CoinDCX on Spotlight with new Crypto plans

Last week Bitcoin touched a new 2020 high of $19,920 and currently sustains at $19,300 levels. BTC has surged by ~ 150% in 2020. Price as on December 5, 2020 at 14:30 PM IST, Bitcoin is at $19,153.97, Ethereum at $593.64, and Ripple at $0.59.

₹ 1,000 invested in BTC at the start of 2020 would be worth more than ₹ 2,500 now

CoinDCX announced their crypto spotlight plan, A Dive into Ethereum 2.0 and CoinDCX’s Support to its Users.

  • Phase 0 of Eth2 is set to start in December 2020.
  • Not only is it important for a technological point of view but also from an environment-friendly way to adopt Proof of Stake as a consensus mechanism.
  • CoinDCX extends its support to the upgrade by providing staking facilities for those users who cannot maintain the high fund requirement of 32 ETH, cannot take care of the technicalities and the infrastructure and worry about the liquidity of their funds.

coindcx crypto spotlight

CoinDCX’s promise to launch an ETH backed token on reaching $1 Million in Eth2 staking.

  • CoinDCX supports the upgradation of the Ethereum network by providing a staking product for users who are unable to stake on the deposit contract for various reasons.
  • CoinDCX is preparing to launch an ecosystem for its users to get the benefits of Ethereum 2.0 including the launch of a token backed 1:1 by Ethereum.
  • CoinDCX will be launching this token on reaching its milestone of staking $1 Million with its Eth2 staking service.

 



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Author: David Porter
David is excellent when it comes to knowledge of blockchain technology and how it works. He worked with a couple of startups before this which were into developing apps related to blockchain. He brings the latest blockchain news to Crypto Pulze and has been working with it since its inception.

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