The EOS Network Foundation (ENF) announced via X on Wednesday that EOS staking is now available on CoinTR, a leading cryptocurrency exchange in Turkey. The staking feature aims to provide users with value-added services for their spare crypto assets.
This comes a few weeks after the EOS Network Foundation and EOS Labs announced a partnership with CoinTR. This collaboration will see the establishment of a Turkish Web3 Incubator aimed at cultivating cutting-edge blockchain projects within the Turkish market.
As part of the partnership, CoinTR users will be able to participate in IEOs and launchpools for incubated projects exclusively with EOS, USDT, and the Turkish lira as the officially supported platform currencies.
EOS is a Delegated Proof-of-Stake cryptocurrency that launched in 2018 after a record-breaking ICO raising over $4.1bn. Its focus is on providing development flexibility, network scalability, and user-friendliness. EOS is down by less than 1% in the last 24 hours and is currently trading at $0.860 per coin.