Bitfinex launches staking rewards for Polkadot (DOT)

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Cardano is now available for staking on Bitfinex!

Get started by depositing @Cardano into your Bitfinex account to receive your weekly reward! ??https://t.co/PeXlnwuNMT pic.twitter.com/wE2O4NcRtU

— Bitfinex (@bitfinex) October 6, 2020

“We’re pleased to provide our customers with the opportunity to earn rewards on their DOT assets,” said Paolo Ardoino, CTO at Bitfinex. “Staking provides an accessible and straightforward way for our users to grow their crypto wealth and forms part of our commitment to building an open financial system.”

The staked digital tokens will be held on the Bitfinex platform, utilising the exchange’s in-house custody solution. When Bitfinex stakes a digital token, it is delegated by the exchange, meaning that the tokens remain in the platform’s control and are in the same manner as other tokens.

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