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Bybit Simplifies Staking Experiences with the Launch of On-Chain Earn

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is thrilled to introduce the Bybit On-Chain Earn feature, broadening user access to Proof-of-Stake earning models with added benefits. The staking-as-a-service feature provides a seamless staking experience, peeling away complex technicalities and bringing more users direct access to staking opportunities via the Bybit platform. From Oct. 30, Bybit users may unlock a new way of earning crypto rewards with On-Chain Earn.

One of the major pain points of staking for beginners is the hassle of managing multiple technical layers and gas fees. The resource-intensive exercise also requires advanced technical know-how from individual stakers, who are expected to be equipped with the hardware and knowledge of managing and deploying staking nodes.

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle (NYSE:ORCL) Red Bull Racing team.

For more details about Bybit, users can visit Bybit Press

For media inquiries, users can contact: media@bybit.com

For more information, users can visit: https://www.bybit.com

For updates, users can follow: Bybit’s Communities and Social Media

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ContactHead of PRTony AuBybittony.au@bybit.com

This article was originally published on Chainwire


Source: Cryptocurrency - investing.com

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