Singapore-based crypto exchange KuCoin has officially added to the list of cryptocurrencies investors can hold on the exchange for daily rewards.
In a recent announcement, KuCoin unveiled its new Soft Staking Program, where investors will receive daily distributions for holding the following altcoins:
ATOM Soft Staking Official Rules – Cash Back Investment Program for Cosmos (ATOM) Holding
To maximize the benefits for users holding Cosmos (ATOM) on the platform, KuCoin has launched the ATOM Soft Staking Program.
— KuCoin Updates (@KuCoinUpdates) July 1, 2019
According to the exchange, the Soft Staking Program was launched to “maximize the benefits for users on the platform, KuCoin has launched Soft Staking Program.”
Soft Staking begins on July 4 and daily payments will be made in proportion to the total amount of each cryptocurrency that investors hold in their accounts.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.