Coinchase is a well-known crowdfunding and cryptocurrency exchange platform in the world. It was founded in 2018 in Singapore and is providing its exchange and fundraising services across the globe. It has 600,000 users who are mostly from Russia, Australia, Turkey, Taiwan, Japan, Southeast Asia, North America, South Korea, Europe, and many more.
Coinchase launched staking services of eight crypto coins on November 5, 2019, in Singapore. Now, users can enjoy their eight staking services, i.e., CCH, LTC, ETH, BSV, BTC, EOS, BCH, and BNB. Users of Coinchase responded much more in the case of CCH staking service. The company is offering such services to fulfill the financial demands of the users and develop returns on their assets.
Coinchase is one of those exchange platforms that have initiated the concept of staking services and adapted the strategy known as Holding Tokens and Enjoying Profits. It means that users can enjoy profits while staking their tokens. The company offers up to 10% of returns annually with daily compounding mode, which is the main reason to attract many users.
Currently, the staking economy is considered as an economic tool for blockchains. It is a fact that staking has become an essential part of the blockchain technology. Coinchase is focusing on the demands and benefits of the users and hence, improving its blockchain products and services. There is an enormous scope of improvement in the staking services in the future.