Earn Rewards by staking coins and fiat
Staking is a great way to maximize your holdings in staking coins and fiat that would otherwise be sitting in your wallet. Once you have staked your assets you can earn staking rewards on top of your holdings and grow them further by compounding those future rewards.
Get staking assets
Buy or fund your FreedomEx account with one of the assets that are eligible for staking below.
Select an asset to stake
Choose from the available assets in your spot wallet.
You will receive rewards twice a week from your staked assets.
What are staking rewards?
You can earn rewards when you stake cryptocurrencies and fiat for a period of time as an incentive to acquire and hold onto staking assets. Some staking coins may require a bonding period. To earn staking rewards, simply select the asset you wish to stake and once it has finished bonding, it will be ready to start staking and earning rewards twice a week from the Proof of Stake process.
What is Proof of Stake?
Popular coins like Bitcoin are proof of work, meaning they’re generated by using machines competing to solve complex equations to “mine” coins and digital assets. Proof of Stake works differently by choosing from a pool of people holding the Proof of Stake coin. A Proof of Stake “validator node” can be added to the pool by staking coins for a certain period of time, giving Proof of Stake validators a source of income without needing powerful mining hardware.
Staking coins & cryptocurrencies
These are the types of coins and fiat currencies that you can earn rewards on through FreedomEx staking service. For example, staking coins such as Cardano (ADA), Steem (STEEM) and Hive (HIVE) can be purchased on FreedomEx and staked to earn rewards.
On-chain and Off-chain staking
On-Chain staking allows you to stake your assets with blockchain Proof of Stake protocols, while Off-Chain staking allows you to stake your assets with the FreedomEx Margin Pools. Off-chain staking is available for eligible countries only.