​Toncoin staking on the KuCoin crypto exchange for 12% APY Th | TON Community

​Toncoin staking on the KuCoin crypto exchange for 12% APY

There’s a new event happening in support of Toncoin’s listing on the KuCoin crypto exchange. Tomorrow, on Nov. 2, the platform will open two fixed staking offers.

Staking for 10% APY

Duration: 7 days
Maximum deposit: 50,000 Toncoin

Staking for 12% APY

Duration: 14 days
Maximum deposit: 50,000 Toncoin

Please note: The event’s duration will be limited.

If you want to participate in staking, you must subscribe within the next 24 hours before 15:59 (UTC) on Nov. 2.

After the time mentioned above, the offers will be closed.

To participate, you must:

1. Create an account on KuCoin.
2. Go to the “KuCoin Earn” section.
3. Enter the “TON” ticker in the search bar.
4. Click “Subscribe” beside the staking offer in which you’d like to participate and deposit your Toncoin.

When the 7- or 14-day staking periods end, your Toncoin will be returned to your balance with the earned interest.

We also want to bring your attention to a particular detail concerning these two offers.

At first glance, 12% APY staking over a short period doesn’t look all that attractive compared to Huobi’s 500% or OKX’s 65% APYs.

However, KuCoin’s 50,000-Toncoin deposit limit is rather large, allowing Toncoin holders to earn potentially more interest compared to the offers from OKX and Huobi.

Other details for KuCoin’s staking offers can be found on this page:
https://www.kucoin.com/news/ton-fixed-promotions-enjoy-an-apr-of-up-to-12