Bitfxt, one of the fastest-growing Nigerian cryptocurrency exchanges, has added a staking feature to its platform. What’s more, the bitfxt token (BXT) has been added to the Flash Wallet.
Users of the Bitfxt wallet can now stake their cryptocurrency holdings to earn passive income on the platform. Staking services by exchanges has become hugely popular in 2019 with big names like Binance and Houbi getting involved with the trend.
With this innovation, Africa (and the world) now have an extra option when it comes to having the best exchange user experience on Bitfxt. This news comes a few days after Bitfxt made another important announcement.
For now, the staking option will be limited to Bitcoin (BTC), Ethereum (ETH), Bitfxt Token (BXT), Steem (STEEM), EOS (EOS), Dash (DASH) and Bluekey (BKY).
In an exclusive interview with BlockNewsAfrica, Franklin Peters, CEO of BitFxt, discussed the need for staking on exchange platforms, especially in Africa.
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