This week, OKCoin is introducing four new assets on Earn: Algorand (ALGO), Solana (SOL), Polygon (MATIC) and Tron (TRX). Adding four new staking options in the same week is “no small feat — and we’re celebrating another milestone in our mission to help you build wealth and create a prosperous future for everyone,” the company wrote in a blog post.
OkCoin also shared:
“What’s there to get excited about? Okcoin Earn is the easiest way to put your crypto to work. We take 0 fees or commissions. With high APYs (terms apply) and low minimums, you can start earning with as little as a $5 deposit in crypto.”
Start Exploring Earn
If you are new to Earn, then you can check out a quick tutorial on how to start earning “in just a few taps.” And OKCoin has shared a recap on the latest assets available to stake with via their platform. (Note: Check here review this information.)
ALGO is the “native token for Algorand, a platform designed for decentralized applications, with tech that focuses on scalability and security. ALGO can be used to pay for transactions and incentivize network participation.”
SOL is Solana’s native token and is “used to pay for transactions on its blockchain.” Solana uses “a hybrid consensus model of Proof-of-stake (PoS) and Proof-of-History (PoH) to scale decentralized applications (DApps).”
MATIC “belongs to Polygon, a layer 2 solution meant to improve the scalability of Ethereum’s blockchain by connecting Ethereum-compatible networks outside of its primary chain.” Beyond network security, MATIC is “used to pay for transaction fees.”
TRX is “the native token for the TRON blockchain.” TRON is “a Web 3 project and direct competitor with Ethereum.” The 2020 price surge of TRX has been “attributed to its pivot toward DeFi products and services.
As noted by OKCoin, they “carefully curate all offers on Earn to bring you the best DeFi experience around.”
Here are a few reasons to give OKCoin a try (as shared by the company):
- Daily crypto rewards payouts
- Unlike other platforms, we charge 0 fees and take 0 commission. You keep 100% of your generated crypto rewards
- True DeFi and staking. Okcoin Earn is directly integrated with the asset protocols
- Available on mobile: Stake, view and manage your rewards on the go
- Flexible terms: ongoing staking with no fixed term deposit periods
- Low minimum staking amounts
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