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KriptoEarn - How to stake/unstake your assets
KriptoEarn - How to stake/unstake your assets
Kriptomat Support Team avatar
Written by Kriptomat Support Team
Updated over a week ago

KriptoEarn puts your crypto to work earning rewards while you’re offline, asleep, or busy at the office.

Here is how to stake your assets:

  1. Login.

  2. Navigate to “Bulid Portfolio” >> KriptoEarn.

3. Select “Start Now” or Select the currency you wish to stake.

4. Select the amount of Crypto you wish to stake. You can enter the amount manually or select a certain percentage of Crypto you wish to stake.

5. Here you will also be able to see all the details such as the locking period and fee. Once you define the amount you wish to stake, press Confirm.

6. Read the “Terms of Service” and accept them.

7. This transaction is waiting to be staked on the blockchain. This may take a couple of hours or days to complete.

8. You can always check the status of your stake if you scroll down a bit:

That is it, once your stake gets processed you will see it as successful and all you need to do is relax and enjoy your rewards. 💪🏆

How to unstake your assets:

  1. Login.

  2. Navigate to “Bulid Portfolio” >> KriptoEarn.

  3. Select the currency you wish to unstake.

  4. Select “Withdraw”.

  5. Enter the amount you wish to withdraw, or select MAX is you wish to withdraw the whole amount.

  6. Once you are all set, press Confirm.

7. That is it, it might take some time for your withdrawal to get processed.

Once your withdrawal is processed your funds will be placed in your regular wallet, and ready to be spent.

Notes:

  • The minimum amount you can stake is depending on the crypto you wish to stake and is expressed in the same currency value.

  • Initial reward distribution usually takes longer, somewhere between 15 and 54 days. All subsequent reward distributions are conducted on the weekly level after the initial distribution.

  • For the staking process to be finalized, it can take from a few moments to a few weeks, depending on the external conditions related to the responsible Blockchain.

    The factors that are influencing the time needed to stake successfully are network congestion, the processing speed of the Blockchain, the Network Consensus Mechanism, Minimum Staking Periods, and several other factors.

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Do you still have any questions? Use the support chat to contact our support team or send us an email [email protected]

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