What are the advantages of staking on Margex?
Staking generally involves a lock-up period during which staked coins cannot be unlocked (unstaked) and may involve other restrictions, as well as requiring in-depth knowledge of staking mechanisms, which can often be overwhelming, as this requires vast amounts of research and technical knowledge.
At Margex, we have taken into account the technical aspects, difficulties and the learning curve when it comes to learning about staking, blockchain and underlying technology related to these mechanisms and have created a simple and efficient interface that makes it possible to stake coins in just a few clicks, while providing massive advantages:
- No lock-up periods - You can stake coins, trade or withdraw funds at any time.
- Coins can be staked/unstaked at anytime
- Simple and easy-to-understand interface
- Diverse list of projects that allow us to provide higher APY% returns while maintaining proper risk-management/protection strategies