network, contributing to its security and stability.In return for this contribution, you receive staking rewards, which are distributed periodically.
- Contribute to Network Security: Staking helps secure the Tezos blockchain.
- Earn Passive Income: Receive rewards for staking your XTZ.
- Participate in Governance: Contribute to the decision-making process of the Tezos network.
Binance's Support for Tezos Staking: The Details
Binance's announcement of Tezos staking support was met with enthusiasm, opening up a new avenue for users to earn rewards on their XTZ holdings.Here's a breakdown of what Binance offers:
Launch Date and Initial Plans
Binance officially launched its support for Tezos (XTZ) staking starting December 4th. Binance s United States-based arm, Binance.US, will launch staking rewards for Tezos on April 16, to totally support three tokens for stakingStarting on this date, Binance users were able to trade XTZ.Also, the rewards are calculated daily based on snapshots of users' XTZ balances and distributed monthly.
How to Participate
To participate in Tezos staking on Binance, users need to hold at least 1 XTZ in their Binance account. Cryptocurrency exchange Binance is adding support for tezos (XTZ) token staking, starting Dec. 4.Binance then takes hourly snapshots of user XTZ balances to calculate staking rewards. Cryptocurrency exchange Kraken is launching support for Tezos staking starting on Dec. 13. Cryptocurrency exchange Kraken is launching support for Tezos staking, according to an announcement published on Dec. 11. Starting on Dec 13, Kraken will enable its users to trade with XTZ and obtain instant financial rewards.The distribution of rewards is determined by the following formulas:
- XTZ generated by each user: Total XTZ staking rewards received by Binance * User XTZ holdings ratio.
- User XTZ holdings ratio: User XTZ holdings / Total XTZ staked by Binance.
This ensures that users receive rewards proportional to the amount of XTZ they are staking.
Binance.US and Tezos Staking
Binance's United States-based arm, Binance.US, also offers Tezos staking.This allows US-based users to buy, sell, convert, or stake XTZ on a regulated platform with low fees. Binance said that users must hold at least 1 XTZ in order to qualify for staking rewards. Tezos is currently trading at $1.30. Binance s CEO Changpeng Zhao had hinted at the possibility of staking in September, when the exchange initially listed the coin with three trading pairs against Bitcoin (BTC), Tether (USDT) and Binance Coin (BNB).Binance.US also provides advanced trading options, including XTZ/USD, XTZ/BUSD, and XTZ/BTC trading pairs.
Staking Rewards Distribution
Binance distributes Tezos staking rewards monthly.The exact amount of rewards can vary depending on the overall network conditions and Binance's staking participation. Cryptocurrency exchange Kraken is launching support for Tezos (XTZ) staking, according to an announcement published on Dec. 11. Starting on Dec 13, Kraken will enable its users to trade with XTZThe exchange states that the first distribution was completed before the end of the corresponding month.
Benefits of Staking Tezos on Binance
Staking Tezos on Binance offers several compelling benefits to users:
- Convenience: Binance handles the technical aspects of staking, making it easy for users to participate without needing technical expertise.
- Liquidity: Users can typically unstake their Tezos relatively quickly, allowing them to access their funds if needed.This contrasts with some other staking methods that require longer lock-up periods.
- Security: Binance provides a secure platform for storing and staking Tezos, reducing the risk of losing funds due to security breaches.
- Accessibility: With a low minimum staking requirement of 1 XTZ, staking is accessible to a wide range of users, regardless of their portfolio size.
How to Start Staking Tezos on Binance: A Step-by-Step Guide
If you're interested in staking Tezos on Binance, here's a simple guide to get you started:
- Create a Binance Account: If you don't already have one, sign up for a Binance account and complete the verification process.
- Deposit Tezos (XTZ): Purchase XTZ on Binance or transfer XTZ from another wallet to your Binance account.
