Coinbase Is Launching Cardano Staking – ADA Rate Jumped Up

After the announcement of the American exchange Coinbase about the upcoming launch of Cardano staking, the ADA rate skyrocketed.

Cardano (ADA) hodlers can participate in staking themselves or through delegation, but it will be a little more complicated, the exchange team explained.

According to the statement, Coinbase offered staking with an annual rate of around 3.75%. The reward should be accrued every 5-7 days. In addition, users will be able to withdraw their assets from the service whenever they want.

After the announcement of the exchange, the price of ADA on Coinbase jumped from below $1 to $1.15. At the time of writing, the price of the coin was $1.17, according to CoinGecko.

In addition, ADA has risen in price by more than 10.5% in 24 hours, and by 39.4% in seven days.

The BTC-Alpha team together with trusted volunteer communities created a charity fund ‘‘Alpha for Ukraine’. You can make a donation to help everyone in Ukraine who needs medicines, humanitarian aid and to support the defence of the country.

Post a Comment