Crypto Staking

In a blockchain network, transactions are validated by participants known as nodes. The way they achieve consensus on the order and validity of transactions varies by blockchain. In Proof of Stake, this is done by participants staking their crypto assets to the network. By locking the underlying crypto assets in the network, reliability is demonstrated, and in return, a staking reward is paid out.

With staking, you receive passive income in the form of interest. You put your crypto assets to work. The interest you receive can be automatically reinvested, allowing you to benefit from compounding interest.

Amdax takes care of the technical work and starts working for you right away. You receive a fixed interest rate, which is periodically determined. The interest is paid out weekly at a fixed time.

Crypto assets are in safe hands at Amdax. Custody at Amdax means real custody. Even with staking, we maintain full-reserve custody: all assets remain stored with us. Thanks to our professional infrastructure, your crypto assets are stored very securely.

 

*Returns in the form of staking rewards are indicative and may be periodically adjusted.

 

Yes, you can only earn interest on assets that you keep with Amdax.

Amdax offers several crypto assets for staking. When you own one of these crypto assets, you have the option to stake. If you do not yet own any crypto assets eligible for staking, you can purchase them through Amdax. In your personal Amdax environment, you can directly stake the desired crypto assets.

For some crypto assets, there is a waiting period (bonding period). This waiting period begins when you remove your crypto from staking (unstaking). Once this period is over, you can freely trade your crypto assets again. The following crypto assets available for staking with us are subject to a waiting period:

 

 

The waiting period is exclusive of the one business day processing time required for staking or unstaking.

Within a blockchain network, transactions are validated by all participants, the so-called nodes. How they reach consensus on the order and validity of transactions varies per blockchain. In proof-of-stake, this is done by participants who make their crypto assets available to the network through staking. By staking, you contribute to the security of the network. Staking is thus part of proof-of-stake blockchains and not available on other types of blockchains.

No, as long as crypto assets are actively staked, you cannot withdraw or trade them. You must first unstake your crypto assets by submitting an unstaking request. Note: some crypto assets have a waiting period. After the waiting period, your crypto assets can be freely traded.

Be aware that staking carries risks. By staking your crypto assets, you cannot sell your position. You must first unstake your crypto assets. When we receive the unstaking request, it will be processed the next business day. For crypto assets with a waiting period, you must wait for this period to end before your assets are freely tradable again.

Yes, the staking rewards you receive in the form of the respective crypto asset are automatically staked, allowing you to earn compound interest.

Rewards can be found in the balance overview in your client environment.