BitGo, the provider of depository solutions, is entering a new level and offers customers the opportunity to receive passive income on the Dash (DASH) and Algorand (ALGO) cryptocurrencies.
BitGo introduces cryptocurrency rates
The new service means that BitGo customers can now put two tokens and receive passive income in the range of 7–13% per annum.
“Rates allow you to earn income from invested funds, even without dealing with assets, leaving them in storage,” said Ben Chan, technical director of BitGo.
In addition, the company bought the Hedge startup, specializing in infrastructure breakdown. Representatives of BitGo are confident that the new acquisition will provide an opportunity to automate many operations and expand the functionality of the service.
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- Last month, the Binance cryptocurrency exchange also launched its eight-coin betting platform, including ALGO.