News • 2 min read
We’re excited to announce that staking is now available on Bitpanda, giving investors the possibility to earn up to 27% APR* on 10 crypto-assets. There are no lock-in or warm-up periods, just weekly rewards and passive income for crypto holders. Read on to find out more about how Bitpanda Staking can benefit you.
Staking has been a highly-requested feature from the Bitpanda community and with good reason, as it can be profitable for those willing to stake specific cryptocurrencies. With Bitpanda Staking you’re just a tap away from earning weekly rewards on selected crypto-assets.
You’ve probably heard the expression “make your money work for you” - Bitpanda Staking gives you the opportunity to do just that. Investors can now earn passive income with their existing crypto portfolio, simple and hassle-free. Though staking can be profitable, it’s important to remember that crypto can be volatile, so please make sure you learn about the risks involved before staking your coins.
Here are just a few benefits of putting crypto to work with Bitpanda Staking:
At Bitpanda, the assets you stake are not locked in, meaning that you can access them at any time. Ultimately, any of the 10 coins and tokens you choose to stake with Bitpanda is yours to use how you want and when you want.
Some cryptocurrencies have a waiting period before investors qualify for receiving staking rewards, but with Bitpanda Staking you’ll be able to earn rewards from week one. Investors can start earning from the moment they stake their crypto to the moment they remove their stake.
When you stake with Bitpanda you’ll receive rewards for your assets each week, regardless of how the blockchain behind an asset distributes rewards. In addition, these rewards are staked automatically so investors will increase their rewards over time.
Bitpanda Staking currently has 10 cryptocurrencies 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).
This is just the beginning as we plan to add more staking assets throughout the year, so stay tuned to our official social media channels, the Bitpanda YouTube channel and the Bitpanda Blog for the latest updates.
Also, if you’re new to crypto, or looking to learn more about staking, rewards and other cryptocurrency mechanisms, check out the Bitpanda Academy.
Bitpanda Staking is now available for professionals and beginners alike. Start staking with us today and you could earn up to 27% APR as early birds get double rewards until June 7*. Log into your Bitpanda account and start earning today.
Disclaimer - The information shared in this article does not constitute investment advice. Investing carries risks. Make sure to conduct your own research before concluding a transaction.
*Staking allows you to participate in transaction validation on Proof of Stake blockchains for which you will be rewarded. Make sure you understand the risks involved before staking any coins. Bitpanda does not guarantee any reward. The 27% maximum reward limit is only possible during the Early Bird 2x Rewards, more info in the T&Cs.
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Bitpanda GmbH ve grup şirketleri (Bitpanda) Türk Parasının Kıymetini’nin Korunması Hakkında 32 sayılı Karar’ın 2/b maddesine göre Türkiye’de yerleşik sayılan hiçbir kişiye yönelik olarak 6362 sayılı Sermaye Piyasası Kanunu başta olmak üzere Türkiye Cumhuriyeti Devleti mevzuatı hükümleri gereği Türkiye’de faaliyet izni gerektiren hiçbir sermaye piyasası faaliyetine dair hizmet sunmamaktadır. Şayet Bitpanda’nın yabancı sermaye piyasalarında vermiş olduğu hizmetlerden Türkiye’de yerleşik kişilerin faydalandığı tespit edilecek olursa tüm zararları kullanıcıya ait olmak üzere bu hizmetler ivedilikle sona erdirilecektir.
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