Bitfinex Started Staking Services on Customer Demand
Bitfinex a well-known Crypto Currency Exchange has become the latest company introducing Staking Services for investors.
Interest Reward is up to 10% per annum on digital assets with valid Proof -Of-Stake algorithm by Bitfinex announced on April 3.
Paolo Ardoino, Bitfinex CTO said: “We’re committed to engaging our existing users and the wider community with new products and innovations, The Bitfinex Staking Rewards Program provides our users with another avenue to increase their holdings on our platform.”.
Bitfinex Staking Scheme On Customer Demand
Ardoino said Clint’s insisted Bitfinex that introduce Staking to increase their regular income by holding Crypto assets on the exchange. Bitfinex will allow stacking with only three crypto currencies – EOS, V-Systems (VSYS), and Cosmos (ATOM).
CTO also informs that the other tokens like Tezos (XTZ) will be added in May. Ardoino shared details of the future plan also of Bitfinex, new products will be launched “related to P2P margin trading and lending” and derivatives.
To make Staking services popular in the crypto network, Bitfinex announced a competition in which the winner will have the Honor to win Bitfinex Attire.
Passive Income
To attract customers to gain more profit from holding crypto assets. For more earning Crypto exchanges giving many options to their users.
To take benefits of interface OKEx consolidated it’s lending, staking and deposit together for extra income, Report on March 24. Also collective income Schemes for 32 Crypto assets.
” Staking is a unique passive income that could never be available in the traditional banking market. There’s no staking product in banking and finance.” by Lennix Lai, the director of financial markets OKEx.
