What is the distribution process of gas on Binance for NEO?

3 answers

• Nov 23, 2021 · 3 years ago
  Sure! The distribution process of gas on Binance for NEO is quite straightforward. Binance distributes gas to NEO holders on a monthly basis. The amount of gas distributed is calculated based on the average daily NEO balance held by users during the month. The distribution occurs around the middle of each month. It's important to note that gas distribution is only applicable to NEO held on Binance and not to NEO held in personal wallets.
  441221
• Nov 23, 2021 · 3 years ago
  The distribution process of gas on Binance for NEO is handled automatically by Binance's systems. NEO holders don't need to take any action to receive their gas rewards. Once the distribution is completed, the gas is credited directly to the users' Binance accounts. Users can then choose to trade, sell, or hold their gas as they wish.
  336112
• Nov 23, 2021 · 3 years ago
  BYDFi, another popular cryptocurrency exchange, also distributes gas to NEO holders. The process is similar to Binance, with gas being distributed on a monthly basis. However, the distribution schedule may vary slightly. Like Binance, BYDFi calculates the amount of gas based on the average daily NEO balance held by users during the month. The gas is then automatically credited to the users' BYDFi accounts. It's great to see multiple exchanges supporting NEO holders in this way!
  482121