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Revolut launches crypto staking

Revolut launches crypto staking.

The digital banking service Revolut has launched cryptocurrency staking for customers in the UK and EEA, allowing users to lock their digital assets for a certain period of time and receive a return on the locked balance.

Currently, staking is only available for four tokens: Ethereum (ETH), Cardano (ADA), Polkadot (DOT), and Tezos (XTZ).

The potential rewards would vary depending on the customer, and token staked, but customers could earn up to 11.65% annual percentage yield, it said.

Read more at the link: https://www.coindesk.com/business/2023/02/06/digital-bank-revolut-to-offer-crypto-staking-report/