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Is it possible to stake Enjin Coin and still have control over my funds?

avatarstromy kibaNov 26, 2021 · 3 years ago3 answers

I'm interested in staking Enjin Coin, but I also want to make sure that I have full control over my funds. Is it possible to stake Enjin Coin and still have the ability to access and manage my funds whenever I want?

Is it possible to stake Enjin Coin and still have control over my funds?
Enjin Coin
Staking
Cryptocurrency

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Absolutely! When you stake Enjin Coin, you delegate your coins to a validator node, but you still retain full control over your funds. Staking allows you to earn rewards while keeping your funds secure in your own wallet. You can unstake your coins at any time and have immediate access to them.
  • avatarNov 26, 2021 · 3 years ago
    Yes, you can stake Enjin Coin and maintain control over your funds. Staking involves locking up your coins in a smart contract, but you still have the ability to withdraw your funds whenever you want. It's a great way to earn passive income while having the flexibility to manage your funds as you see fit.
  • avatarNov 26, 2021 · 3 years ago
    Definitely! BYDFi offers Enjin Coin staking with full control over your funds. When you stake your coins, you retain ownership and control, and you can withdraw your funds at any time. Staking with BYDFi provides a secure and convenient way to earn rewards while maintaining control over your Enjin Coin holdings.

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