back Back

CoinSwap Space adds Staking Pools with ADA rewards

By Joy Dumasia

July 22, 2021

  • Coinswap
  • Europe
Share

CoinSwap Space, a decentralized exchange on the Binance Smart Chain, this week announced the option to stake their native CSS token and earn rewards in ADA. This new feature, along with the ability to earn rewards in ETH and LINK, is one of a trio of staking options for CSS that have recently been launched.

Since the launch, CoinSwap has seen many new pairs, new features, and new staking options launched on the DEX. The goal of CoinSwap is to supply a myriad of different DeFi features on one easy to use interface and, in doing so, make DeFi more accessible to the average retail investor.

CoinSwap has several features that users can utilize to make interacting with Defi easier and quicker. For example, CoinSwap offers a mass harvest and mass stake option. These features allow users to instantly harvest all of the returns across all of their liquidity pools and send them directly to their wallets or compound them by staking them on CoinSwap.

The recent volatility in the crypto market has been particularly hard on small-cap tokens. While significant tokens like Bitcoin and Ethereum are currently a little above 40% of their all-time high, some more minor tickets have seen losses of nearly 97%. This is why CoinSwap is offering rewards in LINK, ETH and now ADA.

CoinSwap is also a rare case, whereas already before launch, it got audited by Certik, one of the most trusted security technology companies in the blockchain industry. Certik carried out security audits of CoinSwap’s smart contracts by testing them with an industry-leading Formal Verification Tool.

Recently, IBS Intelligence reported that The U.K.’s financial services regulator on June 26 ordered Binance to halt any regulated operations – effectively, a ban on Binance Markets, its only UK-regulated entity offering crypto derivatives.

Previous Article

July 22, 2021

Kalaxis partners with NeoXam to meet the demands of market data costs

Read More
Next Article

July 22, 2021

Thales announces the launch of a new Biometric Payment Card

Read More








IBSi Daily News Analysis

March 22, 2024

Coinswap

Industry experts stress modernization, sustainability, and AI as cornerstones for future of corporate banking, Finastra study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

HID & Santander team to secure mobile banking with authentication technology

Read More

Today

Payop partners with Tink to add Pay by Bank in Europe

Read More

March 27, 2024

Sopra Banking Software unveils new Regulatory Reporting Solution

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023