News • 2 min read
By Bitpanda
03.08.2022
After launching Bitpanda Staking earlier in the year, we’re excited to add five new coins for our community to stake, taking the total to 15. For anyone new to crypto investing, staking lets you earn weekly rewards by putting your coins to work as part of the blockchain validation process.
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). Take a look at the new coins and their estimated yields below.
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:
No lock-in periods
At Bitpanda, the assets you stake are not locked in, meaning that you can access them at any time. Ultimately, any of the 15 coins and tokens you choose to stake with Bitpanda is yours to use how you want and when you want.
No warm-up periods
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.
Weekly rewards
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 is now available for professionals and beginners alike. Start staking with us today to start earning weekly rewards. 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. More info in the T&Cs.
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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