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<ul>
 <li>SBI Japan pioneers staking service for Shiba Inu and select cryptocurrencies, offering passive income opportunities.</li>
 <li>The service, dubbed “Rent Coin,” allows crypto holders to earn rental fees by lending dormant assets.</li>
 <li>Annual interest rates range from 2% for Shiba Inu and Bitcoin to 5% for Bitcoin Cash.</li>
</ul>
<p>A groundbreaking move in the <a href="https://cryptonewsland.com/top-japanese-exchange-expands-support-for-shiba-inu-in-recent-listing/" rel="noopener noreferrer nofollow">financial landscape of Japan</a> has been unveiled as SBI VC Trade, the cryptocurrency division of SBI Japan, announced the launch of an innovative staking service catering to <a href="https://news.shib.io/2024/04/18/japans-sbi-vc-trade-offers-passive-income-opportunities-to-shib-army/" rel="noopener noreferrer nofollow">Shiba Inu</a> and a curated selection of other digital currencies. This pioneering initiative not only represents a significant leap forward in merging traditional financial services with the burgeoning crypto market but also heralds a new era of opportunities for Shiba Inu holders to diversify their investment portfolios and generate additional income streams.</p>
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   <p lang="ja" dir="ltr">／<a href="https://twitter.com/hashtag/%E8%B2%B8%E3%82%B3%E3%82%A4%E3%83%B3?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#貸コイン</a> 本日20:00～募集開始<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4e3.png" alt="📣" class="wp-smiley" style="height: 1em; max-height: 1em;"><br>BTC/BCH/SHIB 対象3銘柄<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2728.png" alt="✨" class="wp-smiley" style="height: 1em; max-height: 1em;"><br>＼<br><br>詳細はこちら<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f53b.png" alt="🔻" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/BlUfm32IAG" rel="noopener noreferrer nofollow">https://t.co/BlUfm32IAG</a><br>スマホの方はアプリから<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4f1.png" alt="📱" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/SBI?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SBI</a> <a href="https://twitter.com/hashtag/SBIVC?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SBIVC</a> <a href="https://twitter.com/hashtag/VC%E3%83%88%E3%83%AC%E3%83%BC%E3%83%89?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#VCトレード</a> <a href="https://twitter.com/hashtag/%E6%9A%97%E5%8F%B7%E8%B3%87%E7%94%A3?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#暗号資産</a>(<a href="https://twitter.com/hashtag/%E4%BB%AE%E6%83%B3%E9%80%9A%E8%B2%A8?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#仮想通貨</a>) <a href="https://twitter.com/hashtag/%E3%83%AC%E3%83%B3%E3%83%87%E3%82%A3%E3%83%B3%E3%82%B0?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#レンディング</a> <a href="https://t.co/GPbzirqc0v" rel="noopener noreferrer nofollow">pic.twitter.com/GPbzirqc0v</a></p>— SBI VC Trade (SBI VCトレード） (@sbivc_official) <a href="https://twitter.com/sbivc_official/status/1780798881779023977?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 18, 2024</a>
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<p>Dubbed as “Rent Coin,” this cutting-edge lending service allows cryptocurrency holders to lend out their idle digital assets, thereby earning rental fees during the lending period. The introduction of such a service underscores SBI VC Trade’s commitment to providing value-added solutions to crypto investors, especially those who are keen on leveraging their assets to earn passive income without the need to liquidate them.</p>
<p>Key to note is the inclusivity of this service, which extends beyond Shiba Inu to encompass other prominent cryptocurrencies like Bitcoin and Bitcoin Cash. The lending rates vary depending on factors such as the type of assets, duration of the loan, and timing of registration, with annual interest rates ranging from 2% for Shiba Inu and Bitcoin to an enticing 5% for Bitcoin Cash.</p>
<p>&nbsp;However, amidst the excitement surrounding this groundbreaking offering, it’s imperative to heed the details. The recruitment window for participants willing to commit their crypto assets spans seven cryptocurrencies, including XRP, Stellar, Dogecoin, and of course, Shiba Inu. Yet, the deadline for applications looms close, set for April 25.</p>
<p>Moreover, participants must adhere to the specified lending period, which stands at 28 days for Shiba Inu, Bitcoin, and Bitcoin Cash. While the allure of passive income beckons, participants should carefully consider their commitment, as cancellation is not permitted post-deadline.</p>
<p>The timing of this announcement is particularly noteworthy, coinciding with a surge in Shiba Inu’s value alongside the broader crypto market. With <a href="https://cryptonewsland.com/k9-finance-enhances-shiba-inu-ecosystem-with-new-governance-proposals/" rel="noopener noreferrer nofollow">Shiba Inu currently trading</a> at $0.0000231, investors are exhibiting a steadfast commitment to the HODL culture, anticipating a potential price surge post-Bitcoin halving.</p>
<p>This move by SBI VC Trade to introduce staking services underscores a prevailing trend in the crypto sphere, where investors are increasingly exploring alternative avenues to maximize their holdings. As the crypto landscape evolves, initiatives like these not only provide a means for investors to earn passive income but also contribute to the maturation of the industry as a whole.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/sbi-vc-trade-launches-coin-lending-drive-for-xrp-top-cryptos/" rel="noopener noreferrer nofollow">SBI VC Trade Launches Coin-Lending Drive for XRP &amp; Top Cryptos</a></li>
 <li><a href="https://cryptonewsland.com/ripples-odl-and-xrp-powering-japans-sbi-remittance-revolution-in-asia/" rel="noopener noreferrer nofollow">Ripple’s ODL and XRP Powering Japan’s SBI Remittance Revolution in Asia</a></li>
 <li><a href="https://cryptonewsland.com/sbi-holdings-joins-forces-with-circle-to-pioneer-digital-currency-innovation-in-japan/" rel="noopener noreferrer nofollow">SBI Holdings Joins Forces with Circle to Pioneer Digital Currency Innovation in Japan</a></li>
 <li><a href="https://cryptonewsland.com/sbi-joins-forces-with-xdc-network-to-boost-expansion-in-japans-financial-sector/" rel="noopener noreferrer nofollow">SBI Joins Forces with XDC Network to Boost Expansion in Japan’s Financial Sector</a></li>
 <li><a href="https://cryptonewsland.com/japanese-banks-adopt-ripples-xrp-for-global-payments/" rel="noopener noreferrer nofollow">Japanese Banks Adopt Ripple’s XRP for Global Payments, SBI Remit Expands Usage</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/japans-sbi-vc-trade-offers-shiba-inu-staking-for-passive-income/" rel="noopener noreferrer nofollow">Japan’s SBI VC Trade Offers Shiba Inu Staking for Passive Income</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Japan’s SBI VC Trade Offers Shiba Inu Staking for Passive Income

Crypto News Land

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