What are the risks of staking with Qovex?

Staking and Lending is not available in the US, UK, Singapore, Japan and Canada.

If you don't participate in staking with Qovex, you will not be exposed to risks associated with staking. If you use our Crypto Staking services, it’s important to be aware that staking is not risk-free.

Staked assets could potentially face protocol and slashing risks, leading to loss of assets and rewards due to errors in smart contracts, misbehavior of validators, or mistakes during block production. Staking risks and rewards depend largely on the underlying PoS protocol as Qovex has no discretion over how rewards are generated. Qovex merely passes the crypto rewards to you, minus a fee.

In staking, assets may be locked in until they are unstaked, and the process of unstaking assets may not be immediate. This means that your funds may not be liquid, and they cannot be moved or sold in case of volatility or to take advantage of another opportunity. The unstaking periods depend on the underlying protocol. Qovex does not impose any lock-up periods on your assets.

For more information on risks related to the Qovex staking services, please refer to our terms of use.

If you reside in the US or any of its territories, check our Staking Terms for US.

If you reside outside of the US, check our general Staking Terms .

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