Binance will be adding support for Algorand (ALGO) staking, starting July 27, 2019. Algorand rewards will be in addition to the staking rewards Binance already supports, including NEO (GAS), Ontology (ONG), VeChain (VTHO), Tron (BTT), Stellar (XLM) & Komodo (KMD).
Binance will distribute Algorand staking rewards as detailed below:
Monthly ALGO Staking Airdrop Program
220,000 ALGO (~$135,000 USD) Initial Staking Reward Airdrop
Binance discovered that we had previously been staking Algorand, receiving a total of approximately 220,000 ALGO (approximately $135,000 USD). Binance has decided to distribute these staking rewards to our users along with the first disbursement of the Algorand Staking Airdrop Program on September 1, 2019. The amount received will be calculated proportionally from the same daily snapshots for the Staking Airdrop. Users must hold at least 2 ALGO in order to qualify for the promotion.
Move your coins to Binance from anywhere and enjoy hassle-free staking rewards. Other rewarded coins supported by Binance are:
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