Staking in the crypto industry refers to the process of holding on to certain amounts of cryptocurrencies for a specific duration of time to collect and earn rewards. Similar to an interest-bearing savings account, staking your desired cryptocurrencies will let a user earn passive income for the duration of the staked period.

Participating accounts must be verified on the BitDelta platform. Ensure you have a minimum balance in your BitDelta Exchange wallet. By staking these tokens through the BitDelta staking service, you will be able to earn rewards. BitDelta Exchange, for example, allows users to purchase stake tokens and stake them to earn rewards.

Taking part in staking cryptocurrencies over a period of time can earn users’ rewards, which makes it more attractive to acquire and hold assets. With staked assets, you can collect the staking rewards on top of your holdings and grow them even further by accruing future rewards.

The duration of staking is also completely set by the token, and it is up to the user to choose their stake period. BitDelta in no way will inform/advise/state to the user the needed staking duration as it is entirely up to the user itself.

With BitDelta, users can toggle between the profile sections to view their history, percentage gain, and other detailed parameters. Every token and the BitDelta platform will mention their token cap, and once it is achieved, users will not be able to stake on the platform.

The staking interest is distributed daily/weekly/monthly/quarterly/yearly from 00:00 (UTC) on the day after the staking is confirmed until the end of the corresponding period. Additionally, users cannot redeem their tokens before the end of the period. If you choose early redemption, the principal will be returned to your spot account, and the interest distributed will be deducted from the refunded principal. Every user has the right to withdraw from the staking program at any time, only upon request.