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Binance Trust Wallet Adds Staking Rewards

Xuefei Ju

Summary: According to Binance blog post, Binance official digital wallet Trust Wallet has added staking for cryptocurrencies. This function will be launched by the end of second quarter of 2019. The staking function will allow users to earn dividends or interests on their investments by validating transactions and vote on changes in blockchain. Staking feature is ...

According to Binance blog post, Binance official digital wallet Trust Wallet has added staking for cryptocurrencies. This function will be launched by the end of second quarter of 2019. The staking function will allow users to earn dividends or interests on their investments by validating transactions and vote on changes in blockchain. Staking feature is a byproduct of the PoS consensus algorithm. Trust Waller also added support for Tezos (XTZ), and plans to add support for staking in its on-chain governance mechanism.

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