KriptoEarn puts your cryptocurrencies to work earning rewards while you’re offline, asleep, or busy at the office.
Introduction to staking
Staking is the process of setting a cryptocurrency aside in your account in order to earn rewards. It is similar to earning interest on a savings account, as your cryptocurrency assets generate returns over time.
With our KriptoEarn feature, we handle all the technical details through our partner network, allowing you to focus on earning rewards without any complexities.
Staking on KriptoEarn provides a great way to earn passive income from your cryptocurrency holdings. By participating in staking, you can grow your portfolio while supporting the cryptocurrency ecosystem.
Here are the key benefits of staking your cryptocurrencies:
Passive income. Earn rewards automatically without active trading or monitoring markets 24/7.
Portfolio growth. Your staked assets generate returns, helping your portfolio to grow over time through compound interest.
Simplicity. We manage the entire staking process for you. All you are required to do is deposit your cryptocurrency and start earning.
Flexibility. No lockup periods; you can unstake your assets anytime, a process that is typically completed within a day.
Security. Your assets are protected through our secure partner infrastructure with industry-leading security measures.
Additional questions:
Can I withdraw my staked cryptocurrency at any time?
Yes! With KriptoEarn, there are no lockup periods. You can unstake your assets at any time, and the process is typically completed within a day. This gives you full flexibility to access your funds whenever you need them, while still earning rewards.
Why does it take time to unstake my assets?
The following steps affect the successful withdrawal of your assets to your main wallet:
Processing of your request. Our partner network needs time to properly process your unstaking request and calculate your final rewards.
Security. The processing time helps maintain the security of your assets during the transfer.
Handle system load. During periods of high Blockchain activity, processing ensures all transactions are handled properly and securely.
Does Kriptomat charge any fees for staking your assets?
No. Kriptomat charges 0 fees for staking. There is only a minimal network fee required for processing your staking transactions.
This fee is displayed before you confirm any staking action.
How long does it take for my assets to be successfully staked?
Staking activation happens within 24 hours for all assets. The process is completely automatic – simply deposit your cryptocurrency and sit back. Your assets will be staked, and you will start earning rewards without any additional action needed from you.
Where are my rewards placed once I earn them?
Rewards are distributed weekly, usually every Monday. Your rewards are automatically added to your KriptoEarn balance and merged with your staked amount. This creates a compounding effect where you earn added interest on your rewards.
Compound interest is the return earned not only on the initial amount you staked, but also on any accumulated returns.
Important note: To receive rewards on any given Monday, you need to have staked your assets before the previous Monday. For example, if you stake on Sunday, you will not receive rewards the next day (Monday), but you will receive them the following Monday.
Ready to get started on KriptoEarn? Visit the following link for instructions on how to both add assets and withdraw them: KriptoEarn - How to stake/unstake your assets
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If you still have additional questions or your issue has not been resolved, feel free to contact us at [email protected] or begin a Live Chat with one of our agents - available in 18+ languages!