Place/Date: - April 29th, 2022 at 10:43 am UTC · 2 min read
Contact: Julian Ong, Source: SnapEx
The world’s first crypto CFD Platform SnapEx introduces its lucrative staking service for its native $SNAP token. Holders can benefit from an APY of up to 140.95% and choose two different ways of staking their assets.
SnapEx has become a household name among cryptocurrency trading enthusiasts.
Founded in 2018 as a derivatives trading platform with a handful of trading pairs, it has now become an industry giant. Moreover, the platform enables new trading pairs to regularly onboard and continues to expand platform-native features and products to enhance the appeal of cryptocurrency.
SnapEx introduced its SNAP token in 2021. The token launch marked a crucial milestone, enabling SnapEx to become the first crypto CFD trading platform to have a native platform token and complete ecosystem.
The journey of the $SNAP token continues as SnapEx now lets users stake their holdings. Stakers can lock their assets for 45 days or 90 days, yielding an APY of over 140%. The staking option went live on April 19 and has attracted strong support from token holders.
Introducing SNAP staking checks off another key milestone for the SnapEx team. In addition, they introduced LP staking and a native launchpad to enhance the accompanying ecosystem further. Both features will see further development throughout May 2022.
Offering a high APY to SNAP stakers brings more value to the SnapEx utility token. Furthermore, the team will continue to support the community and its ecosystem through SNAP token offerings and drive value and support for all participants.
SnapEx is a fast-evolving derivatives trading platform providing Contract for Difference (CFD) trading to the retail and institutional markets.
Founded in 2018, SnapEx has since been funded by some of the world’s leading Venture Capital organizations, setting the stage for SnapEx to scale and grow even further, with its presence in Southeast Asia, the Middle East, and Europe.
SnapEx is set to become the only crypto CFD platform to provide both an Ecosystem and a Platform Token to its audience.
Serving over 200,000 registered users, SnapEx will be offering an all-in-one suite of both CEX and DeFi, staking functionalities, licensed stocks, quant, and copy trading, options trading, and more.
The aim of SnapEx has been the same since day one – to bridge the gap between traditional and digital finance and encourage the mass adoption of cryptocurrency globally.