ID Coin Percent Lock Period Minimum Amt


What is Locked Staking?

Locked Staking is the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network.

What will happen when I'm holding Locked Staking?

We will reduce the cryptocurrency amounts which you're holding in your spot wallet.

How do I earn from Staking?

When you stake your cryptocurrencies, you can earn staking rewards. These rewards are akin to interest in a traditional savings account. The rewards are distributed for the contribution your stake makes towards validating transactions and maintaining network security.

Can I lose my staked crypto?

While staking generally doesn't pose a risk to the staked coins, some networks employ a mechanism called "slashing" where a portion of the staked coins may be taken away if the node exhibits malicious behavior or fails to stay online consistently.

What is the difference between Staking and Locked Staking?

Regular Staking usually allows you to unstake or withdraw your funds at any time, while Locked Staking requires you to hold your funds in the wallet for a fixed period of time. Locked Staking often offers higher rewards to compensate for the reduced liquidity.

How are the rewards for Staking calculated?

The staking rewards are typically calculated based on the number of coins you stake, the staking duration, and the network's annual yield rate.

What is CreedBit P2P Trading?

CreedBit Peer-to-peer (P2P) trading is a way of buying and selling cryptocurrencies where traders buy and sell directly with each other in CreedBit exchange website.

How Does CreedBit P2P Trading Work?

As mentioned earlier, CreedBit acts as an online platform or marketplace to connect buyers and sellers. When a buyer and seller agree to a trade, the platform opens an escrow to hold the crypto about to be sold. Escrow in crypto is a smart contract that holds the assets until both the buyer and seller agree that the conditions of the trade have been correctly met.

Why should you use P2P trading?

P2P trading offers the following advantages:
Wide range of trade offers
As a buyer, you can access many sellers with different exchange rates and payment methods. As a seller, you gain access to more buyers and trading deals. It's like going to an online marketplace to shop for the best trading deals. <br />

Global trading :
P2P exchange services allow you to trade crypto with people in different parts of the world in a few minutes. A buyer in London can strike a deal with a seller in New York, and in less than 5 minutes, a deal has been successfully completed. <br />

Multiple payment options :
Multiple payment options are always a benefit in the marketplace. With P2P trading, buyers can make payments through different wallets, bank accounts or even in person. It also encourages traders to make more trades without worrying about how to pay or if their available means of payment would be accepted.

Secure transactions through Escrow :
As stated before, P2P crypto exchanges use escrow services to protect buyers and sellers from fraudulent transactions. Escrow ensures that the assets held by the seller will only be given to the buyer when both persons successfully meet the transaction terms.

P2P Trading on CreedBit

At CreedBit, we understand crypto traders need various choices for trading coins and tokens. That is why we are building a P2P marketplace where buyers and sellers can come together to trade safely and securely.
With CreedBit P2P, you can access various crypto prices from different sellers. We've also made our P2P marketplace secure for buyers and sellers to eliminate fraud and scams.
The CreedBit P2P marketplace will be launched soon. To be the first to know, follow us on Twitter, Instagram and Facebook. You can also join our Telegram community for access to exclusive offers, announcements and more.

Key features of CreedBit P2P platform

You can expect the following key features from CreedBit:
User-friendly interface, a Robust security, we have good Reputation, We Support many currencies, Unlimited Payment method, low Fees and good Customer support.