Fees and other details
At Netcoins, we offer our users a simple and easy to use staking experience through our mobile app. Netcoins charges a fee in exchange for providing this service, the fee is a percentage of staking rewards earned by the user. Since Netcoins works with third party service providers to deliver the staking service (validators), they also charge a fee for providing the service.
A summary of current Netcoins fees and important staking terms for each crypto asset can be found in the table(s) below:
ETH Staking:
| Estimated Reward Rate (1) | 3.00 - 4.5% APR |
| Reward Cycle (2) | 24 Hours |
| Netcoins service Fee (3) | 30% |
| Minimum amount to stake | 0.001 ETH |
| Auto-Compounding (4) | No |
| Bonding period (5) | Log in to the mobile app to view the current bonding period |
| Unbonding period (5) | Log in to the mobile app to view the current unbonding period |
| Unstaking Availability | Yes- if your stake is active, you can unstake it at any time |
SOL Staking:
| Estimated Reward Rate (1) | 5.00 - 6.00% APY |
| Reward Cycle (2) | Every Epoch (~48 Hours) |
| Netcoins service Fee (3) | 0% (Limited Time Offer- see offer terms and conditions below) |
| Minimum amount to stake | 0.01 SOL |
| Auto-Compounding (4) | Yes |
| Bonding period (5) | Log in to the mobile app to view the current bonding period |
| Unbonding period (5) | Log in to the mobile app to view the current unbonding period |
| Unstaking Availability | Yes- if your stake is active, you can unstake it at any time |
ATOM Staking:
| Estimated Reward Rate (1) | 11.00 - 15.00% APY |
| Reward Cycle (2) | 24 Hours |
| Netcoins service Fee (3) | 0% (Limited Time Offer- see offer terms and conditions below) |
| Minimum amount to stake | 0.1 ATOM |
| Auto-Compounding (4) | Yes |
| Bonding period (5) | Log in to the mobile app to view the current bonding period |
| Unbonding period (5) | Log in to the mobile app to view the current unbonding period |
| Unstaking Availability | Yes- if your stake is active, you can unstake it at any time |
(1) This is an estimated reward rate, prior to any fees deducted by Netcoins or our 3rd party service providers. The actual reward rate you earn may vary significantly from what is stated here. Netcoins has no control or influence over the rewards paid out by the cryptocurrency network.
(2) This is an approximation. Netcoins calculates and distributes rewards every 24 hours. However, this does not guarantee that you will receive a reward every 24 hours. Certain networks may have longer periods for reward issuance and there may be interruptions or delays by service providers.
(3) Netcoins service fee is applied to the net reward distributed to Netcoins (after all applicable 3rd party service provider fees have been deducted).
Limited Time Offer: 0% Staking Fee for SOL & ATOM
Terms & Conditions
- This promotional offer is available exclusively to Netcoins customers who stake their ATOM or SOL during the promotional period.
- The offer commences on March 26, 2024, and concludes on December 31, 2024.
- Eligible customers will enjoy a 0% Netcoins fee on rewards earned from staking ATOM or SOL.
- This waiver applies only to the Netcoins fees incurred by the customer within the promotional period and excludes fees imposed by 3rd party service providers (validator, custodian etc.).
- The fee waiver is applicable to Netcoins staking fees only and does not extend to other types of transactions or fees associated with the Netcoins platform.
- Netcoins reserves the right to modify or terminate this offer at any time without prior notice, subject to applicable laws and regulations.
- Participation in this promotion constitutes acceptance of these terms and conditions.
(4) Rewards earned are automatically added to the staked balance, this means you can earn more rewards over time due to the compounding effect. For SOL, auto-compounding is native to the protocol and happens with no input from you or Netcoins. For ATOM, Netcoins manually claims rewards periodically and re-stakes it to create the auto-compounding effect.
(5) The Bonding and Unbonding periods may change at any time depending on congestion within the Network.
Below is an example of the reward payout and fee structures (example based on annual returns):
| User ETH Staked | 10 ETH |
| Gross Reward (4.75% Network Rate*) | 0.475 ETH |
| Less: Validator Fee (10%) | 0.0475 ETH |
| Net Reward distributed to Netcoins | 0.4275 ETH |
| Less: Netcoins Fee (30%) | 0.12825 ETH |
| Reward distributed to user | 0.29925 ETH |
*This is an example only, reward rates are set by the network. Rewards are not guaranteed and network reward rates can change at any time.
You can view the fees for each reward received in the “Staking Activity Details” section within the staking dashboard of your mobile app. Netcoins fees for each cryptocurrency offered through the staking service are outlined in the tables below
Bonding and Unbonding Periods
Bonding refers to the process of committing or locking up your cryptocurrency as collateral in order to participate in the network's consensus mechanism and earn rewards.
Unbonding refers to the process of withdrawing your staked cryptocurrency from the network. When you initiate an unstaking request, it goes through an exit process on-chain on the network which is referred to as unbonding. The unbonding time is variable and may take hours, days or weeks depending on the congestion in the network. You will only get full access to your crypto once this unbonding period is complete.
Netcoins provides users with estimated bonding and unbonding periods based on current Network activity and information provided to Netcoins form our service providers. Bonding and unbonding durations can change at any time. It is important to understand these lock-up periods before staking your crypto assets.