Proof of Stake is a method used by blockchain projects to verify transactions and secure the network. As a holder of these coins, you receive rewards for participating in the process.
The Proof of Stake (PoS) concept states that a person can mine or validate block transactions according to how many coins they hold.
At Coinmerce, we create pools for our users, so our combined power helps everyone get rewards.
We publish historical rewards for all staking coins, and give you the full details right in your wallet.
Buying and staking a coin used to be a complicated process requiring wallets for each coin and a lot of effort. Now, you can stake just by clicking a button. Your coins stay on Coinmerce, and so do your rewards.
Depositing and withdrawing is fast, safe and easy with Coinmerce. The options to deposit are iDeal, Bancontact, Sofort, SEPA and credit card. Withdrawing money is free via SEPA and takes 1-2 business days to arrive.
Coinmerce B.V. is registered with De Nederlandsche Bank N.V. (DNB) as a provider of crypto services. DNB monitors compliance by Coinmerce B.V. of the Money Laundering and Terrorist Financing Prevention Act and the Sanctions Act 1977. Coinmerce B.V. Like other crypto providers, it is not subject to the prudential supervision of DNB or the conduct of business supervision of the AFM. This means that there is no monitoring of financial requirements or business risks and there is no specific financial consumer protection.
Coinmerce stores the majority of users' cryptocurrencies in so-called cold storage through our partner Fireblocks. We aim to keep as much as possible in cold storage while keeping sufficient inventory in hot wallets so that the users can withdraw cryptos at all times. To ensure a safe platform, Coinmerce regularly conducts penetration tests, which are performed by reputable third parties.