Airdrops are free cryptocurrencies you get for participating in activities organised by the company issuing the coin. It is similar to giveaways but this time with a crypto reward  ..sounds juicy right?

For example, To earn airdrops from Quidax, you have to stake your QDX in the Quidax Vault. Airdrop distribution will be based on the average amount of QDX you have staked over the staking period.

NB: You need to stake at least 500 QDX to get airdrops. The rules for airdrops can change from time to time.

To learn more about the Quidax Native Token (QDX), please check here

What is the QDX Vault?

This is a Quidax feature that helps you stake your QDX. The QDX Vault gives you access to Airdrops (free cryptocurrencies that you would have had to buy on your own). All you need to do is buy QDX and stake it in the QDX Vault to earn free cryptocurrencies and other rewards.

The average amount you stake in the QDX Vault over the staking period will determine how many tokens you will receive. 

Anyone in the world can use the QDX Vault apart from US Citizens and OFAC sanctioned countries

Also, the Quidax Vault is only available on the web platform.

For more info, please watch video here

What is Staking?

Staking means to lock up a portion of your cryptocurrency for a period of time in exchange for rewards, typically in the form of additional coins or tokens.

Why should I stake my QDX?

Staking your QDX allows you to get cryptocurrencies for FREE. So instead of buying those cryptos you just have to stake QDX.

Who can Stake QDX ?

Anyone signed up on Quidax can stake their QDX.Excluding US Citizens and OFAC sanctioned countries.

NB: If you choose US or any of the OFAC sanctioned countries as your country of residence at the point of sign up, this service will not be available to you.

How Can I Stake My QDX?

Staking your QDX is like a fixed deposit. You lock an amount of your QDX for a period of time in exchange for other coins. The best thing about this is that you qualify for Airdrops when you stake your QDX.

Here’s how to go about it -

Log in to your Quidax account on the web platform.

Click on wallets.

Then click on your QDX wallet.

Please go ahead to click on the Vault icon right beside Buy/Sell.

Enter the amount of QDX you want to stake and click on “Stake QDX”.

Please note that the minimum amount to stake is 500 QDX and the higher the amount you stake, the higher reward you will receive.

Please reach out to support@Quidax.com if you have any issues with staking your QDX. An agent will respond to you within the hour.

How Can I Unstake My QDX?

The more QDX you stake and the longer you stake it for, the more airdrops you will earn but If you’d like to unstake your QDX, that’s okay. 

Here’s how to go about it -

Log in to your Quidax account on the web platform.

Click on wallets.

Then click on your QDX wallet.

Please go ahead to click on the Vault icon right beside Buy/Sell.

Enter the amount of QDX you want to stake and click on “Unstake QDX”.

For more info please watch video here

Please reach out to support@Quidax.com if you have any issues with unstaking your QDX. An agent will respond to you within the hour.