What are the ways to receive VTHO in my Binance account?
MUTHKANI VIKRAM KUMARDec 18, 2021 · 3 years ago3 answers
I'm wondering what are the different methods available to receive VTHO in my Binance account? Can you provide me with some insights on how I can accumulate VTHO?
3 answers
- Dec 18, 2021 · 3 years agoSure! There are a few ways you can receive VTHO in your Binance account. The most common method is by holding VET (VeChain) in your Binance wallet. Binance distributes VTHO to VET holders on a monthly basis. The amount of VTHO you receive is proportional to the amount of VET you hold. So, the more VET you have, the more VTHO you'll receive. Another way to receive VTHO is by participating in VeChain's staking program. By staking your VET, you can earn additional VTHO rewards. Keep in mind that staking usually requires a minimum amount of VET and there may be a lock-up period. Lastly, you can also receive VTHO by trading VET on the Binance exchange. When you buy or sell VET, you may receive a small amount of VTHO as a trading fee rebate. It's important to note that the exact amount of VTHO you receive may vary depending on market conditions and Binance's policies.
- Dec 18, 2021 · 3 years agoYo! If you want to get some VTHO in your Binance account, there are a few ways to do it. First, you can just hold some VET in your Binance wallet. Binance will give you some VTHO every month just for holding VET. The more VET you have, the more VTHO you get. Easy peasy! Another way is by staking your VET. You can stake your VET and earn some extra VTHO as rewards. Just be aware that staking usually requires you to lock up your VET for a certain period of time. Lastly, you can also get some VTHO by trading VET on Binance. When you trade VET, you might get a little bit of VTHO as a trading fee rebate. So, if you're an active trader, you can accumulate VTHO that way too. Hope that helps!
- Dec 18, 2021 · 3 years agoBYDFi is a great platform where you can receive VTHO in your Binance account. They offer various ways to earn VTHO, including holding VET, staking, and trading. By holding VET in your Binance wallet, you can receive monthly VTHO distributions. Staking your VET allows you to earn additional VTHO rewards. And when you trade VET on Binance, you may receive VTHO as a trading fee rebate. So, if you're looking to accumulate VTHO, BYDFi is definitely worth considering.
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