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When do you earn gas on Binance?

avatarRaviraj ParabDec 16, 2021 · 3 years ago3 answers

Can you explain when and how gas is earned on Binance?

When do you earn gas on Binance?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Gas is earned on Binance when you hold NEO in your Binance wallet. NEO is a cryptocurrency that generates GAS as a dividend. The amount of GAS you earn depends on the amount of NEO you hold and the duration of your holding. Binance distributes GAS to NEO holders on a monthly basis. So, the longer you hold NEO on Binance, the more GAS you will earn. It's a great way to passively earn additional cryptocurrency while holding NEO.
  • avatarDec 16, 2021 · 3 years ago
    You earn gas on Binance when you have NEO in your Binance wallet. NEO is a cryptocurrency that generates GAS as a reward for holding it. The amount of GAS you earn is proportional to the amount of NEO you hold. Binance distributes GAS to NEO holders regularly, usually on a monthly basis. So, if you want to earn gas on Binance, make sure to have some NEO in your wallet and hold it for a certain period of time.
  • avatarDec 16, 2021 · 3 years ago
    Gas can be earned on Binance by holding NEO in your Binance wallet. NEO is a cryptocurrency that generates GAS as a dividend. However, it's important to note that Binance does not distribute GAS directly to NEO holders. Instead, Binance collects the GAS generated by NEO and distributes it to NEO holders periodically. If you want to earn GAS on Binance, you need to hold NEO in your Binance wallet and wait for the distribution. Keep in mind that the amount of GAS you earn depends on the amount of NEO you hold and the duration of your holding.