Bithumb Automatically Enrolls Users in Staking When Buying Crypto
- —Staking consent is pre-checked when buying ETH, BTC, XRP, USDT and other assets
- —Flexible staking fee is up to 40% of the reward, versus up to 10% for fixed staking
- —One consent covers all supported coins without separate confirmation
- —As of end-July, Bithumb had 592,742 staking clients — 48.4% of all across four Korean exchanges
Why it matters: Complaints about pre-checked consent could lead to changes in exchange staking practices and tighter regulation in Korea.
Source: Blockmedia