Tidex is a multifunctional platform that provides infinite, according to its developers, possibilities. The platform recently launched functionality allowing to stake various cryptocurrencies. The project offers an alternative view on staking. Let’s explore some specifics of staking crypto on Tidex.
Amidst the corona crisis of 2020 many people are challenged to find additional and alternative sources of income to guarantee stable cash flow. Staking is one of such options.
Staking is the process of earning cryptocurrencies by holding them. There are various approaches to how it functions. For example, earning on staking on many decentralized projects (DeFi) assumes locking users’ funds for the needs of the project. This scheme is often used, among other options, for example for launching lending platforms. Users whose funds are engaged in lending get the percentage of the interests paid by borrowers.
Interesting fact! Staking might be seen as an alternative to traditional mining that is a very energy-intensive process, which, according to the Cambridge scientists, greatly harms the ecology.
Tidex is a multifunctional platform that lists the best staking offers in one place in order to simplify staker's selection process. Such approach to operating can be qualified as smart staking. Moreover, the project offers intuitively understandable technical solutions that make staking easy and effective.
6 reasons to start staking crypto on Tidex
* All offers at once place. On the platform, there are offers for staking crypto with different level of profitability. The process of selecting projects and analyzing their security by yourself might take plenty of time. With Tidex, this has already been done by the team of professionals.
* Staking with Tidex is safe. Unfortunately, the cryptocurrency market is full of unstable projects. Identification of such projects might require complex technical audits. Tidex users get only those offers for passive income that were checked by the experts in the field. The project, the functionality of which lies beyond offering staking crypto, has been successfully operating on the digital assets market for many years. Tidex security systems never failed.
* Tidex has an efficient support team. Should the users need support, the platform has instantly available moderators and management in the live chat on the webpage. Tidex team also actively communicates with the community in Telegram chat.
* It is possible to start earning in a few clicks. Tidex differentiates itself among other platforms by the intuitive design that allows users to swiftly get passive income from staking.
* Tidex does not charge fees for staking. The platform is free from hidden charges.
* Tidex ecosystem provides additional services for transactions with earned cryptocurrencies. For example, the platform users can convert crypto assets on Tidex exchange.
Currently Tidex supports staking Bitcoin, Ethereum, USDT, USDC, USDN, DAI, WAVES and TDX - the internal Tidex token. Every user can stake several assets at the same time. Moreover, the profitability from staking digital assets can come as a pleasant surprise. Tidex offers up to 50% APY.
Tidex plans to widen the list of cryptocurrencies available for staking, so the users can suggest a token to be listed on the StakingBox main page
Staking with Tidex is one of the easiest ways to organize passive income. The project provides a set of technical solutions that ensure secure and seamless staking.