$STRK Binance, one of the leading cryptocurrency exchanges in the world, recently announced the distribution of 10,178,280 $STRK tokens from the Starknet Foundation. This distribution was made at a ratio of 10.26375 tokens for every $ETH staked by users on Binance. This move by Binance aims to incentivize users to stake their $ETH on the platform and participate in the growth of the Starknet network.
If you are an eligible user who has staked $ETH on Binance, you may be wondering how to claim your share of STRK tokens. Well, the process is quite simple and can be done within a few easy steps. Firstly, log into your Binance account and navigate to the “Wallet” tab. From there, select “Fiat and Spot” and then click on “Staking”. Here, you will see the option to claim your STRK tokens under the “Staking Distribution” section. Simply click on the “Claim” button and your tokens will be credited to your Binance account. It is important to note that the distribution of STRK tokens will be based on the amount of $ETH you have staked on Binance at the time of the snapshot taken by the exchange.
Now, if you haven’t staked your $ETH on Binance yet, don’t worry, you still have a chance to do so and earn STRK tokens. Staking on Binance is a simple process and can be done within a few clicks. Firstly, make sure you have some $ETH in your Binance account. If you don’t, you can easily buy some using the various fiat and cryptocurrency options available on the platform. Once you have $ETH in your account, go to the “Staking” section under the “Fiat and Spot” tab. Here, you will find a list of available staking options. Select the “ETH” option and click on “Stake Now”. You will then be prompted to enter the amount of $ETH you want to stake and confirm the transaction. Congratulations, you are now a staker on Binance and will be eligible to receive rewards in various cryptocurrencies, including STRK.
