Coinbase support in the United Kingdom, the Tezos-Staking

Coinbase users in the UK, France, Spain and the Netherlands can now capture Tezos stocks stake and rewards.

Coinbase customers in the UK and three other European countries can now secure rewards by using your Tezos Coins via “Staking”, as the US-crypto exchange announced.

On Thursday, the American stock exchange announced the introduction of the Services to the Tezos-Staking for its customers in the UK, France, Spain and the Netherlands. Users Deposit their Coins on the exchange and hold it there, earn with your stock now interest rates.

Coinbase announced that customers have already earned two million dollars with your Tezos stocks. The new Feature the company launched in November of 2019 in the US market and to steadily expand.

 

Staking platforms are growing in popularity

 

The introduction of the Staking offer for British and European investors will start in a Moment, in the investors more and more often to passive income on your stocks, set. Coin holders can lend their quota to other, and so the stock in the network of the provider with secure.

Participants in the so-called Proof-of-Stake systems, lock down your assets so that you can get interest rates. This is always done for a certain period of time. PoS networks differ from Proof-of-Work systems in that the latter systems, secure networks, in addition, transactions are processed by means of Mining. The former systems such as, for example, Cardano rely on validators that use their stocks for the Block-processing””.

Coinbase offers a Service to the Staking-Integration in the stock exchange, by the per year and up to 5 % interest rates to lure you in. The participation in the platform, requires the Tezos purchase via the platform itself. Who shall keep ready Tezos in a separate Wallet, you can transfer to the stock exchange for the Staking.

Crypto-exchanges these days no stone unturned in order to generate new customers. Both private investors as well as institutional investors are expected to benefit from crypto-Assets, what is to be achieved by the simplified Earn. The typical price fluctuations and related risks are excluded in the Staking, however.

Coinbase on the Coinbase Custody platform for some time now Staking, which is aimed at investors worldwide.

In the framework of its measures, in order to attract institutional investors in the crypto world, launched Coinbase various functions, and in addition, has recently acquired the Prime Brokerage provider Tagomi.

The good Staking model from Coinbase, the exchange Binance followed with a Staking platform.