{"id":44911,"date":"2023-02-07T16:44:39","date_gmt":"2023-02-07T20:44:39","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=44911"},"modified":"2023-02-07T16:44:42","modified_gmt":"2023-02-07T20:44:42","slug":"revolut-digital-bank-to-provide-crypto-staking","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/revolut-digital-bank-to-provide-crypto-staking\/","title":{"rendered":"Revolut Digital Bank To Provide Crypto Staking"},"content":{"rendered":"\n
Polkadot (DOT), Tezos (XTZ), Cardano (ADA), and Ethereum (ETH) token staking will be supported by Revolut<\/a>, with payouts reaching up to 11.65%.<\/h5>\n\n\n\n
\"Revolut
Revolut Digital Bank To Provide Crypto Staking<\/figcaption><\/figure>\n\n\n\n

Revolut, a financial technology<\/a> business with headquarters in London, has introduced a “crypto staking” option for its more than 25 million users, with an emphasis on those in the United Kingdom and the economic zone.<\/p>\n\n\n\n

With payouts ranging from 11.65% to 2.99%, respectively, the staking option will only be available for crypto assets like ETH, XTZ, ADA, and DOT between now and February 10 in its entirety.<\/p>\n\n\n\n

The digital bank introduced cryptocurrency cash-back programs for its premium users in 2017, and since then, it has made significant efforts to bring cryptocurrency into the mainstream.<\/p>\n\n\n\n

Revolut provides trading and purchasing services in around 100 crypto coins and assets in addition to staking. A free blockchain course program <\/a>that teaches the fundamentals of the technology and awards participants with free cryptocurrencies upon successful completion was introduced by Revolut in July 2022.<\/p>\n\n\n\n

The digital bank obtained the Cyprus Securities and Exchange Commission's\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> (CYSEC) regulatory license on August 17, 2022; the license is intended to provide it complete access to provide Europeans with access to bitcoin (BTC) trading.<\/p>\n\n\n\n

Revolut announced and expanded its crypto portfolio by adding 29 more tokens to its crypto assets class on September 21, 2022, working with its Apex crypto partners.<\/p>\n\n\n\n

Revolut apparently shelved plans to introduce its own token because of the disastrous consequences of the FTX fiasco on November 8, 2022. On January 19, 2022, a Revolut spokesman told a financial news source that the neo-challenger bank was looking into the optimum moment to introduce the token.<\/p>\n","protected":false},"excerpt":{"rendered":"

Polkadot (DOT), Tezos (XTZ), Cardano (ADA), and Ethereum (ETH) token staking will be supported by Revolut, with payouts reaching up to 11.65%. Revolut, a financial technology business with headquarters in London, has introduced a “crypto staking” option for its more than 25 million users, with an emphasis on those in the United Kingdom and the […]<\/p>\n","protected":false},"author":43,"featured_media":44913,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-44911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/02\/croc_1675799582290.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/44911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=44911"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/44911\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/44913"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=44911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=44911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=44911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}