PostFinance has partnered with Sygnum, a FINMA-regulated digital asset bank, to offer cryptocurrency trading and custody services.
The new offer includes a “staking” feature, initially available for Ethereum through the PostFinance App and e-finance.
Other cryptocurrencies will be added in the future.
“Staking” involves locking cryptocurrencies to support blockchain security and operations, earning “staking rewards” as passive income.
Alexander Thoma, Head of Digital Assets at PostFinance, stated,
“The staking service is based on ‘native staking,’ which takes place directly on the Ethereum blockchain and thus offers maximum transparency and security.”
Customers can start staking with as little as 0.1 ETH.
Staking prizes are mixed with users’ asset statements along with their other crypto holdings.
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