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How to stake/unstake funds to KriptoEarn via the Mobile App
How to stake/unstake funds to KriptoEarn via the Mobile App
Kriptomat Support Team avatar
Written by Kriptomat Support Team
Updated over a year ago

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

How to stake funds with KriptoEarn:

  1. Login.

  2. Go to KriptoEarn from the bottom menu.

  3. Click the “+” icon in order to stake your crypto.

  4. Select the currency you would like to stake.

  5. Click “Start Earning”.

  6. Define the amount you would like to move from your primary wallet to staking.

  7. Click “Preview Earnings”. On this screen, you will be able to see all the details related to your staking, including an estimation of when you will receive rewards, etc.

    8. Press “Confirm”.

That is it, you have successfully staked your funds now! 🪙 💪 🎉

How to unstake funds with KriptoEarn:

  1. Login.

  2. Go to KriptoEarn from the bottom menu.

  3. Select the crypto you wish to unstake.

  4. Press “Withdraw”.

  5. Define the amount you wish to unstake.

  6. Press “Preview transaction”.

  7. Here you will see all details of your transaction including the estimated time needed to process unstaking and credit funds to your primary wallet.

  8. Confirm the withdrawal and that is it. 💪

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 22 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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