We told you about it a few days ago. LiteBit, the European leader in crypto-currency exchange, is coming to France! And he does not come empty-handed, far from it. In addition to a welcome offer for new customers in France, LiteBit has recently offered the possibility of investing for the long term thanks to the staking.
Staking with LiteBit EARN
In the jargon ofthe (or staking in the language of Molière) is a fairly recent practice that is similar to dividends in the world of classic finance. Thus, a cryptocurrency in staking earns rewards, usually a certain amount of said cryptocurrency. The reason your cryptocurrency earns rewards when staked is that the put her to work. Cryptocurrencies that allow staking use a consensus mechanism called Proof of Stake (proof of stake), which ensures that all transactions are verified and secure without a bank or of payment does not intervene. Your cryptocurrency, if you choose to stake it, is part of this process.
With LiteBit EARN it is possible to stake different cryptocurrencies using the Proof of Stake. Here are the 4 eligible coins at the moment:
- Cardano (ADA)
- Binance-Coin (BNB)
- Polygon (MATIC)
- Redcoin (RDD)
Even if we use the expression “put into play” to translate the staking, it is not so. The process is safe, as safe as keeping your currencies in yourto be honest. No minimum is required to invest, so it will be possible to start investing, even with small sums.
A special offer for any new account opening
The icing on the cake: LiteBit offers you €20 if you decide to open an account on the platform to celebrate its arrival in France. Take advantage while the offer lasts and start investing!