Damex
Glossary

What is Staking?

It’s the process of holding tokens in a cryptocurrency wallet to support the operations of a blockchain network and receive rewards. Staking Damex tokens can lead to various benefits, including higher membership tiers and rewards.

Is staking good for me?

Holding onto your tokens in a digital wallet to support the network and earn rewards. Staking is like putting your money in a savings account to earn interest so, yes, it is

Share this info

Related terms (by category)

Stablecoin

A type of cryptocurrency that is pegged to a stable asset, like a fiat currency, to reduce volatility.

Smart Contract

Self-executing contracts with the terms of the agreement directly written into lines of code on a blockchain.

Sort Code

A number that identifies both the bank and the branch where an account is held, primarily used in the UK.

Related terms (by alphabet)

Discover Damex App

Mobile Payments

Your Instant, Easy, and Safe Mobile Payment App

Exchange of fiat and digital assets

Simplify Your Asset Exchange Experience

Accounts

We’ve got the right solution to keep your funds safe

Step gamification

Turn Your Finances into a Rewarding Adventure!!

Damex Co-branded Visa Card

Swipe, Shop, and Celebrate: Financial Freedom with Damex Visa Cards!

Cashback

Unlock the True Potential of Your Finances

Discover Damex Business

Trading

Helping medium and high-risk clients improve the efficiency and profitability of their global payments processes

IBANs

Accessing corporate bank accounts has become more and more difficult over recent years, particularly for companies deemed to be medium or high risk.

Custody Solutions

Damex offers three alternative custody solutions.

About us

Find out more about Damex.

Career

Join the DAMFAM.

Culture

We are dynamic, we are progressive, we are united.

Team

We are dedicated to make ownership and management of Digital Assets simplified.