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Can I withdraw my staking rewards on FTX immediately or is there a lock-up period?

avatarNIGAMPATEL498Dec 24, 2021 · 3 years ago3 answers

Is there a lock-up period for withdrawing staking rewards on FTX, or can I withdraw them immediately?

Can I withdraw my staking rewards on FTX immediately or is there a lock-up period?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Yes, there is a lock-up period for withdrawing staking rewards on FTX. The lock-up period varies depending on the specific staking program you are participating in. Some programs may have a lock-up period of a few days, while others may have a lock-up period of several weeks or even months. It's important to carefully review the terms and conditions of the staking program to understand the lock-up period before participating.
  • avatarDec 24, 2021 · 3 years ago
    No, you can withdraw your staking rewards immediately on FTX. Unlike some other platforms, FTX does not impose a lock-up period for staking rewards. This means that once you have earned staking rewards, you are free to withdraw them at any time.
  • avatarDec 24, 2021 · 3 years ago
    FTX offers a variety of staking programs with different lock-up periods. Some programs may require you to lock up your staking rewards for a certain period of time before you can withdraw them, while others may allow you to withdraw them immediately. It's important to check the specific terms and conditions of the staking program you are interested in to determine if there is a lock-up period.