1. Open AscendEX App and then click on [Staking].

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2. On the [All Staking] page, you can either search the token you want to stake or find it in the list below. Take SWINGBY as an example.

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3. On the SWINGBY Staking page:

A. Activate [Compound Mode] to enable auto-redelegation of staking rewards for maximized return. You can choose to activate or deactivate [Compound Mode] at your discretion.

B. Enter a delegation amount. Please note that there is a minimum delegation amount for each supported token. The delegation amount must be higher or equal to the minimum amount.

C. If you currently don't hold any SWINGBY tokens, click on [Buy SWINGBY] to purchase some on the Cash Trading page. Skip the next step if you already have SWINGBY tokens in your account.

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Note :

Introduced by AscendEX, "Compound Mode" is an innovative feature that automatically redelegates the user's staking reward once it is distributed, thus compounding the returns.

 

4. On the SWINGBY/USDT cash trading page, you can purchase SWINGBY tokens by placing a Limit Order or Market order.

A. Click on Limit/Market.

B. Enter a price (not applicable for market orders) and size.

C. Click on [Buy SWINGBY].

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5. Go back to the SWINGBY Staking page and click on [Delegate Now] to continue staking.

 

6. Enter a delegation amount, check the AscendEX Staking Agreement box and click on [Delegate Now] to complete.

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7. Staking details can be viewed under [My Staking].

 

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Note:

Users can unstake any time after delegation. For further details, please refer to How to Unstake and Stop Staking [App].