eToro has started offering staking services for cardano and tron, and in addition has revealed plans to expand this service to several other digital currencies.
By staking their digital assets through eToro, users of the social trading platform can earn rewards, which will be paid out automatically on a monthly basis.
Further, leveraging this opportunity will allow them to stake these assets in a secure environment and contribute to the validation processes of various blockchain networks.
[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]
Yoni Assia, founder and CEO of eToro, weighed in on this announcement.
“Staking is an important development in the crypto market but it’s difficult