After Guarda became the Kusama (KSM/USD) network’s official validator, users can stake KSM to Guarda’s validator and enjoy a continuous stream of staking rewards. The staking fee of the validator is just 3%. It guarantees non-stop uptime and offers the highly impressive APY of 14.3%. Kusama is the 8th staking validator that Guarda Wallet hosts.

Staking cryptocurrency is one of the safest and easiest ways to make a profit from holding cryptocurrencies in a wallet. It’s far more rewarding than holding tokens or coins and far less risky than trading crypto. Staking crypto is much more convenient than most traditional fiat deposits as well. Holders can take their staked coins back at any time. They can stake them for as little as a few days or a week and then take them back. The reward will be returned along with the staked amount of coins.

The team of Guarda Wallet, a non-custodial multi-platform blockchain wallet, said:

“We are proud to announce that now Guarda Wallet has its own Kusama staking validator. That brings our users one more way to earn crypto right in the wallet, aside from currently supported Harmony (ONE/USD), Ethereum (ETH/USD), Ontology, and other staking options. Our next Kusama goal is the full wallet support of the coin. KSM will become a perfect match to our almost endless list of supported crypto assets. More is yet to come.”

There are far more ways to earn a passive income with Guarda than just Kusama staking. Users can stake other cryptos as well. The benefits of this include low fees, non-stop operation, and support available 24/7.

Guarda Wallet supports the vast majority of cryptocurrencies on the market. This universal wallet stores numerous stablecoins, the coins with the biggest market cap, and thousands of tokens, all in one place. Guarda Wallet can be a one-stop shop for all crypto-related needs because of how easy it makes buying and exchanging crypto.  

The post Guarda Wallet rewards users with 14.3% APY for staking Kusama to its validator appeared first on Invezz.

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