Binance Exchange Rewards Ethereum Stakers with Starknet Tokens
Date: 2024-02-20 Author: Dima Zakharov Categories: BUSINESS
Binance's Generous Reward Program
Binance, one of the leading cryptocurrency exchanges globally, has unveiled an enticing offer for Ethereum stakers. They will be rewarded with Starknet tokens, a cryptocurrency native to the second-layer blockchain network of Ethereum.
Rewards for Ethereum Stakers
Within the next 30 days, Binance will distribute Starknet tokens (STRK) to users' cryptocurrency wallets. These tokens will be granted to individuals who held staking assets called Beacon ETH (BETH) on their balances as of September 15, 2022, instead of locked ETH.
Details Awaited
While Binance representatives have not disclosed the exact amount of Starknet tokens allocated per BETH, this information, along with the list of participating wallets, will be announced shortly. However, residents of Russia, Cuba, Iran, North Korea, and Syria may not be eligible for this airdrop, as indicated by Starknet developers.
Benefits for Starknet Holders
Starknet token holders will enjoy various privileges, including using STRK for transaction fees within the Starknet network, participating in blockchain project governance, and staking tokens for rewards. Additionally, starting February 20, Binance will facilitate trading for Starknet tokens, enabling users to exchange them for other digital assets.
