How does staking work?

Start staking

1. Ensure you have the asset you wish to stake in your Coinmotion account.
2. Access the specific asset's wallet.

3. Choose the "Stake" option.

4. Enter the amount you'd like to stake.

5. Confirm by selecting “Stake now.”

Please note, while your assets are staked, they can’t be sold. To sell them, you must first unstake them.

Unstaking

1. Navigate to the staked asset's page.

2. Select “Unstake.”

3. Indicate the amount you want to unstake.

4. Click “Unstake now.”

Staking rewards

Rewards from staking are paid out weekly, every Tuesday. The weekly reward per staked cryptocurrency must be worth at least 0.01EUR for them to be distributed to you. If the value of the cryptocurrency you have staked falls below 1EUR, you will not be eligible to receive rewards.

The rewards are not credited to your account balance. Instead they are automatically re-staked, maximising your returns through compounding until you choose to unstake them.

You have the flexibility to stake and unstake your crypto at any time to access your accumulated rewards.

A 25% staking fee will be deducted from your rewards by Coinmotion before they are automatically re-staked.