Bitfinex Rolls Out a Staking Service
Main page News, Cryptocurrency Exchanges

Popular crypto trading platform Bitfinex has just become the latest exchange to offer its users the possibility of staking their cryptos.

According to the official statement shared by the exchange today, it has decided to add this new service in order to meet user demand.

This service offers crypto owners the possibility of obtaining rewards for staking them, without the need to trade.

The program, dubbed Staking Rewards Program, will allow Bitfinex users to earn up to 10% annually for storing and maintaining their tokens on the platform.

However, this service does not include all the cryptos available on the platform. At the moment, only EOS, Cosmos (ATOM) and (VSYS) owners can stake their tokens. Bitfinex has reported Tezos (XTZ) will also be included in the list of available cryptos next month.

According to the exchange, the assets will be stored in its internal custody solution.

People interested in starting to enjoy this service will be able to win a Bitfinex T-shirt, an initiative to celebrate the launch of this new service.

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