Flexible Staking Now Live on Bybit’s ByFi Center
Bybit recently launched Flexible Staking on its ByFi Center. This new service allows traders to stake BTC, ETH, USDT, and USDC to earn stable and guaranteed yields. Participants will receive yield every day for their sta...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bybit recently launched Flexible Staking on its ByFi Center. This new service allows traders to stake BTC, ETH, USDT, and USDC to earn stable and guaranteed yields. Participants will receive yield every day for their staked tokens.
Traders can get started by staking at least 0.01 ETH, 0.001 BTC, 50 USDC, or 50 USDT. For newer traders with a lower risk appetite, they can get started with either USDC or USDT, as these flexible staking products have lower entry points.
The staked tokens can be unstaked by participants at any point in time.
All traders, whether seasoned or new, are eligible to participate in Flexible Staking as no KYC verification is required right now.
ByFi Center is Bybit’s asset management platform. It helps both new and veteran traders grow their crypto assets easily. Other than Flexible Staking, ByFi Center also offers DeFi Mining, Dual Asset Mining, and Launchpool.
Established in 2018, Bybit is one of the world’s fastest growing cryptocurrency trading platforms. Trusted by millions of users, it also offers Spot and Derivatives trading across three contracts with best-in-class liquidity so traders are always placed in optimal positions to make the best trades. Bybit’s recent Launchpad and Launchpool platforms have also opened the gateways to supporting brand new and credible projects early — truly an exclusive for traders!
More information about Flexible Staking can be found here. Terms and conditions apply.
This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
XRP Price Prediction: Ripple Teases Special Announcement in Korea Blockchain Week
XRP price is hovering at $1.52 on October 2, up 1% over 24 hours, as we look toward Ripple’s October 3 appearance in Seoul, which...
Tether brings USDT back to Bitcoin with private transfers and swaps
Tether's USDT return to Bitcoin could reduce reliance on wrapped tokens, enhancing privacy and potentially reshaping crypto financ...
Authors Withdraw Ethereum Staking Reward Burn Plan From Hegota Upgrade, Seek Separate Process
A proposal to burn a growing share of Ethereum staking rewards will not be part of the network’s Hegota upgrade. Ethereum France p...
Crypto Shorts Lose $110M In Ten Minutes As Sudden Rally Forces Traders Out
TL;DR Roughly $110 million in bearish crypto positions were liquidated during a rapid ten-minute rally on October 2. The move was...
PropAMMs lower Solana trade costs, and public pool returns crash
A trader can get a better Solana (SOL) swap price while a passive pool depositor remains exposed to traders picking off stale quot...
Bitwise brings its PAPY vault to Circle’s Arc for USDC-based RWA lending
Bitwise's PAPY vault on Circle's Arc could enhance DeFi's appeal by offering diversified RWA lending, potentially boosting market...