KuCoin Introduces ‘Soft Staking’ for Cosmos, EOS, TRON and IOST


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:

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.

This news comes just days after KuCoin revealed that it will be conducting a temporary KuCoin Shares (KCS) buyback and burn program throughout the third quarter of 2019.

More: Soft Staking – Cash Back Investment Program

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.

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