- By employing DeFi, HolyTransaction is now able to provide its users with the opportunity to easily earn passive income
- Through staking, holders of the aforementioned coins are rewarded with a small amount of crypto just for the very act of keeping their funds in the wallet
HolyTransaction, a leading free online crypto wallet solution, is excited to announce the introduction of new features based on DeFi (Decentralized Finance) technology. DeFi expands the functionalities of traditional blockchain technology by providing decentralized solutions to advanced problems that used to be solved by the employment of centralized intermediaries. By employing DeFi, HolyTransaction is now able to provide its users with the opportunity to easily earn passive income by staking DAI, USDT and USDC.
HolyTransaction is one of the wallets favoured by demanding crypto investors, who look for a wallet that guarantees a maximum of professionalism, quality, privacy and security, all while also providing increased functionality. HolyTransaction is free, efficient, and easy to use, making everyone capable of using cryptocurrencies without any problems. It’s a universal wallet that provides support for a variety of coins and has an integrated Instant Crypto-to-Crypto Exchange. Aside from BTC and ETH, HolyTransaction also supports a large number of assets: privacy-focused cryptocurrencies such as Monero, Zcash and PIVX, stable coins like USDT and USDC, and almost all of the popular coins like Cardano, Litecoin, Dash, Dogecoin, DigiByte and many more.
The introduction of DAI, USDT and USDC staking opens up a new chapter in the history of one of the most fastly growing free cryptocurrency wallets. It’s a massive enhancement that will allow HolyTransaction users not only to make cryptocurrency transactions, store coins and exchange different cryptos, but also to easily earn passive income with crypto, all because of a mechanism known as staking enabled thanks to the power of Decentralized Finance (DeFi) solutions.
Usually staking is a process available in PoS (Proof-of-Stake) cryptocurrencies. Through staking, holders of the aforementioned coins are rewarded with a small amount of crypto just for the very act of keeping their funds in the wallet and not spending them. However staking with DeFi refers to a process that involves lending your stablecoins on a decentralized protocol to an over-collateralized borrower. It’s the essential idea of passive income: no extra activity is required for earning income, you can just sit back and wait patiently as you watch your funds growing. Traditionally, staking used to be a complicated process, and only people with high technical expertise were able to enjoy the financial benefits of it. However as more and more people want to be able to also earn passive income with staking, exceptional crypto solutions providers like HolyTransaction strive to unleash the power of DeFi to make staking more inclusive and available to everyone.
Thanks to holytransaction.com, earning passive income by staking DAI, USDT and DAC is a completely safe, easy and effortless process. All it takes is enabling staking in your wallet, and you can start observing as the number of funds on your account begins to grow. Thanks to the power of DeFi, HolyTransaction is now fully a next-generation wallet – one that not only provides a secure way to send, receive, and store various cryptocurrencies, but also to gain passive income with staking just by holding them.