Hailed as one of India’s biggest cryptocurrency exchanges, CoinDCX has announced to add support for seamless ETH 2.0 staking solutions for its customers to revolutionize the staking experience for its strong customer cluster. The new facility will bring about a big change in the industry and play a significant role in the adoption rate of blockchain and decentralized solutions. The team of CoinDCX crypto exchange circulated the news in the media via a Twitter post stating:
The Main Highlights of ETH 2.0 Channel
- The new Ethereum 2.0 network will boost the adoption rate in the ETH blockchain ecosystem, making it achieve new heights in the crypto domain.
- It will enhance the working experience and operability for the developers by leveraging maximum support to them through the diverse spectrum of advanced services.
- The system will use the Proof-of-Stake algorithm for reaching consensus. This mode is far more user-friendly and result-oriented in comparison to Proof-of-Work.
- The solution has been designed to offer higher standards of scalability, reliability, speed, and efficiency for the blockchain users and developers.
- It will offer better decentralization and will make the ETH ecosystem more secure and resilient for the customers.
Why CoinDCX For ETH 2.0 Staking?
- The exchange has tried its best to bring the ETH 2.0 staking benefits to a wider section of investors irrespective of their investment capacity. As there is no high fund commitment, the users can stake with a minimum of 1 ETH and as high as 1000 ETH.
- The commission on hardware maintenance is kept low for the users.
- There are no hidden charges charged by the exchange from the customers who will stake on the portal.
- The system will give due attention to the inactivity troubles and save the customers from penalties caused by downtime.
- The customers shall be allowed to vote for a suitable liquidity provision depending on their choice and decision.