Cardano (ADA) Staking Now Supported by Trust Wallet

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Trust Wallet has integrated Cardano (ADA) staking, following the suit of major cryptocurrency exchanges

The wallet was acquired by Binance back in August 2018, which was the crypto giant’s first public acquisition.

Last month, Trust Wallet introduced a browser extension that can be downloaded in Google Chrome and Opera. Cardano introduced proof-of-stake to the popular network with the launch of the Shelley hard fork back in July 2020. , Binance.US started supporting Cardano staking in early September. Binance enabled staking for the ADA token in early 2021.

Coinbase, the top American cryptocurrency exchange, made it possible for users to stake Cardano’s native token back in March. It said that it would offer an annual percentage yield on staked ADA of roughly 3.75%.

 

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