Hey guys, I staked CTSI for 30 days and have

Question

Hey guys, I staked CTSI for 30 days and have

been earning some interest. If I redeem it, will I lose all my interest? People have been saying that I will lose all my interest but the interest is added in my spot wallet. I am able to sell those. Can you please confirm?

#binance #crypto-exchange #cryptocurrency #english

0

04.11.2021

10 ответов

22 просмотра

AJ Автор вопроса

Guys, can anyone help me with this?

0

04.11.2021

AJ Автор вопроса

Illia Slipchenko
I'm not sure about CTSI but with SOL it subtracted...

ohh so you lose all the interest basically

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04.11.2021

Subash Sundharan

For locked staking you'll lose all Intrest earned if you redeem before the due date...

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04.11.2021

Hafiz

Subash Sundharan
For locked staking you'll lose all Intrest earned ...

No it won't, bro

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04.11.2021

Hafiz

In my case, it was different. I got the interest amount and it wasn't deducted after redeeming

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04.11.2021

Subash Sundharan

Hafiz
In my case, it was different. I got the interest a...

From 0:00 AM (UTC) on the day after Locked Staking is confirmed to the end of the corresponding product period, the staking interest is distributed on a daily basis. Also, users can choose to redeem in advance. After choosing early redemption, the principal will be returned to the spot account, and the distributed interest will be deducted from the refunded principal. Due to different global time zones, it takes 48-72 hours to receive the tokens. This is from Binance article

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04.11.2021

Hafiz

Subash Sundharan
From 0:00 AM (UTC) on the day after Locked Staking...

Okay bro, may be I am wrong. Thanks BTW

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04.11.2021

Subash Sundharan

Hafiz
Okay bro, may be I am wrong. Thanks BTW

👍

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04.11.2021