Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: brives887 on July 28, 2022, 01:11:07 PM
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Trying to make a little ETH without doing too much trading? Just test out our MEXC(mexc.com) Ethereum staking product! We will explain how to stake some of your Ethereum on our exchange in this article.
What is staking and what are the advantages of it?
Many long-term crypto investors (HODLers) are not only sitting in crypto wallets, but also thinking of staking as a way to get digital assets to generate token rewards. Simply put, betting on MEXC is a way to earn rewards by holding a particular cryptocurrency. So now you can start betting some of your ETH and earning rewards! If you want to know more about staking, read on.
How do I start staking my ETH?
Staking is typically accessible to everyone who is interested, and a variety of exchanges, crypto wallets, and platforms provide varied options and APY. You only need to have some cryptocurrency in your MEXC wallet to get started. We provide the following staking products at MEXC:
MEXC DeFi Staking sessions.
ETH staking is currently available for MX-DeFi DeFi staking, so let's explore the benefits.
ETH Staking Options
As we already reported, MEXC is now accepting stakes in ETH. Starting today, you can start earning staking incentives! Please monitor the MEXC staking site for any updates to the estimated annual percentage yields and minimum holding times.
How do I start staking?
It's easy to start betting on MEXC! You have a MEXC account, you have to deposit or buy the crypto you want to bet on, and bet yourself. See the relevant guide to perform these steps.
How to register
How to buy crypto
How to deposit
How to enter staking
MEXC(mexc.com) Staking and MX DeFi offer benefits to users who can hold ETH on MEXC. In addition to ETH, our staking products also offer dozens of different pools for different cryptocurrencies and stablecoins to meet the needs of our users. Therefore, when the user is not trading, in addition to the deposited assets, he / she can receive token rewards that can be earned through holding.