Binance-backed WazirX is the latest Indian exchange to launch staking

[Lenipiw]

WazirX is the second Indian crypto exchange to launch in-app staking.
The Binance-backed Indian cryptocurrency exchange WazirX has launched a new in-app staking feature on Sept. 1 that will allow its users to stake cryptocurrencies to earn interests.

Staking is the process of holding cryptocurrencies in a wallet to support the operations of a proof-of-stake blockchain network in return for rewards in the form of new tokens.
Visit Here: https://cointelegraph.com/news/binance-backed-wazirx-is-the-latest-indian-exchange-to-launch-staking

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Users with a minimum of 500 TRX will be able to stake their tokens on WazirX. The staked tokens, however, will not be locked and users will be able to trade them on the exchange. The exchange will automatically adjust the staked amount and the corresponding rewards depending on the total balance after the trade execution.