Cryptocurrency Exchange Gemini Polygon (MATIC) Launches Staking: 4 More Altcoins Next

The popular US-based cryptocurrency exchange Gemini has announced that it has started staking Polygon (MATIC). It was stated that after the Merge update, the staking option will be activated in Ethereum (ETH).

Gemini exchange, headed by the Winklevoss brothers, is starting to offer staking services to its US customers. Thursday, August 18 from the day polygon (MATIC) The stock market, which has implemented staking support, will be announced in the coming months. Ethereum (ETH)Audius (AUDIO), wither (LEFT) and polkadot (DOTHe stated that he will start staking support for popular cryptocurrencies such as . The date that Gemini exchange offered staking to its users was about a month before the Ethereum Merge update. it may not be a coincidence. Finally deadline after years of delay September 15 The Merge update, which is determined as , may trigger many exchanges to work more intensively on staking.

Gemini Vice President of Product Layla Amjadi In his statement on the subject, he made the following statements:

People are more interested in staking than ever before. Especially with such a short time until the Ethereum Merge update. After the Merge update for Ethereum, there will be high-yield staking options on our exchange. With this convenience and high returns, staking is becoming more and more interesting for users.

These staking services that Gemini exchange will offer it will be completely free, is among the details disclosed. Gemini exchange, which offers a user-oriented facility, during staking and unstake transactions. It is known to cover any transaction fees incurred.. The staking service in question is prohibited by local law. outside of New York state It is known that it will be available to all US users. Staking services became a popular service tool among all exchanges, while earlier this month coinbaseIt is known to have launched the Ethereum staking service.

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