Pexpay is excited to announce the launch of Staking Products! Staking allows users to receive rewards or interest from their digital assets by locking them up in order to participate in running and securing the blockchain. It has become a popular way to generate passive earnings for crypto holders.
Gain access to more tokens and higher interest rates! Stake your BNB, AVAX, MATIC, SHIB, and more!
What are the advantages of Staking on Pexpay?
- Passive income: By staking their tokens, users can earn a regular income in the form of interest or block rewards, without having to actively trade or manage their assets.
- Token appreciation: Staking can also increase the demand and scarcity of the token, resulting in potential token appreciation.
- Higher earnings: Generally, users receive higher rewards for staking their assets as these are used to support the blockchain network and verify transactions.
- Longer duration, greater reward
Pexpay Staking offers different staking durations for users, from 10 days to 120 days. The longer you choose to stake your assets, the greater APY reward will be distributed after redemption.
The Auto-Subscribe feature allows you to automatically add your digital assets/digital currencies to Pexpay Locked Staking products again at the end of the lock-in period. This will help renew your position into a locked term of the same duration. The renewal shall be the same amount as your initial subscription. In case the available quota for the product has been reached, your position may not be renewed even if the Auto-Subscribe is enabled. Once your position expires, your assets will be transferred to your Spot Wallet.
- Early Redemption
Redeeming your assets prior to expiration will deduct all interest earned from staking the product, however, there is no penalty incurred for redeeming early. Early redemption requires one (1) day to be unlocked as moving of locked assets on-chain requires a certain amount of time. Once redeemed, funds will automatically be transferred to the user's spot wallet.
- Access to a wide range of tokens
Staking products offer more than 50+ cryptocurrencies and users can choose from dozens of digital assets such as AVAX, MATIC, NEAR, SHIB and more trending tokens.
Thank you for your support!
Note: Pexpay does not bear any liability for the losses of an on-chain contract attack or market-related trading losses. This is because Pexpay only acts as a channel to gain access to DeFi projects, by providing related services such as accessing assets through a proxy and distributing earnings, etc. It is advisable for users to do their own research (DYOR) and pay sufficient attention to security measures.