The Simple Technique to Get Into Staking
14 December 2022 in Schooling
Stake a Digital Coin on Bitfinex
The Bitfinex Smooth-staking program permits prospects to simply generate rewards by merely holding digital tokens on Bitfinex. Staking rewards could be as excessive as 8%* per yr for supported Digital Tokens.
Three Steps to Stake Digital Tokens on Bitfinex
- On the Bitfinex staking web page, browse our checklist of staking-supported digital tokens and choose which of them finest go well with you.
- After that, merely deposit your chosen digital tokens into your Bitfinex account, or purchase them on the platform, to start staking.
- Watch your account develop as Bitfinex routinely deposits your staking rewards into your account on a weekly foundation. That’s it! Please learn our FAQs for particulars.
What Digital Tokens are Supported on Bitfinex
- Tron (TRX) — Estimated annual staking rewards — 6% – 8%*
- EOS (EOS) — Estimated annual staking rewards — 0% – 3%*
- Tezos (XTZ) — Estimated annual staking rewards — 3% – 5%*
- COSMOS (ATOM) — Estimated annual staking rewards — 1.5% – 3%*
- Solana (SOL) — Estimated annual staking rewards — as much as 6.5%*
- Polygon (MATIC) — Estimated annual staking rewards — 4.5% – 6%*
- Cardano (ADA) — Estimated annual staking rewards — 4% – 5%*
- Polkadot (DOT) — Estimated annual staking rewards — as much as 7%*
- Ethereum 2 (ETH2) — Estimated annual staking rewards — as much as 3.5%*
- Kusama (KSM) — Estimated annual staking rewards — as much as 8%*
* That is the estimated annual staking reward for staked tokens. For ETH staking, the estimated annual staking reward is predicated on rewards as of Thursday, December eighth, 2022, and rewards will range primarily based on the Ethereum protocol. Precise annualised staking rewards could differ. Bitfinex makes no ensures concerning the quantity of any staking rewards.
** To stake ETH2, it’s essential to opt-in. Please see the FAQs for extra particulars.
https://weblog.bitfinex.com/schooling/the-easy-way-to-get-into-staking/