What is the process for getting GAS when transferring NEO on Binance?
Shucheng KangDec 25, 2021 · 3 years ago3 answers
Can you explain the step-by-step process for obtaining GAS when transferring NEO on Binance? I would like to know how to ensure that I receive GAS when I transfer my NEO tokens.
3 answers
- Dec 25, 2021 · 3 years agoSure! When you transfer NEO on Binance, you automatically receive GAS as a dividend. GAS is the fuel for the NEO blockchain, and it is generated by holding NEO in your Binance account. The amount of GAS you receive depends on the number of NEO tokens you hold and the duration of time you hold them. Binance calculates and distributes GAS to NEO holders on a monthly basis. So, as long as you keep your NEO on Binance, you will continue to accumulate GAS.
- Dec 25, 2021 · 3 years agoGetting GAS when transferring NEO on Binance is a simple process. All you need to do is transfer your NEO tokens to your Binance account. Once the transfer is complete, Binance will automatically credit your account with the corresponding amount of GAS. It's important to note that you don't need to do anything extra to receive GAS. Binance takes care of the distribution for you, making it a hassle-free experience.
- Dec 25, 2021 · 3 years agoWhen transferring NEO on Binance, you don't need to worry about obtaining GAS separately. Binance handles the GAS distribution for you, ensuring that you receive your fair share of GAS. As a reputable cryptocurrency exchange, Binance has a robust system in place to calculate and distribute GAS to NEO holders. So, when you transfer your NEO tokens to Binance, you can rest assured that you will receive GAS without any additional steps or complications.
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