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/