Set It & Forget It: Auto & Recurring Staking are Here!

At Ndax, we’re dedicated to delivering a top-tier trading and staking experience for our users. To strengthen our user-centered strategy, we are excited to announce two new long-awaited features for both our web platform and mobile app geared towards stakers: Auto Staking Rewards & Recurring Staking.  

Boost your earnings with Auto Staking Rewards, which reinvests your rewards back into your stake for powerful compound growth. Set it and forget it with Recurring Staking—automatically invest a fixed amount into stakable assets either daily, weekly, or monthly, and enjoy seamless, ongoing staking with zero effort! 

Auto staking is a feature that simplifies the process of earning rewards from staking your cryptocurrency. When you stake, you lock up a certain amount of your crypto to support network operations which is essential in maintaining and securing the network. In return for your participation, you earn rewards over time paid out by the network. Normally, to make the most out of staking, you would need to log in regularly to manually add the generated rewards to your staked amount. This process is called compounding, and it can help boost your generated rewards over time.   
  
Nevertheless, this manual process can be tedious and easily forgotten which is where auto staking comes in. Once you enable auto staking, the system automatically reinvests your rewards into your staked amount. This means that your crypto currency is continuously compounding without any extra effort on your part.   
  
By automating this process, auto staking helps maximize your potential earnings and saves you the hassle of consistently managing your staked assets. It’s a “set it and forget it” approach that lets you grow your crypto holdings effortlessly. 

Auto staking solves a common dilemma for current cryptocurrency stakers. By enabling auto staking it will allow you to;  
 

1. Save Time: Auto staking saves you time by automatically reinvesting your rewards, so you don’t have to log in and do it manually.  
2. Increase Potential Earnings: With auto staking, your rewards are compounded automatically, helping your positions grow over time. 
3. Lessen the Hassle: It eliminates the need to consistently manage your staked assets, making the process more convenient.   
4. Keep Consistency: Auto staking ensures that your staking is consistent without missing any potential opportunities to reinvest your rewards.  
5. Gives Peace of Mind: Once set up, you can relax knowing your staking is on autopilot, maximizing potential crypto rewards without any extra effort. 

Our new Recurring Staking feature allows you to set up a subscription that automatically stakes a chosen amount at regular intervals. This automation simplifies the staking process by eliminating manual steps and ensures consistent investment. This tool will not only save you time but also can help maximize your potential crypto rewards over the long term. With continuous, automated staking and reinvestment, you can efficiently grow your crypto holdings without constant oversight. 

Recurring Staking is a great tool for those who already have recurring buy subscriptions for stakable assets on Ndax. Like Auto-Staking Rewards, there are additional key benefits, such as; 
 

1. Effortless Staking: The Recurring Staking feature automates your staking process, so you don’t have to log in and manually stake assets regularly. This helps ensure you always capitalize on staking rewards. 
2. Customizable Options: Tailor your staking frequency and amount to match your financial goals and risk tolerance. Choose to stake daily, weekly, or monthly—whatever works best for you. 
3. Smooth Integration: The feature blends seamlessly into your staking dashboard, allowing you to manage staking activities without dealing with complicated menus or settings. 

Ndax is excited to enhance your staking experience with two new features: Auto Staking Rewards and Recurring Staking. Auto Staking Rewards automatically reinvests your rewards, helping to maximize earnings through effortless compounding. Recurring Staking allows you to set up automatic, regular staking, ensuring consistent position growth without manual intervention.  

Both features are designed to save you time, reduce hassle, and contribute towards optimizing returns making your staking process more efficient. At Ndax, we’re committed to enhancing your trading experience by giving you cutting-edge tools to aid you on your crypto journey.  Explore these new features and enhance your staking journey today. 

Curious about learning more about staking and its potential for passive income? Check out some of our educational material from our blog;

Purposes and Benefits of Staking
Understanding Annual Percentage Yeild (APY)
The Risks Associated with Crypto Asset Trading

Disclaimer: This article is not intended to provide investment, legal, accounting, tax or any other advice and should not be relied on in that or any other regard. The information contained herein is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of cryptocurrencies or otherwise.