BitMart Staking – Committed to providing users with Staking income
Staking refers to an act of depositing tokens in a specific cryptocurrency wallet to support the operation of the blockchain network. Under the Proof of Stake (PoS) mechanism, the pledge will be rewarded. BitMart Staking includes PoS tokens and non-PoS tokens, and sources of income include but are not limited to on-chain node staking rewards, interest compensation, marketing activity plans, etc.
There are many advantages for users of BitMart Staking program.
- Easy to participate
- With Staking, you don’t need to set up nodes, and you don’t have to worry about the minimum stake amount, stake duration or other complicated rules required for on-chain stake. You can get rebates by holding positions on BitMart.
- Stable income
- BitMart firmly believes that users should enjoy a rebate ratio equal to their holdings. BitMart does not impose any fees on users who participate in the token rebate program. BitMart will continue to ensure the security of users’ digital assets, and is committed to maximizing users’ rebate income.
- Multi-currency rebates
- BitMart will actively cooperate with various blockchain projects to strive for more rewards for users to encourage users to hold positions in BitMart for a long time.
What happens when you stake tokens on BitMart?
When subscribed, BitMart will transfer the required amount of the subscribed currency from the spot wallet to your wealth management wallet.
Your locked assets will be pledged on the chain or other financial management activities, and the income will be calculated.
For flexible lock-up products, the purchased products will start to generate income on the second day after the subscription date, and the income will be released to your spot wallet within 2 hours after 12:00 noon of the next Hong Kong time, and the income will be released on a daily basis until the principal is redeemed back.
For fixed-term lock-up products, the total profit needs to be calculated according to the expiration time, and will be released to your spot wallet together with the principal within 2 hours after 12:00 noon of Hong Kong time on the next redemption date.
In BitMart Staking, with one-click pledge, you can choose from ADA, SOL, MATIC and other digital currencies to lock up.
Flexible lock-up products can be redeemed at any time, while regular lock-up products do not support early redemption for the time being.
For staking income, BitMart will not extract any fees.
BitMart hopes that the interests of users will be maximized, and all rewards generated by staking will be shared by users.
Please check BitMart official website or contact the customer support with regard to the latest information and more accurate details.
Please click "Introduction of BitMart", if you want to know the details and the company information of BitMart.
(Forex Broker)
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...