Place/Date: New York, NY - September 19th, 2022 at 1:00 pm UTC · 2 min read
AscendEX, a leading global cryptocurrency platform, is excited to announce the launch of KIN ($KIN) staking, which will be available beginning September 19th at 1:00 pm UTC. AscendEX represents the only major centralized cryptocurrency trading venue offering interest on $KIN deposits, offering users 5% APR on their delegations.
AscendEX Earn offers the highest average APR across their suite of Earn products amongst all major centralized exchange players through seamless interaction with staking and DeFi yield farming products. AscendEX Earn users bypass pain points such as gas costs & management of decentralized crypto wallets, as the platform handles all fund flows with decentralized protocols on behalf of the user. Users can fully maximize their returns by activating “compound mode” which automatically compounds staking rewards to offer the highest possible ROI.
AscendEX Earn also supports the use of staked assets as collateral for both margin & futures trading, a feature not available on any other centralized exchange. Staked assets on AscendEX can be unbound at any time. Kin ($KIN) joins over 90 other assets available to stake on the AscendEX Earn platform, including BTC, ETH, USDC, USDT, SHIB, CRV and many others.
Kin gives app developers, content creators, and users a new way to earn real value from their contributions to the shared digital space. With Kin, community members may both spend and earn by being active in the KIN Ecosystem. Everyone in the KIN ecosystem is incentivised to contribute to building a fairer digital world where people work together & succeed together.
To read more about the offering, see AscendEX’s Official Website.
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