No more Staking products
FAQ
1. How does Staking work?
Staking allows users to get rewards by depositing their Digital Assets for Locked terms.
Locked Products will be redeemed at the Redemption Date stated for each subscription. If you elect to redeem early, your digital assets will be returned to the wallet.
2. What rewards can I stake for Locked Products?
Locked Product APR is subject to change on a daily basis. These rewards are accrued the day after subscription, starting at 00:00 UTC. You will start receiving reward distributions in your Wallet the day after accrual starts (two days after subscription) between 00:00 UTC and 08:00 UTC.
3. What happens if I redeem my Locked Products early?
For selected Locked Products, you can redeem your assets anytime before maturity. However, early redemptions will result in a loss of all rewards you have received. The principal amount redeemed will be deducted by the amount of rewards that have been distributed to your Wallet.
4. How is APR determined, and what is the source of yield for Staking rewards?
Staking APR rewards are determined by Tokocrypto at its discretion, taking into account various factors which are carefully designed to ensure that rewards paid to users are sustainable and competitive.
Tokocrypto may also run promotional campaigns from time to time that are sponsored by partnered projects, and introduced to users via short-term promotional APR offerings on selected tokens.
5. Where can I find more information?
For more information, please refer to our articles in the Support Center or our Terms and Conditions.
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Disclaimer:
Trading bitcoin and cryptocurrencies carries a high level of risk, before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. Tokocrypto does not force users to make transactions. All decisions with your digital money assets are your own decision and do not depend on any party.