Bitvavo, a prominent cryptocurrency exchange with over 1.5 million users, has recently partnered with Figment to introduce asset staking services. This collaboration signifies a significant step forward for Bitvavo, as it expands its range of offerings for its user base.
Bitvavo is a trusted custodial cryptocurrency exchange that provides reliable services to users in Europe. It stands out among other European exchanges due to its exceptional services and reputation. Operating exclusively within the EU region, Bitvavo boasts an impressive selection of 250 crypto assets and has garnered a large and loyal following. Based in Amsterdam, the exchange operates within a secure trading environment regulated by stringent measures. Additionally, Bitvavo is registered with the Dutch Central Bank, further solidifying its credibility.
Continuously striving for improvement, Bitvavo has joined forces with Figment to incorporate digital asset staking into its services. This collaboration holds immense significance within the cryptocurrency community, as both companies seek to explore new opportunities and expand their potential. By partnering with Figment, Bitvavo can provide additional security measures and expand its staking services.
Mark Nuvelstijn, CEO of Bitvavo, announced the collaboration with Figment, expressing the company’s commitment to enhancing user experience and delivering top-notch products. Nuvelstijn emphasized that the collaboration with Figment will elevate the value of services offered to customers.
Figment was selected as a partner for several reasons, including its expertise in staking, commitment to safety, added security measures, and service expansion. Figment’s up-to-date knowledge of staking will enable Bitvavo to maintain its position as a global leader in the cryptocurrency industry. Having worked with Figment for over six months, Bitvavo was impressed with the quality of their services and their swift problem-solving abilities.
The Head of EMEA at Figment expressed the company’s intention to continue collaborating with Bitvavo while bringing staking services to the users. Figment has established itself as a trusted staking provider, serving numerous institutional clients, including asset managers, wallets, foundations, managers, and token holders. Notable features offered by Figment include a staking dashboard, API integration, and audited infrastructure.
The collaboration between Bitvavo and Figment will introduce new features to enhance their services. Dedicated validator nodes will bolster network security and performance for Bitvavo. Additional reporting capabilities have been implemented to ensure oversight and transparency. Moreover, clients will benefit from Figment’s engineering and protocol expertise, resulting in consistent staking rewards and reduced risk. These enhancements will greatly improve the overall customer experience on Bitvavo’s platform.
In conclusion, Bitvavo’s collaboration with Figment to offer asset staking services signifies a significant development. Both companies express optimism for improvement and anticipate the numerous benefits this collaboration will bring to Bitvavo’s customers. With shared asset staking facilities, Bitvavo users can expect a more rewarding and secure cryptocurrency experience.