At the initial stage, staking rewards for Dash and Algorand are available. More coins will be added to the platform in the future. A custodian solutions provider BitGo offered customers the opportunity to receive passive income on cryptocurrencies Dash (DASH) and Algorand (ALGO). The coin holders that store their assets with BitGo Trust will receive staking rewards on Dash and Algorand deposits. The rate of return will vary by coin, from 7 percent to up to 13 percent for Algorand. More coins to be added in the future. “In order to be a great custodian, we need to provide our clients with the ability to use their assets in custody. Staking provides our clients with returns on their investments without ever moving their assets out of custody,” said Ben Chan, CTO, BitGo. In addition, the company acquired a startup Hedge, involved in building staking infrastructure. BitGo is confident that the new acquisition will provide an opportunity to automate many operations and expand the functionality of the service. “Our acquisition of Hedge builds on the blockchain and staking expertise within our engineering platform to deliver an automated, end-to-end staking service.” Read also: A crypto custody provider BitGo supports cryptocurrency staking FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/GBP remains firm around 0.8900, focus on Brexit, Payrolls FX Street 3 years At the initial stage, staking rewards for Dash and Algorand are available. More coins will be added to the platform in the future. A custodian solutions provider BitGo offered customers the opportunity to receive passive income on cryptocurrencies Dash (DASH) and Algorand (ALGO). The coin holders that store their assets with BitGo Trust will receive staking rewards on Dash and Algorand deposits. The rate of return will vary by coin, from 7 percent to up to 13 percent for Algorand. More coins to be added in the future. "In order to be a great custodian, we need to provide our… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
