Important information from Bitget Wallet, which just launched and improved Ethereum staking with a maximum return of 10% and zero gas rate through subsidies.
The much-anticipated release of its long-awaited Ethereum staking service was recently announced by Bitget Wallet, formerly known as BitKeep and a pioneer in the field of Web3 wallets.
Users of this new function have the chance to generate significant returns, ranging from 4% to 8%, and even up to 10% during subsidy periods, all without paying for petrol.
The platform’s continued dedication to enhancing user experience and providing cutting-edge financial solutions is shown by this creative addition, which is a part of BitKeep’s progression to Bitget Wallet.
By utilizing the Lido.fi protocol, Bitget Wallet’s ETH staking service enables users to quickly take part in Ethereum’s Proof-of-Stake (PoS).
Users actively contribute to the security and decentralization of the Ethereum network through the ETH staking mechanism, all while offering alluring rewards.
Additionally, one of the best aspects of Bitget Wallet’s ETH staking service is its capacity to improve user experience in general. This is made achievable without sacrificing sizable profits via a seamless and simple user experience.
This feature sets the service apart from other staking options because it concentrates on a streamlined user experience.
The ability to trade any token with stETH and the removal of the minimal ETH deposit restriction lower the entry barrier, enabling wider participation.
Bitget Wallet’s ETH staking offers competitive earnings and an unmatched user experience
Depending on the amount of ETH staked, returns can range from 4% to 8%. Users also have the advantage of viewing historical profit and return rates in real-time, which helps them manage their investments more effectively.
Last but not least, users can take advantage of staking without paying for petrol and get an outstanding 10% APY during subsidy periods. This gives you one more reason to make the most of the cash potential that Bitget Wallet is offering.
Bitget Wallet offers earnings related to ETH rather than the usual USDT incentives, in contrast to standard staking platforms.
This particular method enhances the user experience while also supporting the platform’s goal to providing useful services and cutting-edge solutions
Additionally dedicated to democratizing the staking process is Bitget Wallet. There is no minimal deposit requirement during typical periods (with an APY between 4% and 8%).
However, a minimum deposit of 0.01 ETH is necessary during assisted stages (with an APY up to 10%). Individual users and institutional investors can both easily join and earn daily benefits thanks to this arrangement.
Additionally, by enabling users to trade any Ethereum-based token and other blockchains on its Bitget Swap platform, Bitget Wallet makes it easier to acquire stETH tokens.
For Bitget Wallet, providing users with an unmatched experience is of utmost importance.
Users of the site can monitor current rates of return, determine potential earnings, and redeem prizes whenever they choose thanks to an easy-to-use interface.
Users will receive the data they require to make knowledgeable investment decisions through this procedure.
Several claims on the most recent news from Bitget
The following is what Moka, COO of Bitget Wallet, said regarding the procedure:
We’re excited to nurture participation in Ethereum’s Proof-of-Stake consensus protocol for all users, ensuring that it is both user-friendly and cost-effective for them to do so.
We worked towards our primary objectives of lowering the barriers of entry, refining the product’s usability, enabling compatibility with a greater diversity of tokens besides ETH, and providing real-time yield tracking for enhanced user experience, and we are happy to share that we have achieved just that.
Managing Director at Bitget, Gracy Chen, added the following:
The addition of ETH staking builds on Bitget Wallet’s rebranding to ‘Faster Trading, Better Assets,’ highlighting our focus on faster transactions, expanded utility, and enabling access to more assets and protocols.
Meanwhile, this new feature aligns with our recent rebranding to ‘Trade Smarter’ with Bitget exchange, which emphasizes intuitive products and impactful trading tools that help users make the most of their crypto investments.