Altcoins

KuCoin Launches NULS Soft Staking Program

KuCoin exchange has launched the NULS Soft Staking Program, it will be activated on July 14, 2019 (UTC+8).

This will allow the holders of NULS to stake their coins on KuCoin exchnage without the need to stake them on their personal wallets (Which is a safer option, yet some may prefer to leave their coins on exchanges).

KuCoin will adjust the staking proportion of NULS every calendar day and calculate the daily revenue of the users according to the snapshots of the NULS amount held by users at 23:59:59 (UTC+8) each calendar day.

KuCoin will support soft staking for more coins as well as active staking.

What is NULS?

NULS is an opensource blockchain built using Java, NULS platform supports building DAPPs. NULs proposes a development model similar to Linux kernel development. NULS provides smart contract, multi-chain mechanism and cross-chain consensus.
It aims to break the technical barriers of blockchain, to reduce the cost of development, and to promote the usage of blockchain technology in the commercial field.

NULS USD price chart for the last 7 days:

June G. Bauer

Pop cultureaholic, Technology expert, Web fanatic and a Social media geek. If you have any questions or comments please feel free to email her at june@thecoinspost.com or contact her on Twitter @JuneTBauer1

Recent Posts

Binance Delists Four Major Cryptocurrencies: What You Need to Know

Binance, the world's largest cryptocurrency exchange has announced its plans to delist and pause trading… Read More

7 months ago

LocalMonero Announces 6-Month Shutdown Plan

LocalMonero, the peer-to-peer exchange platform for the privacy-focused cryptocurrency Monero (XMR), will be shutting down… Read More

8 months ago

Telecom Giant Vodafone Bringing Crypto to the Masses Via SIM Cards

The major telecom company Vodafone has unveiled an ambitious plan to integrate cryptocurrency wallets directly… Read More

8 months ago

No Evidence of Hack, Says Bitfinex CTO Amid Ransomware Gang’s Allegations

In the world of cybersecurity, claims of data breaches can cause significant concern and speculation.… Read More

8 months ago

Indian Police Seize 268 Bitcoins Worth $17 Million in Crypto Bust

Indian authorities have seized large sum of bitcoins from a resident of Haldwani, a… Read More

8 months ago

Smart Contract Hacking Costs Ex-Engineer $12M and His Freedom

A former senior security engineer was sentenced to three years in prison for executing sophisticated… Read More

9 months ago