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Binance has launched a platform for staking crypto assets

Binance has launched a platform for staking crypto assets

Binance, The largest cryptocurrency exchange by trading volume, has introduced a platform for betting.“You literally don’t have to do anything. Your funds on Finance automatically participate in the service. You can still trade as usual” ” wrote the head of the exchange, Changpeng Zhao.

The betting Platform supports eight PoS projects: NEO (revenue in GAS), Ontology (revenue in LONG), Chain (revenue in THE), Stellar (XLM), Komodo (KMD), Algorithand (ALGO), Qtum (QTUM), and Stratis (STRAT).

To receive remuneration for betting, you do not need to install additional SOFTWARE, “worry about minimum amounts, deadlines and any other technical requirements,” the exchange stressed.

Earlier, the staking support service was launched by the custodial cryptocurrency division of Coinbase. The first supported PoS project was Tezos.