Binance, Huobi, OKEx Announce Support for QTUM Offline Staking to Further DeFi Involvement in Asia
Binance, Houbi, and OKEx have revealed that they will support Qtum’s new offline staking feature, enabling users of the world’s largest exchange to earn QTUM rewards simply for hodling. Coupled with an array of improvements to the Qtum platform, offline staking paves the way for DeFi dApps, platforms, and protocols that make use of the same EVM that powers Ethereum.
Following a relatively quiet 2019, Qtum has been reborn in 2020, helped by favorable winds borne by the decentralized finance movement, as well as high Ethereum fees that have made other chains look increasingly attractive. Still, the two chains do have significant overlap: both support smart contracts written in Solidity, using the same EVM, although Qtum also supports a number of other programming languages and enables multiple virtual machines, including x86 VM.
