1. What if I need to trade my SOL?
Because your tokens remain in your CoinList account, you can trade anytime. However, you will forfeit rewards.
2. How do I see my staking rewards?
You can view your current and historical rewards in your CoinList wallet dashboard. Rewards are automatically added to your SOL balance in the middle of the month.
3. Is my principal guaranteed?
Staking—and holding crypto assets—comes with risks, including market volatility. Rewards are not guaranteed and can vary based on validator performance and network factors.
4. Who can participate?
Anyone whose region is supported by CoinList and does not violate local regulations can hold SOL in their CoinList account to earn auto-staking rewards.
5. Who is eligible for SOL Trading and Staking?
SOL trading and staking is prohibited for residents in the U.S. including all U.S. territories, Canada, and other unsupported jurisdictions.
6. How does SOL Staking work?
When you deposit or purchase SOL on CoinList, you may be eligible to receive staking rewards by keeping SOL in your CoinList Wallet. Once you deposit SOL into your CoinList Wallet, you are automatically opted into staking rewards. There is no action required on your end to participate.
7. What fees are charged for this staking service?
A 15% fee will be taken from your earned staking rewards. Your staked principal will not be affected by the fee. You can find updated information about the fees here.
8. Do I have to buy my SOL on CoinList to earn staking rewards?
No. Users who have purchased SOL from other exchanges can deposit SOL into a CoinList Wallet to start earning rewards.
9. How much are SOL staking rewards?
Rewards are determined on the protocol level. You can see current staking rewards at https://coinlist.co/staking. The estimated reward takes into account CoinList’s the validator's fee.
10. Who is the SOL staking provider for CoinList?
SOL tokens held in CoinList Wallets are delegated to nodes operated by Figment.
11. How do I opt-out of SOL staking rewards?
If you would like to opt-out of staking rewards for autostaked assets, follow the below steps:
1. Promotion Period: The Promotion Period begins on June 18 10:00 UTC and ends July 2, 23:59 UTC. Following the completion of the Promotion Period, no further entries or trading activities will be considered.
2. Terms & eligibility:
3. How to enter:
Sign into your CoinList account
Purchase $100 worth of XZK (based on the value of the crypto asset(s) at the time the trade is accepted) on CoinList to earn one (1) entry into the sweepstakes.
4. Entry limit
There is a limit of twenty (20) entries per user throughout the Promotion Period. Entries received from any person who attempts to cancel and create a new account, or who attempts to create an additional account, during the Promotion Period will be disqualified. Any attempt by any Entrant to obtain more than the stated number of entries by using multiple/different email addresses or any other method will void that Entrant's entries and that entrant may be disqualified. Use of any automated system to participate is prohibited and will result in disqualification.
5. Random drawing: Twenty six (26) Potential Winners will be randomly drawn on or around July 16, 2024 from all eligible entries received. The random drawing will be conducted by CoinList, whose decisions are final and binding. The odds of winning a prize depend upon factors which include the number of eligible entries received.
6. Potential winner notification: Potential Winners will be contacted via email to the email address associated with their CoinList account. Rewards will be deposited to the Winners on or around July 16, 2024.
7. Prizes and prize restrictions:
Tier 1: One (1) winner will receive five thousand dollars ($5,000) in XZK. Total value of prize: $5,000
Tier 2: Five (5) winners will each receive two thousand dollars ($2,000) in XZK. Total value of prize: $10,00
Tier 3: Twenty (20) winners will each receive two hundred dollars and fifty ($250) in XZK. Total value of prize: $5,000
All prize values stated herein are in USD. Price of XZK prizes determined by CoinList’s set rate on a date and time selected by CoinList at its discretion prior to upload of prize to winner’s CoinList account. All winners who wish to sell the prize may do so by selling their XZK for any other asset available on CoinList.
1. Who is eligible for SUI Trading and Staking?
SUI trading and staking is prohibited for residents in the U.S. including all U.S. territories, Canada, and other unsupported jurisdictions.
2. How does SUI Staking work?
When you deposit or purchase SUI on CoinList, you may be eligible to receive staking rewards by keeping SUI in your CoinList Wallet. Once you deposit SUI into your CoinList Wallet, you are automatically opted into staking rewards. There is no action on your end required to participate. Please note that SUI held on CoinList Pro does not earn staking rewards.
4. What fees are charged for this staking service?
A 15% fee will be taken from your earned staking rewards. Your staked principal will not be affected by the fee. You can find updated information about the fees here.
5. Do I have to buy my SUI on CoinList to earn staking rewards?
No. Users who have purchased SUI from other exchanges can deposit SUI into a CoinList Wallet and enroll in the staking rewards program.
6. How much are SUI staking rewards?
Rewards are determined on the protocol level. You can see current staking rewards at https://coinlist.co/staking. The estimated reward takes into account CoinList’s fee.
7. Who is the SUI staking provider for CoinList?
SUI tokens held in CoinList Wallets are delegated to nodes operated by Luganodes.
Stake SUI » https://coinlist.co/staking
Some crypto networks, like Bitcoin, use a Proof of Work (PoW) consensus mechanism where miners validate transactions by solving difficult math problems, other networks use a consensus mechanism known as Proof of Stake (PoS). In PoW networks, miners maintain consensus and secure the network, while PoS networks rely on participants known as validators to perform the same work.
Validators confirm transactions and maintain consensus on the network to maintain the integrity and security of the blockchain they’re validating. To ensure that validators are acting honestly, PoS networks require validators to stake a minimum amount of tokens native to that network. This stake can be aggregated from many users, not just the validator, and essentially acts as a security deposit – if a validator is confirming invalid transactions, then validators will lose part of the capital they staked. As compensation for their work and for the opportunity cost of capital, validators earn network rewards for their work. These rewards can be shared among their community for users who have provided additional stake.
