Target audience: ✓ Individual members | ✓ Corporate member

① Access Upbit, log in, and click ‘Staking.’

• Available on PC web and mobile app/web.
  * PC Web: [Access Upbit homepage] - [More services] - [Staking]
  * Mobile App: [Upbit app login] - [View more or deposit/withdrawal] - [Staking]
  * Mobile web: [Access to Upbit homepage] - [Select ☰ in the top right corner] - [Staking]

② You can check the total amount staked to date, rewards, and even staking applications at a glance.

• Upbit supports staking of various digital assets. [Application for staking]You can stake any asset you want.

③ You can check various information through the staking application page.

• You can select a digital asset that can be staked, input the desired amount, and check the amount of compensation you can receive per year.

• You can check the staking waiting period, expected completion time, and first reward payment date.

  *The estimated staking completion time is for reference only and may change depending on circumstances such as a surge in queue demand on the network.

• When applying for staking, identity verification (password/biometric authentication) is required, so please prepare a mobile phone logged in to Upbit in advance.
• You can check the annual compensation rate trend of assets supported by the staking service through a chart.

• If you are curious about the staking details you have applied for so far, please select ‘Holdings Status’ in the upper right corner.

  * To use the staking service, you must agree to the terms and conditions and precautions.

④ Wait! Please check the staking amount you applied for before proceeding with identity verification.

• The amount once applied cannot be canceled, so please check the staking waiting period, expected completion time, and expected reward payment time.

⑤ Staking application and details can be checked in ‘Staking Status’.

• You can check the staking status, pending staking, staking/unstaking, and compensation details.
• You can also check the staking waiting list on the staking main page.
  * PC Web: [Upbit homepage] - [Staking] - [Recent history or bottom right*]
  * Up to 10 items are displayed at the bottom right, only if there are pending details.
  * Mobile App: [Upbit App] - [More or Deposit/Withdrawal] - [Staking] - [Staking Total Rating] - [Wait or History]

⑥ You can check the status of your staking through ‘Staking Details’.

• Total staking quantity: staking quantity + staking waiting + unstaking waiting
• Staking quantity (based on reward): Staking quantity + Reward quantity - Unstaking quantity
  (* Pending assets do not receive compensation.)
• Waiting for staking: This is the amount waiting in the network until compensation occurs after applying for staking.
• Waiting for unstaking: This is the amount that is waiting in the network after applying for unstaking, and is scheduled to be deposited into exchange holding assets when unstaking is completed.
• Current average price: The current average price at the time of staking application is calculated based on the average purchase price of the quantity held at the time of application. If staking compensation occurs, it is reflected as 0 USDT, lowering the current average price.
  (When unstaking, there is no change in the current average price.)
• Rate of return: The rate of return is calculated by comparing the average purchase price at the time of application and the current average purchase price.
• Cumulative compensation: The sum of the total amount of compensation received from past to present.

⑦ Today’s reward! Know the rewards earned through staking assets.

• Upon completion of staking, we will tally up the rewards generated on the network for 24 hours starting at 9 AM and distribute the tallied rewards after deducting fees.
• The amount of compensation paid on the day will be updated during the morning and can be checked until 9 a.m. the next day.
• The staking rewards paid are USDT conversion estimates and are for reference only.
• The reward cycle varies depending on the blockchain network, and detailed information can be found on the staking application details page.

Please be sure to know before using!

Q. Are staked assets safe?

A. digital assets according to the user's request. Staking with a validator directly operated by UpbitBy doing so, we are contributing to improving the security of each blockchain network, and we do not arbitrarily manage the digital assets or entrust them to external companies.
To prevent risks from various accidents such as hacking, users' digital assets are safely stored in a cold wallet.I'm doing it.
Cold wallets are safe from hacking because they are not connected to the internet.

Q. How does staking work?

A. Staking [Application and waiting] > [Complete] > [Reward] It progresses through stages.

1. Wait after applying for staking
This is the step to apply for staking of the exchange’s assets.
Enter the desired amount on the staking application page and verify it to proceed with the application.
Cancellation is not possible upon completion of verification, and staking operations on the network, such as deposits and withdrawals, will proceed upon completion of the staking application.

2. Staking completed
Staking is activated on the network, staking is completed, and rewards are generated.
You can apply for unstaking from the time staking is completed.

3. Compensation
Rewards are aggregated and distributed based on ‘staking quantity’, and these rewards are distributed in the form of additions to the user’s ‘staking quantity’.

※ Compensation policies vary for each network, so please check the precautions for each staking digital asset.

Q. How is the reward amount paid?

A. Once staking is completed, Upbit tallies the rewards generated from the network for 24 hours starting from 9 AM every day in Korean time and distributes the rewards after deducting a 10% commission.
The reward amount is aggregated and distributed based on the ‘staking quantity’., these rewards are distributed in the form of additions to the user’s ‘staking quantity’. The earned rewards are staked again on the network.

• Reward cycles vary by blockchain network. For further details, please refer to the detailed page for each digital asset when applying for staking.
  • ETH, ATOM, POL, CRO: daily payment
  • ADA: Paid at 1 Epoch (5 day) intervals
  • SOL: Paid at 1 Epoch (approximately 2 days) intervals
    *The reward quantity or distribution schedule may change depending on the blockchain network situation, and the distribution schedule may be delayed depending on the company's security and technical conditions, etc.

Q. What is unstaking?

A. Unstaking means stopping staking on the blockchain network.
Unstaking requires an unstaking waiting period according to each blockchain network policy.
When unstaking is completed, you can check it in your holdings on the exchange.

→ Go to staking frequently asked questions >