eToro Rolls Out Staking-as-a-Service for Cardano and Tron

eToro Rolls Out Staking-as-a-Service for Cardano and Tron
фото показано с : zycrypto.com

2020-10-2 10:43

Crypto brokerage firms are charging into the cryptocurrency staking scene. More and more cryptocurrency companies are beginning to offer staking as a service and experts are thinking this will bring a lot more people to the blockchain world.

Now eToro, the social trading, and multi-asset brokerage company, is offering staking services for Tron and Cardano. 

Tron founder Justin Sun released a statement about the new staking as a service offering at eToro. 

“As we continue to see diminishing returns from traditional [centralized finance] services, [decentralized finance] is continuing to expand. Services such as eToro’s new staking service takes the complexity and confusion out of the staking process, and makes it accessible to everyone.”

Cryptocurrency users who stake with eToro will receive rewards on a monthly basis with an annual yield of 5.78% with TRX and 7.82% with ADA. 

Cardano has been expanding its presence in the digital assets sector. They intend on expanding their custodial staking options to be widely available and have already announced a future partnership with the crypto onboarding giant Coinbase.

eToro CEO and Co-founder Yoni Assia is excited about the prospect of offering great interest rates to potentially millions of customers.

“eToro has a large and active crypto community and our goal is to ensure that we are always offering them the very best products and services,” the CEO said. 

He also touched on how new this industry is and how he’s proud to be a pioneer in Cardano staking. 

“We are proud to be one of the first regulated platforms to offer a staking service for Cardano and will be further expanding our staking service in the coming months.”

As trusted and reliable companies continue to grow their staking services, many new individuals and businesses will be more comfortable entering the crypto scene. A lot of folks have fears about making mistakes in the blockchain world and having proven secure custody, with a track record of gains will surely add new faces to the party. 

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cryptocurrency staking experts thinking service offer blockchain

Источник: zycrypto.com

cryptocurrency staking → Результатов: 126


How to Maximize Profitability with Cryptocurrency Staking

Cryptocurrency staking first exploded into popularity back in 2013 with the release of Peercoin — the first cryptocurrency based on the Proof of Stake (PoS) consensus mechanism.  Peercoin became the first prominent cryptocurrency to offer staking rewards to holders, allowing them to essentially lock up their coins to help secure the network, while receiving regular […] The post How to Maximize Profitability with Cryptocurrency Staking appeared first on NullTX.

2020-6-17 18:48


Фото:

An Introductory Guide to Staking Cryptocurrencies

Similar to traditional financial ecosystem where strict guidelines govern the way new fiat currencies are minted by central banks, the decentralized world of blockchain-based cryptocurrencies have several consensus algorithms (proof-of-work (PoW), proof-of-stake (PoS), delegated-proof-of-stake (DPoS), and others which leverage different principles to mint new coins, secure a distributed ledger and partake in governance.

2019-4-8 17:00


Coinbase CEO says crypto-winter only for coin prices; claims it’s summer for innovation

Brian Armstrong, CEO and Co-founder of Coinbase, spoke about the new staking service provided by the platform for institutional investors, in an interview with Fortune’s Jeff Roberts. Towards the end of March 2019, Coinbase announced that they would be launching offline staking support for Proof-of-Stake cryptocurrencies, starting with Tezos [XTZ], the nineteenth largest cryptocurrency by […] The post Coinbase CEO says crypto-winter only for coin prices; claims it’s summer for innovation appeared first on AMBCrypto.

2019-4-2 18:00


Coinbase Custody clients will be able to participate in MakerDAO’s governance in Q2-2019

Coinbase, a leading cryptocurrency exchange in the United States, has been in the limelight over the past few weeks. The exchange is now in the news after it added new services to its platform. Coinbase announced the launch of staking support for Tezos as well as governance support for MakerDao for their Coinbase Custody clients.

2019-3-30 22:30


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