Most PoS networks have different and unique consensus mechanisms and economic models. We recommend conducting your own research on each network before participating in any staking program.
When you deposit or purchase a supported Proof-of-Stake (PoS) asset on CoinList, you may be eligible to receive staking rewards by having that asset in your CoinList wallet.
Once you deposit an eligible asset into your CoinList wallet, you are automatically opted into staking rewards. There is no action on your end required to participate, but you may opt-out of staking rewards at anytime from the Staking page > Select the asset > Select “…” for more options > Toggle “Auto stake assets” off.
1. What is AXL staking?
Axelar is a proof-of-stake network that securely connects all blockchain ecosystems, applications, assets, and users to deliver Web3 interoperability. The AXL token is the utility token for the network, which supports security, decentralization, and ecosystem growth.
Axelar network security is based on delegated proof-of-stake. Axelar built permissionless technology that enables a path toward decentralization. AXL staking supports decentralization while allowing validators (and users who want to act as validators) to earn rewards.
2. What are the types of staking we offer for AXL and how do I participate?
We offer auto-staking for AXL. To stake on CoinList, deposit AXL into your CoinList Wallet and you will automatically be opted-in
3. How much are AXL staking rewards?
You can find the most current staking reward amount on the Staking page (https://coinlist.co/staking) of your account. Please note that CoinList does not guarantee any reward will accrue, and the amount of the reward is subject to change at any time. The estimated reward takes into account CoinList’s fee.
4. What fees are charged for this staking service?
A 15% fee will be taken from your earned staking rewards. Your staked principal will not be affected by the fee.
6. Do I have to buy AXL on CoinList to earn staking rewards?
No. Users who have purchased AXL from other exchanges can deposit AXL into a CoinList Wallet and automatically enroll in the staking rewards program.
7. Who is eligible to earn AXL staking rewards on CoinList?
AXL auto-staking is available in jurisdictions where AXL is available for trading. Please visit this page to see our list of approved jurisdictions.
8. What are AXL staking rewards paid out in?
Rewards are paid out in the native version of the AXL token.
9. When will I receive my AXL staking rewards?
Rewards are distributed monthly, on or around the 15th.
10. Will my rewards be automatically re-staked? Are AXL rewards compounding?
Yes, your AXL staking rewards are automatically re-staked and will earn additional rewards until you choose to trade or withdraw them.
11. Who are the AXL staking providers for CoinList?
Currently, AXL tokens held in CoinList Wallets are delegated to nodes operated by Everstake.
12. Can I choose the nodes my AXL tokens are delegated to?
CoinList does not include the functionality to choose the staking provider to which your tokens are delegated (i.e. they are automatically delegated to one of the providers listed above).
13. How do I opt out of AXL staking rewards?
You will automatically receive staking rewards by holding AXL in your CoinList Wallet. If you would like to opt-out of staking rewards, go to the Staking page > Select AXL > Select “…” for more options > Toggle “Auto stake assets” off. Please note that if you opt out of staking, your earned staking rewards will be distributed at the end of the month along with the regular staking reward distributions. You will not receive your earned staking rewards early.
14. Can I stake wAXL tokens?
No. Only native AXL is supported for auto-staking.
Casper (CSPR) Staking on CoinList
1. What is Casper (CSPR) staking?
Casper is a layer-one blockchain built for application development and scalability. It aims to support enterprise applications without compromising cost, decentralization, or security. Casper uses a Proof-of-Stake (PoS) consensus protocol called Highway to secure the network and verify transactions. Casper rewards network participants for helping secure the blockchain through staking. CoinList will facilitate staking for users, for which CoinList takes a fee from staking rewards. Please note this fee is assessed only on the rewards earned and not your principal tokens. CoinList users who stake their CSPR receive rewards for their contributions.
2. How much are CSPR staking rewards?
You can find the most current staking reward amount on the Staking page (https://coinlist.co/staking) of your account. Please note that CoinList does not guarantee any reward will accrue, and the amount of the reward is subject to change at any time. The estimated reward takes into account CoinList’s fee.
3. How do I earn CSPR staking rewards on CoinList?
There are two ways to earn rewards while staking CSPR on CoinList.
Vault Staking (Discontinued)
Vault Staking has been discontinued for all assets.
Auto-Staking
Here all you have to do is hold your CSPR on CoinList and you will start earning rewards. Rewards for auto-staking will be distributed in the middle of the month.
4. When will I receive my CSPR staking rewards?
Your rewards will be credited to your account on a monthly basis.
5. Will my staking rewards be re-staked automatically? Do CSPR rewards compound?
Yes, CSPR staking rewards are re-staked automatically and will continue to earn rewards until you withdraw or trade the CSPR you are holding on CoinList (auto-staking). CSPR rewards compound daily, but are only distributed monthly.
6. Do I have to buy my CSPR on CoinList to earn staking rewards?
No. You may deposit CSPR into your CoinList Wallet and lock your CSPR to earn staking rewards.
7. When will I be able to withdraw my CSPR staking rewards?
You can withdraw or trade unlocked CSPR any time.
8. Who is eligible to earn CSPR staking rewards on CoinList?
With the exception of US and Canadian residents, anyone who is able to open a wallet on CoinList and deposit CSPR into their account is eligible for CSPR staking rewards on CoinList. CoinList Wallets are not available in all jurisdictions, please visit this page to see our list of approved jurisdictions.
9. What are CSPR staking rewards paid out in?
CSPR staking rewards on CoinList are paid out in CSPR. You will not earn any additional rewards in ETH or any other digital asset or token.