Trust Wallet Guide: How To Buy And Stake $JADE Protocol

July 19, 2022 by No Comments

Jade Finance stake, a digital asset management firm, has announced that it has acquired a minority stake in BlockFi, a crypto asset-backed lending platform. This investment will allow BlockFi to continue expanding its lending and borrowing services to more clients around the world. It will also help Jade Finance diversify its portfolio and gain exposure to the burgeoning crypto asset market. BlockFi has emerged as one of the leading players in the space, offering competitive rates and flexible terms on loans backed by Bitcoin, Ethereum, Litecoin, and other digital assets. The platform has also attracted major investors like Galaxy Digital Ventures and Peter Thiel’s Mithril Capital Management.

With this latest investment, Jade Finance is reaffirming its commitment to the digital asset space and its belief in the long-term potential of BlockFi’s platform. “We are excited to be partnering with BlockFi as they continue to grow their business and expand their reach,” said Jade Finance CEO James Storjor. “This investment is a natural fit for us, as we look to provide our clients with exposure to the burgeoning digital asset market.”

Founded in 2017, Jade Finance stake is a digital asset management firm that offers a suite of services including portfolio management, research, and analysis. The firm is headquartered in Singapore with offices in Hong Kong and Vietnam. JADE Protocol is a next-generation, open finance platform built on Ethereum. It enables new forms of financial interaction and opportunity by bringing together disparate protocols and assets onto one easy-to-use platform. In this Trust Wallet guide, we’ll show you how to buy and stake JADE Protocol tokens (JADE).

JADE Protocol is a Layer 2 scaling solution that uses Plasma technology to bring scalability, speed, and security to the Ethereum network. The protocol enables the creation of decentralized exchanges (DEXes), synthetic assets, and other financial instruments. The team behind JADE Protocol is aiming to build a one-stop shop for all your open finance needs. The protocol is live on the Ethereum main net and has already launched a DEX called Jade Exchange.

How to buy JADE Protocol tokens (JADE)

If you want to buy JADE Protocol tokens, you first need to purchase Ethereum (ETH). You can do this with a credit card or debit card on an exchange like Coinbase or Binance. Once you have ETH, you’ll need to transfer it to an Ethereum wallet like Trust Wallet. Once you have ETH in your Trust Wallet, tap on the “DEX” tab and search for “JADE.” Tap on the “Buy Now” button and enter the amount of JADE you want to purchase. Finally, review the transaction details and tap on “Confirm.”

How to stake JADE Protocol tokens (JADE)

If you want to earn rewards for supporting the JADE Protocol network, you’ll need to stake your JADE tokens. Staking is the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network. To stake your JADE tokens, open the Trust Wallet app and go to the “DEX” tab. Tap on the “Stake Now” button and enter the amount of JADE you want to stake. Then, review the transaction details and tap on “Confirm.” Once you’ve staked your JADE tokens, you’ll start earning rewards! Rewards are paid out in ETH and are distributed proportionally to the amount of JADE you have staked. In this Trust Wallet guide, we showed you how to buy and stake JADE Protocol tokens (JADE). Now that you know how to do it, why not try it yourself? Staking JADE is a great way to support the protocol and earn rewards at the same time!

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