Binance Staking starts Locked Staking Support for NEM (XEM)

Binance Staking Exchange

Binance Staking: First appeared on

Fellow Binancians,
Binance Staking is launching support for NEM (XEM) Locked Staking at 2020/08/18 12:00 PM (UTC), where Flexible Locked and 30-day locked staking products will be made available. Further details are below:
  • Locked Staking Format: First-come-first-served basis.
  • Interest Calculation Period: From 0:00 AM (UTC) on the day after locked staking is confirmed to the end of the corresponding product period.
  • Interest Payout Time: Immediately after maturity.

Offered Products (Instant Locked Staking)

Binance Staking Exchange

Please note:
  • XEM unlock period from locked staking products: 1 day.
  • Users can view their locked staking assets by going to Wallets > Savings > PoS.
  • Once your tokens are locked-up using a Locked Staking product, your assets will no longer earn monthly staking rewards.
  • Locked Staking FAQ.
Thanks for your support!
Binance Team
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About Binance

Binance is a Malta based exchange for cryptocurrencies, providing a platform for trading various cryptocurrencies. Binance is currently the largest cryptocurrency exchange in the world in terms of trading volume.

Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software. Binance was initially based in China, but later moved out of China due China’s increasing regulation of cryptocurrency

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