Gemini, Crypto Exchange, (Eth) and Solana Directly through its platform, the company said in a blog post on Tuesday.
The introduction follows the opening of Gemini’s first permanent office in London and signalizes the company’s push to strengthen its footprint in the region.
Stacking is the process of unlocking symbols to help ensure proof that blockchains in exchange for rewards. Users can stick any amount on ether or Solana where Gemini offers up to 6% annual percentage (Apr) at sun and a variable speed for eth.
Until now, efforts on Gemini’s British platform demanded at least 32 ether through his stake pro service. The new offer removes this barrier, making effort more accessible to retail users.
Gemini says its intervention product is designed to simplify participation in Proof-of-Stake Network. Rewards accrue daily and can be traced in the app while the company highlights its custody setup of institutional quality as an additional layer of security.
The move comes in the midst of increasing competition between exchanges offering stacking services, with yield speeds and easy to access to become key districts for retail users who want to earn passive income from their crypto stocks.
Last week the exchange said it had secured a markets in crypto assets (Glitter) License from Malta Financial Services Authority (MFSA)It strengthens its bid to expand over the European Union.
Read more: Crypto Exchange Gemini secures Mica License on Malta, expands the European footprint
