Bittrex Global has launched staking for all eligible Bittrex Global customers holding Cardano (ADA) tokens. ADA staking reward distribution will begin in May 2021.
Bittrex Global customers who have accepted the Bittrex Global Terms of Service will be eligible for staking rewards. If you have not accepted the Terms of Service or want to become a Bittrex Global customer, please visit global.bittrex.com and accept the Bittrex Global Terms of Service.
If you wish to opt out of ADA staking rewards, please email firstname.lastname@example.org. More details around staking rewards will be available in the coming months.
Get Started with Staking
To get started, you must first own and hold ADA tokens inside of your Bittrex Global wallet. You can purchase ADA here. Then you need to opt-in to earn rewards.
If you’re on the website:
- Navigate to the Earn Rewards tab under Holdings.
- Click Start Earning to begin earning staking rewards on the Staking Rewards page.
If you’re on the mobile app:
- Click on the More icon in the lower navigation.
- Select Staking Rewards from the Earn Rewards section and click Start Earning.
Now you’re ready to start earning and tracking your rewards on Bittrex Global!
Check out our FAQ below for additional details.
Common Questions (FAQ)
How do I find out if I am eligible for Cardano (ADA) staking?
If you’re eligible for Cardano (ADA) staking, you should have received an email in the beginning of May confirming your eligibility.
To be eligible you must fulfill the following criteria:
- Complete your Identity Verification (KYC)
- Accept the latest version of Bittrex Global’s Terms of Service
- Trade or deposit on Bittrex Global in the past 180 days
- Hold a minimum of one (1) Cardano (ADA) balance in your Bittrex Global account
If you have completed all the steps above and want to confirm your eligibility, please email us at email@example.com.
Where can I accept the Terms of Service?
Visit the Bittrex Global website and log in to your account. If you have not already accepted the Terms of Service, a pop up box will appear with instructions on how to view and accept the Terms of Service.
Do I have to trade or deposit Cardano (ADA) within 180 days or any other assets on Bittrex Global?
You can trade or deposit any asset on Bittrex Global to be eligible for the ADA staking reward. However, you must have a Cardano (ADA) balance in your Bittrex Global account.
Are there any other assets that Bittrex Global supports for staking?
No, Cardano (ADA) is the only asset available for staking. We plan to offer more staking assets as we move beyond the beta stage.
What is the staking yield (APY)?
The staking program is in its beta stages. However, we will notify you as the program develops and more features and products are added.
Is there a lock-up period to stake Cardano (ADA)?
No, Cardano (ADA) holders on Bittrex Global will receive a reward if they meet all the criteria above and maintain a Cardano (ADA) balance.
Would I be able to participate in voting?
Not at this moment, as the staking program is in its beta stages. However, we will notify you as the program develops and more features and products are added.
Is there a minimum amount of Cardano (ADA) to be eligible for staking?
Yes, Cardano (ADA) holders on Bittrex Global will receive a reward if they maintain a minimum of one (1) Cardano (ADA) and have also:
- Completed their Identity Verification (KYC)
- Accepted the latest version of Bittrex Global’s Terms of Service
- Traded or deposited on Bittrex Global in the past 180 days