Flexible Staking Now Live on Bybit’s ByFi Center
Bybit recently launched Flexible Staking on its ByFi Center. This new service allows traders to stake BTC, ETH, USDT, and USDC to earn stable and guaranteed yields. Participants will receive yield every day for their staked tokens. Traders can get started by staking at least 0.01 ETH, 0.001 BTC, 50 USDC, or 50 USDT. For newer traders with a lower risk appetite, they can get started with either USDC or USDT, as these flexible staking products have lower entry points. The staked tokens can be unstaked by participants at any point in time. All....
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Hardware wallet-based staking offers more security and freedom than staking via software wallets and crypto exchanges, according to the head of Ledger Enterprise. As cryptocurrency staking is growing increasingly popular, one may wonder about staking opportunities of not only crypto exchanges or software wallets but also hardware wallets.By definition, staking allows investors to earn crypto without selling their holdings but rather by delegating crypto to a staking validator to support a blockchain. Originating from the word “stake,” the staking process refers to gaining profits and an....