- Hold XTZ in Your Account: Simply hold at least 1 XTZ in your Binance account. Fellow Binancians, Binance will add support for Tezos (XTZ) staking startin. Buy Crypto. Markets. Trade. Basic. Spot. Contracts settled in cryptocurrency. Options.No further action is required to begin staking.
- Receive Staking Rewards: Binance will automatically calculate and distribute your staking rewards monthly.
Alternative Staking Methods: Beyond Binance
While Binance offers a convenient way to stake Tezos, it's not the only option available. Starting from, Binance will begin taking hourly snapshots of user XTZ balances at UTC. XTZ generated by each user = Total XTZ staking rewards received by Binance User XTZ holdings ratio. User XTZ holdings ratio = User XTZ holdings / Total XTZ staked by Binance.Here are some alternative staking methods to consider:
- Solo Staking: Running your own Tezos node and staking directly on the network. Binance the second-largest cryptocurrency exchange by daily trade volume has announced support for Tezos (XTZ) staking, according to an announcement pubThis requires technical expertise but provides the most control over your staking activities.
- Delegated Staking: Delegating your staking power to a baker (validator) on the Tezos network. Binance the second-largest crypto exchange by daily trade volume has announced support for Tezos (XTZ) staking, according to an announcement published on Dec. 3. Starting on Dec. 4, Binance s users will be able to trade with XTZ, with XTZ rewards to be calculated daily based on live snapshots and distributed monthly.This is a popular option for users who don't want to run their own node but still want to participate in staking.
- Exchange Staking (Other Exchanges): Several other cryptocurrency exchanges, such as Kraken, also offer Tezos staking.
- Liquid Staking: Liquid staking allows you to stake your Tezos while still maintaining access to its liquidity. The exchange states the first distribution will be completed before . Binance Adds Support for Zero Fee Tezos Staking. Dec. 3, 2025 CryptocurrencyPlatforms offering liquid staking give you a token representing your staked XTZ, which you can use in DeFi applications.
Choosing the Right Staking Method for You
The best staking method for you depends on your individual circumstances and preferences. Major cryptocurrency exchange Binance has announced staking rewards for Tezos starting Dec. 4. Binance the second-largest crypto exchange by daily trade volume has announced support for Tezos (XTZ) staking, according to an announcement published on Dec. 3. Starting on Dec. 4, Binance s users will be able to trade with XTZ, with XTZ rewards MoreConsider the following factors when making your decision:
- Technical Expertise: Are you comfortable managing your own node, or do you prefer a more hands-off approach?
- Control: How much control do you want over your staking activities?
- Liquidity: Do you need to be able to access your staked Tezos quickly?
- Rewards: How do the potential rewards compare across different staking methods?
The Future of Tezos Staking on Binance
Binance's support for Tezos staking is likely to continue to evolve in the future. Binance is the world's leading cryptocurrency exchange, catering to over 270 million registered users in over 180 countries. With low fees and over 400 cryptocurrencies to trade, Binance is the preferred exchange to trade Bitcoin, Altcoins, and other virtual assets.As the cryptocurrency ecosystem matures, we can expect to see new features and improvements to staking platforms. The best crypto wallets in 2025 are Best Wallet, Ledger, Trezor, Exodus, Zengo, Trust Wallet, MetaMask, Coinbase Wallet, Tangem, and Phantom. The best cryptocurrency wallet is a secure digital tool used to store, send, and receive cryptocurrencies safely.Binance may introduce more advanced staking options, such as locked staking periods with higher rewards, or integrate Tezos staking with other Binance products and services.
Impact on the Tezos Ecosystem
Binance's decision to support Tezos staking has had a significant positive impact on the Tezos ecosystem. Binance the second-largest crypto exchange by daily trade volume has announced support for Tezos (XTZ) staking, according to an announcement published on Dec. 3. Starting on Dec. 4By making staking more accessible to a wider audience, Binance has helped to increase the overall participation in the Tezos network. Binance Cryptocurrency Exchange Adds Support for Tezos Staking Binance BNB CryptoExchange Tezos money finance wealth debtThis has led to greater security and stability for the blockchain, as well as increased demand for XTZ tokens. 72K subscribers in the tezos community. Tezos is a decentralized blockchain for assets and applications that can evolve by upgrading itselfFurthermore, the increased awareness and adoption of Tezos can attract new developers and users to the platform, further strengthening its ecosystem.
