Cryptocurrency Q&A
How long does it take to unstake ZIL on Atomic wallet?
How long does it take to unstake ZIL on Atomic wallet?
Margherita
Fri Aug 09 2024
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6 answers
1298
Could you please elaborate on the process and estimated timeframe for unstaking ZIL tokens on the Atomic wallet? I'm curious to know if there's a specific waiting period involved or if the unstaking is immediate after initiating the action. Additionally, are there any potential fees or considerations I should be aware of before proceeding with the unstaking process?
6 answers
CryptoLegend
Sun Aug 11 2024
Furthermore, you should be aware that your deposit will be locked for an additional day after staking it. This means that you will not be able to access or unstake your deposit during this period.
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Starlight
Sun Aug 11 2024
To begin staking ZIL, you have the option to click on the designated stake button. Additionally, for those who prefer, Atomic Wallet is a viable alternative that can be used for staking purposes.
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SeoulSerenity
Sun Aug 11 2024
It's important to note that once you initiate the staking transaction, there is no turning back. This means that you cannot cancel the staking process once it has been initiated.
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CryptoPioneer
Sat Aug 10 2024
If you do decide to unstake your deposit, the process itself can take a considerable amount of time. Specifically, the unstaking process typically takes between 14 to 25 days to complete.
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emma_lewis_pilot
Sat Aug 10 2024
This extended waiting period is due to the nature of the blockchain and the way staking works. It's important to plan accordingly and ensure that you are comfortable with the timeline before initiating the staking process.
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