Can you please clarify for me the process of unstaking ADA? I understand that staking is a way to earn rewards by locking up your
ADA tokens in a staking pool, but I'm wondering if there's a specific process I need to follow to unstake them. Do I need to wait a certain period of time before I can withdraw my tokens? Are there any penalties or fees associated with unstaking? I'd appreciate any information you can provide to help me understand the unstaking process for ADA.
7 answers
Stefano
Sat Sep 28 2024
From the Profile screen, users should then tap on the "Staking" option. This will take them to a new page where they can view all the cryptocurrencies that are eligible for staking within the Exodus Mobile wallet.
KimchiQueen
Sat Sep 28 2024
To unstake Cardano (ADA), users must first locate the Cardano option on the staking page. Once they have found it, they can tap on it to access the staking details for their ADA holdings.
Sebastiano
Sat Sep 28 2024
On the
Cardano staking page, users will see an option to "Unstake" their ADA. By tapping on this option, they will be prompted to confirm their decision to unstake their cryptocurrency.
IncheonBeautyBloom
Sat Sep 28 2024
Exodus Mobile is a cryptocurrency wallet that offers a user-friendly interface for managing digital assets. One of the features it provides is staking, a process where users can earn rewards by locking up their cryptocurrency for a period of time.
KabukiPassion
Sat Sep 28 2024
To access the staking feature in Exodus Mobile, users first need to tap on the Profile icon located in the app's main menu. This will open up a new screen with various options related to the user's account.