June 14, 2024 – eToro, the leading multi-asset trading platform with over 14 million registered users worldwide, has unveiled its new staking service for Cardano (ADA) and TRON (TRX). This development marks a significant expansion of DeFi accessibility for retail investors.
Key Features of eToro’s Staking Service
- Automatic monthly rewards in native tokens (ADA/TRX)
- Zero technical requirements for users
- Full asset ownership maintained by stakers
- Competitive yields with transparent calculations
How Cardano (ADA) Staking Works
Cardano’s proof-of-stake protocol represents a major innovation in blockchain technology. eToro’s implementation allows users to:
- Earn passive income simply by holding ADA
- Avoid complex wallet setups or node maintenance
- Receive detailed monthly performance reports
👉 Discover how staking can grow your crypto portfolio
TRON (TRX) Staking Benefits
TRON Founder Justin Sun praises the initiative: "By simplifying technical barriers, eToro makes DeFi participation viable for mainstream investors while maintaining robust security standards."
The platform handles all backend operations including:
- Node validation
- Network participation
- Reward distribution
What Makes This Service Unique?
| Feature | Benefit |
|---|---|
| Regulated Platform | Compliant with EU/UK/AU financial authorities |
| Multi-Asset Support | ADA and TRX currently, with more assets coming |
| Transparent Process | Detailed monthly reporting for all users |
Future Expansion Plans
eToro confirms upcoming support for:
- NEO
- Tezos
- EOS
- ETH 2.0
FAQ: eToro Staking Service
Q: How are rewards calculated?
A: Rewards vary by network conditions but are automatically compounded monthly based on your holdings.
Q: Is there a lock-up period?
A: No – your assets remain liquid and under your control at all times.
Q: What are the risks?
A: eToro manages all technical risks; you’re only exposed to normal crypto market fluctuations.
👉 Learn more about safe crypto staking strategies
Q: When will additional assets be supported?
A: The platform plans to roll out more staking options throughout 2024.
About eToro
Founded in 2007, eToro has pioneered social investing features that allow users to:
- Copy successful traders
- Access global markets
- Trade stocks, commodities, and cryptocurrencies
The company maintains regulatory compliance across multiple jurisdictions including:
- Cyprus (CySEC)
- United Kingdom (FCA)
- Australia (ASIC)
Final Note: All staking services undergo regular security audits to ensure user protection while maximizing earning potential.
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