Bitpanda adds Kava (KAVA), Avalanche (AVAX), Aave (AAVE), Elrond (EGLD), and Flow (FLOW) staking activities.
Following the launch of Bitpanda Staking at the beginning of the year, we are excited to add five new cryptos to give our community more options when staking, bringing the total to 15 crypto assets. For any newcomer to crypto investing, staking earns you weekly rewards by putting your coins to work as part of the blockchain validation process.
What are the new crypto assets for staking?
Bitpanda Staking currently has 10 crypto assets available for staking: Cardano (ADA), Tron (TRX), Tezos (XTZ), Solana (SOL), Polkadot (DOT), Polygon (MATIC), Cosmos (ATOM), Graph (GRT), Kusama (KSM) and Near Protocol (NEAR). Take a look at the new cryptos and the estimated returns for each when staking:
- Kava (KAVA) 18.40%
- Avalanche (AVAX) 6.93%
- AAVE (AAVE) 5.47%
- Elrond (EGLD) 9.50%
- Flow (FLOW) 4.80%
Why stake with Bitpanda?
Now you can earn passive income with your crypto portfolio in a simple and hassle-free way. Although staking can be profitable, it is important to remember that cryptocurrencies can be volatile, so make sure you know and understand the risks involved before staking your crypto. Here are some of the benefits of putting your Bitpanda Staking crypto to work:
- No lock-in periods
- On Bitpanda, the assets you stake are not locked, which means you can access them at any time. Ultimately, whichever of the 15 coins and tokens you choose to stake with Bitpanda is yours to use how you want, when you want.
- No waiting
- Some cryptocurrencies require a waiting period before investors can receive rewards when staking, but with Bitpanda Staking you can earn rewards from the first week. You can start earning from the moment you stake your crypto until the moment you cancel it.
- Weekly rewards
- When staking with Bitpanda you will receive rewards for your assets every week, regardless of how the rewards are distributed on the blockchain behind the asset. In addition, these rewards are automatically re-staken, so you can earn more rewards over time.
- Start now
- Bitpanda Staking is now available to everyone, experts and beginners alike. Start staking with Bitpanda today to start earning weekly rewards. Log in to your Bitpanda account and get started today.
Go to Bitpanda’s Official Website
Please check Bitpanda official website or contact the customer support with regard to the latest information and more accurate details.
Bitpanda official website is here.
Please click "Introduction of Bitpanda", if you want to know the details and the company information of Bitpanda.
(Forex Broker)
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...