Bitago $XBIT
  • ๐Ÿ…ฑ๏ธBitago $XBIT
    • Whitepaper
    • Introduction
    • Project overview
    • Problems & Solutions
    • Market evaluation
  • ๐Ÿ“ณProduct overview
    • Products
      • Mobile app
      • Browser extension
      • Wallet & Debit card
    • Features
    • How it works?
      • Shop to Earn
      • Browser extension
      • Watch to Earn
      • Explore to Earn
      • Debit Card
      • Staking
  • ๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘งโ€๐Ÿ‘งTarget Audience
    • User perspective
    • User profile
  • Business plan
    • Business model
    • Roadmap
  • ๐Ÿช™Tokenomics
    • Tokens $BIT & $XBIT
    • Ecosystem
    • Token metrics
  • ๐Ÿ’ปTechnical summary
    • Technical background
      • Bitago Smart contracts
    • Products technology
  • ๐Ÿ™‹โ€โ™‚๏ธTeam Members
    • Core team
  • Links
    • ๐ŸŒWebsite
  • ๐ŸฆTwitter
  • โ“‚๏ธMedium
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  1. Product overview
  2. How it works?

Staking

Bitago's Staking feature is a new way for users to earn passive income by holding their XBIT tokens within the Bitago app. The feature is integrated within the Bitago digital wallet and is designed to provide users with a simple and secure way to earn rewards on their digital assets.

To participate in the Staking feature, users need to hold a minimum balance of XBIT tokens within their Bitago digital wallet. They can then opt-in to the staking program, which will allow them to earn rewards based on the amount of digital assets they hold.

The staking rewards are paid out periodically, usually on a monthly or yearly basis, and the percentage of rewards earned depends on the amount of staked tokens and the length of time the user chooses to stake their assets.

Staking is a popular way for cryptocurrency holders to earn passive income on their digital assets, and the Bitago Staking feature provides users with a simple and secure way to participate in this market. It also provides Bitago with an additional revenue stream, as the platform can earn fees on the staking transactions processed within the app.

Staking feature is a valuable addition to the Bitago app, providing users with more options to earn rewards and stay engaged with the platform. By leveraging emerging technologies and trends in the cryptocurrency industry, Bitago can continue to innovate and stay ahead of the competition.

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Last updated 2 years ago

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