Home Finance News OkCoin, the Licensed U.S. Exchange, is Offering AVAX Staking

OkCoin, the Licensed U.S. Exchange, is Offering AVAX Staking

  • AVAX is not a one-trick pony
  • Staking and Earning with AVAX with OkCoin

Avalanche is known for being among the fastest smart contract platforms with endless use cases. As CEO Emin Gün Sirer stated, Avalanche is “not specific to any use, we’re not one of these one-trick-ponies.”

 

Avalanche’s 3 key differentiators: Fast, smart contract transactions, Flexibility for building on the platform, Community focus with a fully decentralized protocol.

 

Their new Avalanche Bridge, which allows movement of any token from Ethereum to Avalanche, launched yesterday. The new bridge is 5x cheaper than the old version, easy to use, and has enhanced security.

 

Avalanche’s platform isn’t even a year old yet & they’re the 1st chain to: 1. Create a decentralized Ethereum Virtual Machine (EVM) 2. Introduce proof-of-stake to the EVM.

 

Okcoin is the 1st and only licensed U.S. exchange to offer AVAX staking; you can earn yield just for holding the asset.

 

Investors can trade on OKCoin and earn more from AVAX. It is possible to start staking Avalanche’s token and to put crypto further to work.

 

AVAX can be amplified.  Okcoin is the first and only licensed U.S. exchange to offer AVAX staking. Lock in as little as one AVAX token for 15 days, and you’ll get staking rewards paid back in AVAX daily. The good thing is OkCoin does not charge fees for Earn.  So, the rewards are all yours.

 

For clarity on AVAX, AVAX is the native token of the Avalanche platform: a scalable, secure blockchain platform with three main uses.  Scaling additional application-specific blockchains.  Building highly scalable, decentralized applications. Creating custom, private or public blockchain networks with complex rule sets.  And, transactions on Avalanche can be confirmed in under one second, making it the fastest smart contracts platform yet.

 

Thousands of customers are putting their crypto to work with DeFi and staking offers on Earn.

 

Those who are investing AVAX to earn rewards should understand that estimated rates are not guaranteed and may change without notice. The assets in Earn are not covered by insurance against potential losses, nor are they subject to FDIC or SIPC protections.

 

The reward varies daily and is based on Avalanche’s staking rewards APY. Investors will pay no Earn fees when they keep the tokens locked for 15 days, and you save 100% of the rewards. If you want to continue earning after the 15 days, stake your AVAX again.

 

Those who don’t want to keep your AVAX locked for 15 days can withdraw tokens early before the end of the 15-day term. Partial early withdrawals, on the other hand, are not possible. The early withdrawal fee would only be 0.1 AVAX.

 

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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