eToro has shared some good news with its customers. - now the Cardano staking service is available to customers. Note that this is one of the first regulated platforms where such service appeared. EToro said the staking payments will be monthly. Many participants in the crypto market commented positively on this decision of the company, including the founder of Tron, Justin Sun.

“We are proud of our achievements and plan to work in this direction in the coming months. Next up for staking is the Tezos token, ”said eToro CEO Yoni Assia. He also noted that the company is preparing to launch Ethereum 2.0 and POS in order to promptly offer investors ETH2.0 staking.

Today, eToro users in the US, UK or Europe who own ADA or TRX can stake and receive rewards. Some of the profits will go to eToro's balance sheet as a commission. Note that while eToro is introducing staking, Binance announced that it would discontinue the service, disappointing many users.

Read our expert view of eToro to know more.