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Prominent crypto futures trading platform Margex recently upgraded its staking pools to offer higher passive income earnings for its users. Now, Margex staking rates have increased by 2% across its top crypto and stablecoin offerings, which is especially beneficial to high-volume traders who need to hold large amounts of crypto assets in the exchange.
In the past, Margex had to impose a strict 5% maximum annual percentage yield (APY) for its crypto earn product. This limit ensured proper risk management while still providing competitive returns for its staking services.
A Closer Look at the Upgraded Margex Staking Rates
Staking rates reflect the percentage of yearly gains, or APY, earned on staked digital assets. This requires a staking pool that provides liquidity for crypto-related financial services like loans and token exchanges.
An increase in pool size allows Margex to allocate more funds to various resources, improving potential earnings and offering better rewards for participants.
Going into more detail, here’s an updated overview of the proof of stake cryptocurrencies that Margex offers for flexible passive income earning:
- Binance USD (BUSD) – 7% APY
- Ethereum (ETH) – 7% APY
- USD Coin (USDC) – 7% APY
- Tether (USDT) – 7% APY
- Bitcoin (BTC) – 6% APY
The recently launched 2% increase in Margex staking APY might not seem like much, but the added earnings build up over time. For example, staking $10,000 worth of USDT with the old Marex APY limit of 5% returns $2,500 in 5 years. However, staking the same amount with the new 7% annual returns yields the user $3,500—a 40% increase or an extra $1,000 in value.
Importantly, Margex’s crypto staking is flexible, meaning investors can withdraw their funds anytime while still earning a decent return on idle funds.
Margex at a Glance
Margex was founded in 2019 and specializes in providing crypto derivatives trading. Based on our Margex review, the exchange offers users 55 digital assets to trade with, including over 50 perpetual futures covering Bitcoin, XRP, Litecoin, and more.
Although the Margex exchange might seem like a highly technical site at first glance, the Seychelles-based trading platform is just as accessible to new traders as it is to advanced ones. Features like copy trading allow untrained investors to find earning opportunities by following more experienced traders.
Margex is one of the best copy trading platforms available. It has over 100 pro traders and more than half a million copied trades so far. With just a $10 minimum investment, users can copy trade crypto futures and enjoy a profit-sharing model with a standard commission.
Top Reasons for Using Margex in 2024
With over 500,000 registered users and 180,000 daily trades, Margex has cemented itself as a leader in the crypto futures market. Traders can access up to 100x leverage and countless trading instruments to help them find winning opportunities.
Additionally, Margex provides one of the most secure trading systems through its MP Shield feature, which protects traders from volatile market conditions and potential price manipulation. This, combined with industry-leading liquidity, creates a robust trading environment for Margex users.
In today’s crypto bull market, choosing a secure investment vehicle equipped with all the necessary tools for success is essential. Beyond Margex’s robust security and trading features, the platform’s dedicated team truly sets the exchange apart.
Their proactive efforts to enhance the user experience, as demonstrated by recent improvements in crypto staking, reinforce Margex’s position as a leader among Bitcoin exchanges and cryptocurrency trading platforms.
Final Thoughts
Margex’s latest platform update shows an expanded staking pool size that allows it to increase staking rewards by 2% APY. The upgrade makes the crypto futures exchange an even more competitive crypto staking platform, paying out users with daily staking rewards on flexible terms.
Take advantage of up to 7% staking APY for top cryptocurrencies by joining Margex’s crypto staking program today.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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