CEX.IO partners with P2P Validator to provide Cosmos and Tezos staking

London, England, April XX, 2020 — CEX.IO has partnered with P2P Validator to provide secure non-custodial liquid staking to customers.

London, United Kingdom - April 30, 2020 /PressCable/ —

London, England, April XX, 2020 — CEX.IO has partnered with P2P Validator to provide secure non-custodial liquid staking to customers.

CEX.IO has partnered with P2P Validator to provide seamless Cosmos and Tezos staking and the ability to purchase ATOM and XTZ with a VISA/Mastercard all on one platform. Thanks to the unique liquid staking service, CEX.IO customers can maintain full control of their staked assets as well as trade and withdraw staked cryptocurrency at any moment. Customers will keep getting rewards on the staked coins right up until the funds leave their CEX.IO balance. This partnership allows anyone to engage in staking of popular crypto assets, without needing to dig into technical details.

P2P Validator has established itself as a reliable partner in the staking arena. It has been baking XTZ since November 2018, has achieved a stable AAA+ rating on MyTezosBaker, and has entered the top five Tezos validators by staking balance according to TezosNodes. P2P Validator was also one of the winners of Cosmos Game of Stakes and has participated in every on-chain governance on both the Tezos and Cosmos networks.

This partnership allows CEX.IO to create favorable staking conditions for customers:

No extra steps. Users don’t need to register on any external services or transfer cryptocurrency to external wallets. Everything takes place in the CEX.IO interface.

No locked funds. CEX.IO leaves users in control of their funds thanks to the unique liquid staking feature. CEX.IO users can trade and withdraw coins at any moment and keep getting staking rewards right up until the funds leave their CEX.IO balance.

“Staking alone requires you to dive into technical details to understand how it works. If you are not a tech-savvy person, it can take you a lot of time to understand staking before you can take advantage of it. We wanted to spare our customers this hassle and offered them a simple and secure way to participate in staking.” — Serge Smalko, CEX.IO Team Lead.

Customers of P2P Validator can also benefit from the improved staking experience thanks to add-on features provided by CEX.IO. Now, P2P Validator customers are able to:

use the liquid staking option and receive staking rewards ATOM without having their funds locked — exchange and withdraw funds at any moment

instantly purchase stakeable coins with a VISA/Mastercard and start staking right away using staking.cex.io

“We believe that this cooperation will be mutually beneficial for both CEX.IO and P2P Validator and help improve the experience for customers of both our companies.” — Pavel Pavlov, Product Manager at p2p.org.

Apart from XTZ and ATOM, CEX.IO staking is available for cryptocurrencies including TRX, MHC, ONT, and NEO. Every customer who has these coins on their account automatically participates in staking. Rewards are calculated every hour and sent to customers’ accounts once a month. As the regulatory landscape varies across countries, the CEX.IO liquid staking service is currently available in eligible jurisdictions. Customers need to check that the service is available in their countries.

About CEX.IO

CEX.IO is a UK-based multi-functional cryptocurrency exchange established in 2013. CEX.IO serves the needs of various cryptocurrency market participants, from beginners to professionals, and businesses.

With more than 3 million users across the globe, CEX.IO provides reliable services backed by cold cryptocurrency storage, financial viability, high security, and KYC and AML best practices.

Over the last few years, CEX.IO has grown into a group of companies with licenses in multiple jurisdictions.

Since 2015, CEX.IO LTD has been registered as Money Services Businesses (MSB), administered by the Financial Crimes Enforcement Network (FinCEN), a bureau of the US Department of the Treasury.

In 2019, CEX.IO Limited received a Distributed Ledger Technology (DLT) license issued by the Gibraltar Financial Services Commission (GFSC). CEX.IO Corp has obtained Money Transmitter Licenses (MTLs) in 26 US states.

CEX.IO provides a variety of payment options including credit and debit cards as well as reliable and timely wire transfers. The company strives to offer the best cryptocurrency trading experience and the most convenient service to its customers.

About P2P Validator

P2P Validator is a proven world-leading staking provider that follows security best practices, provides comprehensive due diligence of digital assets, and offers only top-notch staking opportunities.

Currently, P2P Validator is staking more than US$30 million worth of cryptocurrency for over 1,000 delegators across 15+ networks.

Contact Info:
Name: Peter Ivanov
Email: Send Email
Organization: CEX.IO
Address: 24th Floor One Canada Square, Canary Wharf London E14 5AB, London, London, United Kingdom
Website: https://cex.io

Source: PressCable

Release ID: 88955339