Currently, the Crypto Earn Pocket is already available for Italian and Spanish residents, and residents of certain other jurisdictions as indicated in the Vivid app. We are currently setting up the expansion of our crypto services to other countries.
Step 1: Open your Crypto Earn Pocket
To start staking crypto, you first need to open a Crypto Earn Pocket in the app:
You can find the new pocket type “Crypto Earn” by tapping on the “Create a new pocket” button.
Accept the Terms & Conditions for staking, which contain all the relevant pre-contractual information and allow Vivid Digital S.r.l. to stake your selected crypto assets on your behalf. We ask you to familiarise yourself with the risks before starting to use the product here here What are the risk of staking crypto?
Step 2: Start Staking
Choose a coin to stake: After funding your Crypto Earn Pocket:
You can find the list of supported crypto assets available for staking inside your Crypto Earn Pocket.
Choose the crypto asset you want to stake and make your purchase (the minimum purchase amount is EUR 1 per asset). Note that a fixed fee of 0.5% is applied each time you buy or sell. Learn more about trading fees here Are there any costs associated with Crypto Earn?
Your crypto will begin earning rewards starting from the following day. Read about how rewards are calculated and paid out here How are rewards calculated and paid out?