Tezos Staking Risks
Even though staking can be lucrative, it's crucial to understand the possible risks before getting involved:
- Slashing: Although rare on platforms like Binance, some staking methods involve the risk of ""slashing,"" where a portion of your staked funds is penalized if the validator you're delegating to behaves maliciously or fails to properly validate transactions.
- Lock-up Periods: Some staking arrangements lock your tokens for a certain period. 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, XTZ/BUSD, and XTZ/BTC. What is Tezos (XTZ)?If you need access to your funds urgently, this could be a problem.
- Market Volatility: The value of Tezos can fluctuate. Earlier in December, the second-largest cryptocurrency exchange in terms of daily trade volume, Binance, announced support for XTZ staking. Initially, Binance s CEO Changpeng Zhao hinted at the possibility of staking in September, when the exchange initially listed the coin with three trading pairs against Bitcoin, Tether (USDT) and BinanceThe rewards you earn through staking might be offset by a decrease in the token's price.
- Platform Risks: Using a third-party platform like Binance introduces a level of risk, although Binance is known for its robust security measures.
Tezos Staking Taxation
Staking rewards are generally considered taxable income. Fellow Binancians, Binance will add support for Tezos (XTZ) staking startinIt's essential to keep accurate records of your staking activities and consult with a tax professional to understand the tax implications in your jurisdiction. Choose a cryptocurrency that supports staking, like Ethereum, Cardano, or Solana. Check the minimum requirements, expected rewards, and lock-up rules. 2. Choose how you want to stake Decide between solo staking, delegated staking, exchange staking, or liquid staking. Each method balances control, ease, and risk differently. 3.Tax laws concerning cryptocurrency staking can be complex and may vary depending on where you live.
How Do Tezos Staking Rewards Compare to Other Cryptocurrencies?
The staking rewards for Tezos can vary depending on factors like network participation and the staking method used.It's crucial to compare these rewards with those of other stakeable cryptocurrencies like Ethereum, Cardano, and Solana.Consider the risk-reward ratio, the lock-up periods, and the overall stability of the respective blockchains when making your decision.
Frequently Asked Questions (FAQs) about Tezos Staking on Binance
What is the minimum amount of XTZ required to stake on Binance?
The minimum amount of XTZ required to stake on Binance is 1 XTZ.
How often are Tezos staking rewards distributed on Binance?
Tezos staking rewards are distributed monthly on Binance.
Does Binance.US support Tezos staking?
Yes, Binance.US supports Tezos staking, allowing US-based users to participate.
What happens if I unstake my Tezos before the end of the month?
You will typically still receive staking rewards for the period that your Tezos was staked, but you may forfeit rewards if unstaking occurs too close to the snapshot time.
Is Tezos staking safe on Binance?
Binance is a reputable exchange with robust security measures, making Tezos staking relatively safe.However, it's always important to be aware of the risks associated with cryptocurrency staking.
Conclusion
Binance's support for Tezos staking represents a significant development for both the exchange and the Tezos blockchain.By providing a convenient and accessible way for users to earn rewards on their XTZ holdings, Binance has helped to increase participation in the Tezos network and promote greater adoption of the cryptocurrency.Whether you're a seasoned cryptocurrency enthusiast or new to the world of digital assets, staking Tezos on Binance offers a compelling opportunity to earn passive income and contribute to the security and stability of a promising blockchain platform.Remember to weigh the benefits against the risks, and choose the staking method that best suits your individual needs and risk tolerance.With its focus on self-amendment and on-chain governance, Tezos is positioned as a platform that can evolve and adapt, and Binance's support enhances this potential significantly.
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