Cred to enable in-app staking through Klever wallet


The cryptocurrency wallet platform
Klever will allow users to stake several cryptocurrencies. This includes
bitcoin (BTC), Ether (ETH), Tron (TRX), and others in Cred’s
staking programs from within the wallet.
Cred is a cryptocurrency staking and
lending platform. It allows users from across 190 countries to lend their
cryptocurrency funds in return for monthly rewards. The rewards are in stablecoins,
cryptos, and fiat currencies.
The feature will allow users to opt for
any of the Cred staking programs. These will be in return for monthly rewards.
It will allow users to stake Tron, Bitcoin, and Ether. This will be without
having to hold any minimum threshold.
Users will also be able to choose
whether their preferences. They will choose to receive the monthly interests in
ERC-20 stablecoins or other cryptocurrencies. These include such as BTC, ETH,
TRX, Chainlink (LINK), and Basic Attention Token (BAT).
Both companies are working with a
revenue-sharing model. This means Klever would keep a commission for
facilitating the staking process for its users with Cred.
Users will not get rewards in fiat
currencies. This is possible on Cred. But they will be able to do so in the
near future. It will be possible after the launch of their new product Klever
Bank.
Besides, Klever would now also allow
its users to swap Cred’s utility token. LBA for BTC, TRX, ETH, Tether (USDT),
and Klever’s native token KLV.
While currently, Klever only supports
three public chains. These are Bitcoin, Ethereum, and Tron. {latform will add
support for more chains. These include Litecoin (LTC), DigiByte (DGB), DogeCoin
(DOGE), EOS (EOS), Stellar (XLM), Bitcoin Cash (BCH), and XRP.
Further, cryptocurrencies supported on
these blockchains will be available soon for staking. It will be allowed with
Cred inside the Klever App.

World Crypto Business
CBW - External Analyst
UNITED STATES