Bitfinex a cryptocurrency exchange company has just announced that TRON Foundation’s TRX is now available for staking on their platform and users can now start earning rewards with regular payouts just for holding TRX on their Bitfinex accounts.
Tron ($TRX) is now available for Staking on Bitfinex!
— Bitfinex (@bitfinex) May 6, 2020
The soft-staking program allows users to easily and securely generate rewards by holding their digital tokens on Bitfinex. The convenience of simply depositing tokens and earning weekly staking rewards into your account makes it more desirable to use the Bitfinex platform.
Bitfinex supported digital tokens are:
- TRON (TRX)
- EOS (EOS)
- Tezos (XTZ)
- COSMOS (ATOM)
- Algorand (ALGO)
- V.Systems (VSYS)
Bitfinex also mentioned that they don’t have any minimum or maximum digital token holdings requirement to start staking and there are no fees to use their staking service.
Asides from staking tokens, Bitfinex also offers professional trading with different cryptocurrencies, exchanges, and margin funding. This allows users to have a secure way to earn interest on fiat and digital assets.
Who is Bitfinex?
Bitfinex is a crypto exchange owned and operated by iFinex Inc, which is headquartered in Hong Kong and registered in the British Virgin Islands. It was founded in December of 2012 as a peer to peer Bitcoin exchange, offering digital asset trading. The company’s strategy focuses on providing unparalleled support, tools, and innovation for professional traders and liquidity providers worldwide.
Tron Foundation has continued to be one of the leading companies in the cryptocurrency industry and with the partnership with Bitfinex, this surely would be the start of more companies having an interest in staking with TRX into their platforms.
Would you be interested in staking TRX into the Bitfinex platform? Let us know in the comments below and for more news, see Tron Spark.