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Estimated Annual Yield*
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Reward Coin
*Rewards are calculated and initiated by the network.
CEX.IO is not responsible for
actions or omissions of third parties including, but not limited to the network. This Website
content is for informational purposes only. You should not construe any such information or
other material as legal, tax, investment, financial, or other advice.
FAQ
What is staking coins?
Put simply, staking is holding funds in a cryptocurrency wallet
to maintain a blockchain network’s operations.
How to participate in CEX.IO staking?
To start participating in staking, you just need to buy supported staking
crypto on CEX.IO or deposit it to your CEX.IO account. Your staking reward will
be added to your balance automatically. No additional actions are required.
Can I trade while staking?
Yes, you can trade your Proof of Stake coins. Your reward will be calculated as
long as these coins sit in your CEX.IO account, even if you place an order.
However, once your order is fulfilled, the amount of staked coins will change,
and your rewards will change accordingly.
What is Proof of Stake?
Proof of Stake (PoS) is a consensus mechanism. Unlike Proof of Work,
in which miners solve equations to mine coins, with PoS validators “stake” coins in exchange
for the right to validate blocks on a network. After new blocks are produced, the validators receive a reward.
The advantage of PoS consensus is that it requires less computing power to mine coins and also gives
PoS validators another source of income.
How does CEX.IO calculate and send rewards?
Rewards are calculated every hour and are sent to your account once a month. In the
future, we’ll work on increasing the frequency of payouts. If you hold coins less than a
month, your reward will still be calculated for the period you held the coins in
question.
