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2020-11-10
News eToro
eToro launches staking service for popular cryptocurrencies

eToro launches staking service for popular cryptocurrencies

eToro is one of the first brokers that announced launching its own staking service that enables users to earn rewards for supporting networks of Cardano (ADA) and TRON (TRX). Over 14 million registered users of multi-asset platforms will have access to the new option.

“Staking rewards are distributed to users every month, in the supported cryptoasset, for the previous month’s staking, with no action required on the part of the users themselves. The staked cryptoassets remain the property of the eToro users; in turn, eToro users entrust eToro to effectively and securely execute the entire staking procedure for them,” said broker in a press-release.

To know all the pros and cons of the broker, as well as customer feedback on its work, read the eToro expert review on the Forex-Up portal.

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