Binance US staking program to reward Cosmos and Algorand holders

Binance US staking operations will soon go live. In a surprising move, the U.S. branch of Binance has begun the token staking operations saying it will reward its users for staking Cosmos and Algorand tokens. Later on, the exchange will add more ‘Proof-of-Stake’ coins to the said program. It seems that Binance.US has followed its brother based in Malta. As per the official announcement, the Binance US staking program will go live on the platform from next month. The program will initially feature ALGO and ATOM coins where the exchange’s customers can perform staking to earn interest on their holdings.