Cryptocurrency Q&A
How to unlock staked ETH?
How to unlock staked ETH?
DongdaemunTrendsetterStyle
Sun Jul 28 2024
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7 answers
1662
How do I go about unlocking my staked ETH? I understand that staking is a way to earn rewards by locking up my ETH for a period of time, but I'm now interested in accessing my funds. Can you guide me through the process of unlocking my staked ETH? Are there any specific steps I need to follow, or any potential fees or penalties I should be aware of? I'd appreciate any detailed information you can provide on this topic.
7 answers
Paolo
Tue Jul 30 2024
Finally, select the "Unstake" option at the bottom of the page. This will initiate the unstaking process, which typically takes a few days to complete. During this time, your ETH will remain locked, but you'll be able to monitor the progress of the unstaking process through the Wealthsimple mobile app.
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Raffaele
Tue Jul 30 2024
From the Home tab, locate and select your Crypto account. This dedicated section within the app is where you can manage your cryptocurrency holdings, including ETH.
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SakuraSpiritual
Tue Jul 30 2024
Within your Crypto account, scroll down to the Staking Rewards section. Here, you'll find a detailed overview of your staked assets and the rewards earned from them.
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CryptoWarrior
Tue Jul 30 2024
To proceed with unstaking your ETH, select the ETH rewards section. This will display the current status of your ETH staking and provide you with the necessary options to manage it.
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SamuraiCourageous
Tue Jul 30 2024
To unstake your ETH, the first step involves logging into the Wealthsimple mobile app. This secure platform allows you to manage your cryptocurrency investments with ease.
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