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Maximize your Zilliqa (ZIL) Staking with CEX.IO
Join CEX.IO Staking and generate passive cryptocurrency income in ZIL with high estimated annual yield, automated distribution of staking rewards, and no lock periods.
Choose a coin to stake
ZIL
AVAX
KSM
KAVA
DOT
FLR
MATIC
-
ZIL
ATOM
SOL
ADA
TRX
XTZ
How many coins do you hold?
30,000
ZIL
Estimated Annual Reward:
3%
2 ZIL 0.05 USD
75 ZIL 1.95 USD
900 ZIL 23.42 USD
What is Zilliqa (ZIL) Staking?
Crypto staking allows you to earn interest rewards for holding cryptocurrency tokens on the native blockchain network of a cryptocurrency. To add your tokens to a blockchain network, you need an intermediary.
CEX.IO is the largest and most secure staking intermediary for staking Zilliqa (ZIL) coins. By depositing your ZIL coins to CEX.IO, you earn one of the highest Zilliqa reward rates in the industry at an 11% estimated annual yield (EAY).
How to stake ZIL Zilliqa
CEX.IO automatically stakes all your stake-able coin balances, as long as they stay in your CEX.IO account, so you do not need to do anything extra.
If you do not already have ZIL coins on your CEX.IO account, you can either
1
Transfer/deposit your ZIL coins to your CEX.IO account,
2
Buy ZIL on CEX.IO using the Instant Buy Service
- 1Go to the Deposit pageClick on the green Deposit button at the right top corner of your CEX.IO homepage
- 2Select the currency menu
- 3Find ZIL in the menu
- 4Send ZIL to your wallet
- 1Go to the Buy/Sell pageClick the Products menu right next to the CEX.IO logo. In the dropdown menu that pops out, click on Instant Buy under the For Everyone list.
- 2Choose ZIL and fiat currency
- 3Select your purchase amount
- 4Confirm the transaction
How to stake ZIL Zilliqa on CEX.IO Earn
Alternatively, you can deposit or buy Zil by directly clicking on the Earn button in the Spot Trading dropdown menu at the top of your homepage.
On the Staking tab, you will see the list of all stake-able coins starting with Zilliqa. As you can see in the list below, Zilliqa offers the highest staking reward rate on CEX.IO after MetaHash, at 11% EAY.
Staking information
Coin
Estimated Annual Reward*
Minimum Holdings
Reward Coin
The two green buttons on the right side of the list are used to deposit Zilliqa to your account (Add Funds) or buy Zilliqa with the Instant Buy service (Buy), the two methods to fund your Zilliqa staking account on CEX.IO.
So if you click on the Add Funds button, it takes you to the Deposit page, and if you click on the Buy button,
it takes you to the Instant Buy page, which we covered in the above sections.
While staking Zilliqa on CEX.IO, you can buy more ZIL with the Instant Buy Service and increase your ZIL balance in your staking wallet, which could increase your rewards.
When do I receive Zilliqa staking rewards?
Staking rewards are calculated every hour on CEX.IO and sent to user wallets once a month on a specified date, which is typically the end of a staking period. One staking period on CEX.IO is usually one month.
You can find your next reward payment date on the top right corner of the Staking tab (check the Staking tab screenshot above).
Where do I track my Zilliqa staking rewards?
You can track your Zilliqa staking rewards by again going to the Staking tab on the CEX.IO Earn page. On the list of stake-able currencies on the next page, you will see all your available cryptocurrency balances and staking earnings, like the sample Zilliqa balance, shares, and earning information.
How does the Zilliqa staking calculator work?
Your staking rewards are calculated by multiplying the number of coins you stake by the estimated annual yield for that cryptocurrency. This gives your staking reward amount per year.
To calculate your staking rewards for a specific period such as a single month, you need to take the monthly ratio of that annualized figure.
CEX.IO provides a Zilliqa staking calculator for your convenience. When you scroll down on the main Staking page, you will see the Calculate your earnings section with a calculation table on the right.
First, select ZIL from the dropdown menu and then enter how many coins you hold. Please note that the maximum number of ZIL coins you can stake on CEX.IO now is 478,202 as you can observe in the screenshot above.
Choose a coin to stake
ZIL
-
AVAX
-
KSM
-
KAVA
-
DOT
-
FLR
-
MATIC
-
ZIL
-
ATOM
-
SOL
-
ADA
-
TRX
-
XTZ
How many coins do you hold?
30,000
ZIL
Estimated Annual Reward:
3%
2 ZIL 0.05 USD
75 ZIL 1.95 USD
900 ZIL 23.42 USD
First, select ZIL from the dropdown menu and then enter how many coins you hold. Please note that the maximum number of ZIL coins you can stake on CEX.IO now is 478,202 as you can observe in the screenshot above.
After you enter the number of ZIL coins you hold, you will see on that table your estimated
- Daily-earnings
- Monthly earnings
- Yearly earnings
The Zilliqa staking calculator automatically calculates the estimated earnings for these three different periods.
On CEX.IO, you are allowed to give limit orders for your staked coins. As long as the orders are pending and not executed, those coins sitting in the orders will be included in the staking rewards. Only after the orders execute, those coins will be deducted from the staking rewards.
So if you stake Zilliqa for only a portion of the staking period and sell it before maturity, you will still earn the proportional staking rewards for the days you have held onto your coins.
Why are earnings expressed as an “estimated” annual yield?
You can track your Solana staking rewards by again going to the Staking tab on the CEX.IO Earn page. On the list of stake-able currencies on the next page, you will see all your available cryptocurrency balances and staking earnings, like the sample Solana balance, shares, and earning information.
These also constitute the reason that the estimated annual yield sometimes differs from month to month.
How to Unstake ZIL
As the staking process on CEX.IO is conducted automatically, there is also no separate function to “unstake” your coins. Staking for your coins ends automatically when you either sell them on the CEX.IO exchange or withdraw them to another exchange or wallet.
This is an industry-first practice adopted by CEX.IO. Almost all other cryptocurrency exchanges enforce lockup periods for their staking customers. When there is a lock period, users cannot withdraw or trade their staked coins until the maturity date.
As there is no lockup period on CEX.IO, you can withdraw or sell your staked coins at any time. This feature allows Zilliqa investors to stake and trade their Zil coins simultaneously. A detailed explanation of how staking works on CEX.IO can be found in this blog post.
