Bitcoin Suisse, a crypto service provider, has revealed that they might be offering its Ethereum staking services before Christmas this year. It also emphasizes the expectations of the firm for the launch of Ethereum 2.0.
In the official statement, Bitcoin Suisse stated:
“The deposit contract for Ethereum 2.0 is now live. This means that the new version of the second biggest protocol by market cap will most likely become a reality before Christmas.”
Bitcoin Suisse Gearing Up For Ethereum 2.0 Launch
The announcement to launch the staking service before Christmas implies that the firm is gearing up for Ethereum 2.0. Importantly, Bitcoin Suisse is aiming to offer staking service from day one when Ethereum 2.0 goes live. The firm believes that it is one of the milestones that the crypto industry tries to reach in 2020. They wish to be ready in advance so that they can start offering their service from day one.
The deposit contract of Ethereum 2.0 is open to anyone who can purchase a minimum stake of 32 Ether and become the validator. The deposit contract is having deposits of around 101,700 ETH, which is valued at around $48.2 million.
Ethereum 2.0 Expected to be Launched on December 1
According to the post by Ethereum Foundation, Ethereum 2.0 is expected to be launched on December 1. Now with Bitcoin Suisse, people are going to have the benefit of staking early. Also, Ethereum Foundation has stated that investors need to purchase 32 ETH, but with this staking service, the investors will not be entitled to the limit. Moreover, it was revealed earlier that there is no lower limit on staking size, one can purchase it according to their capacity.