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How to Use the Staking Feature

Learn how to start staking and earn daily rewards. This guide walks you through selecting your currency, choosing a plan, entering your stake amount, and managing your staking account.

Written by Support
Updated over 2 weeks ago

Our new staking feature allows you to earn daily profits on your available currency by locking it into a staking plan for a set period. Here's how you can start staking:

Step 1: Access the Staking Feature

  1. Go to Your Account Dashboard
    The Staking button is available directly from your dashboard. Simply log in and navigate to the dashboard to begin.

  2. Click the Staking Button
    Once you're in the dashboard, click the Staking button to start the process.

Step 2: Choose Your Currency

  1. Select Your Currency

    You can choose from the following currencies available for staking. If you have the desired currency in your Checking Account Balance, you can easily use it to stake.

    Here are the supported currencies, along with their APY rates and minimum staking amounts:

    • Tether GOLD (XAUT): 5% APY, Minimum Stake: 0.001 XAUT

    • Pax Gold (PAXG): 5% APY, Minimum Stake: 0.001 PAXG

    • USDT (Tether): 6.5% APY, Minimum Stake: 10 USDT

    • USDC (USD Coin): 6.5% APY, Minimum Stake: 10 USDC

    • ETH (Ethereum): 4.2% APY, Minimum Stake: 0.01 ETH

    • SOL (Solana): 8.1% APY, Minimum Stake: 0.01 SOL

    • XRP (Ripple): 8.2% APY, Minimum Stake: 10 XRP

    • BTC (Bitcoin): 3.7% APY, Minimum Stake: 0.001 BTC

    • ADA (Cardano): 5.3% APY, Minimum Stake: 10 ADA

  2. Top Up Your Balance
    If your balance is low, you can click the Top Up button to fund your account with the desired currency.

Step 3: Choose a Staking Plan

  1. Select Your Plan & Duration
    The staking feature currently offers a Long-Term Plan with a duration of 12 months.

  2. Specify the Amount You Want to Stake
    After selecting your plan and duration, you'll need to enter the amount of currency you wish to stake.

  • Note: The duration is based on when you create the plan, not the calendar year. Any additional deposits will be merged with your existing plan, but won’t extend the plan's duration.

Step 4: Start Earning

1. Confirm Your Selections
Double-check your currency, plan, and duration before finalizing your staking.

2. Activate Your Plan
Once confirmed, your funds will be secured in the staking plan, and you’ll start earning interest immediately.

How Staking Works:

  • Profit Calculation
    Your profits are calculated daily and paid directly to your Checking Account Balance every 7 days.

  • Currency for Profits
    You will receive profits in the same currency that you used to stake.

  • Secured Funds
    Your funds are committed to the staking plan for the entire duration of the plan (12 months).

  • No Early Termination
    Please note that once your funds are committed, they will remain in the plan for the full duration. You will receive your rewards throughout the year, and at the end of the term, the funds will be transferred back to your checking balance.

Important Notes:

You can make additional deposits into your staking plan, which will be merged with your existing balance. However, this will not extend the plan’s duration.

FAQs

1. Can I terminate my staking plan early?

Once your funds are committed to the plan, they will remain for the full term. Early termination is not available.

2. What happens when my staking plan ends?

At the end of your staking term, your funds will be released and transferred back to your checking balance.

3. Can I add more funds to my staking plan during the term?

Yes, you can add more funds to your staking plan, and they will be merged with the existing balance. The duration of the plan will not change.

4. How are profits calculated and paid?

Your profits are calculated on a daily basis and paid every 7 days directly into your checking balance. You will receive profits in the same currency used for staking.

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