What is Locked Savings Staking?
大红闯币圈 目标1000w
Updated at: a year ago
From simple trade to staking, BitNasdaq has a simple experience for all its users. The Locked Savings staking plan on the BitNasdaq exchange platform is easy to understand and provides many different options to choose from for your staking.
First is the availability of different cryptocurrencies on the platform, where you have the option to stake from a variety of digital coins and tokens. To name a few there are BNQ, BTC, ETH, USDT, QTC, and more.The second availability is the different time durations for staking on the platform. Users can stake for 30 days, 90 days, 180 days, 360 days, 540 days. The APY earned during these days is different, the more days you stake the higher the APY. This option allows the user to make a more informed and precise decision.
These two options are absolutely important for making the staking plan more customizable for each user. The users can choose the cryptocurrency or token they want to stake, as well as for how long they want to stake it
The Staking Procedure
The staking procedure is very simple, with easy-to-understand steps and procedures.
All the user has to do is sign up on the BitNasdaq platform first, because without an account you can not stake on the platform.
Once signed up and logged in, the user has to go into the Financial section and select the Locked Saving section.
In the Locked Saving section, the user can choose from the cryptocurrency or token that they want to stake.
The next thing that the user has to select the number of days that they want to stake their cryptocurrency.
Once these two options have been chosen, the user has to enter the amount of cryptocurrency which they want to stake.
Once all the necessary information has been provided and completed, the staking will begin for the set number of days chosen.
Here note that once you start staking, the currency staked by the user will remain locked on the platform for the chosen time. The lock cannot be opened before the set number of days is over. The APY will be received at the end of the staking.