Cryptomus FAQ

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What is staking, and how does it work?

Cryptocurrency staking involves holding and locking a certain amount of cryptocurrency in services like digital wallets, crypto exchanges, or staking apps to support the operations of a blockchain network. Participants contribute to the network's security and functionality by actively engaging in its consensus mechanism. In return, they receive staking rewards in the form of additional cryptocurrency tokens.

  1. To start staking, log into your personal account, click on Personal Wallet > Staking, select the coin you want to stake, and click Stake now.

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  2. Choose the coin, validator, staking period, and amount to stake, then tap Confirm.

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  3. The term is automatically set to one year, but you can withdraw your funds after 3 days if needed. However, TRX is an exception—rewards can only be received when the staking term fully expires.

  4. To collect rewards or complete staking, visit the Stake History tab.