WazirX, a popular cryptocurrency exchange in India, has announced that they will be introducing staking services in the near future. This news comes from the founder of the exchange, Nischal Shetty, who shared the development during a recent interview. Staking services allow users to earn rewards by holding their cryptocurrencies on the exchange.
By locking their coins, users contribute to the network’s security and gain rewards for their contributions. The addition of staking services to WazirX is expected to attract more users and further expand the platform’s offerings. With this move, WazirX aims to provide a wider range of services for its users, encouraging them to stay engaged with the exchange and participate in the growing cryptocurrency ecosystem.
The introduction of staking services is in line with the company’s goal of making cryptocurrency more accessible and user-friendly for a broader audience.
