On-chain Elite: Earn Every Day With On-Chain Elite
[Estimated Reading Time: 3 mins]
On-Chain Elite is Bitget’s staking service that allows users to earn daily rewards by staking their crypto assets directly on blockchain networks. With auto-compounding and flexible redemption, users can maximize their earnings while maintaining access to their assets.
This guide explains how On-Chain Elite works, its benefits, and how to start earning today.
What is On-Chain Elite?
On-Chain Elite is a staking program that enables users to earn passive income by staking their crypto directly on-chain. Unlike fixed-term staking, it operates on a daily APR model, meaning rewards are calculated daily and automatically reinvested to enhance long-term earnings.
Key Benefits
-
Flexible staking – Subscribe and redeem assets anytime.
-
Daily APR – Interest rates adjust based on network conditions.
-
Auto-compounding – Rewards are automatically reinvested to maximize profits.
-
Blockchain security – Staked assets help secure the network.
Some staking products may require a small transaction fee (e.g., staking SOL via BGSOL has a 0.1% fee). The final staked amount is determined based on the exchange rate at the time of subscription.
How to Get Started
Step 1: Access On-Chain Elite
-
On the web: Click Earn in the top navigation bar, then select On-Chain Elite.
-
On the app: Tap the user icon in the top-left corner, go to Earn, then select On-Chain Elite.
Step 2: Subscribe to Staking
1. Select the crypto asset you want to stake.
2. Review the estimated daily APR and any applicable fees.
3. Click Subscribe and enter the staking amount.
4. Agree to the terms and confirm the subscription.
Step 3: Track & Manage Staking
-
Daily rewards are automatically reinvested to increase future earnings.
-
Assets can be redeemed anytime under staking records.
Important Notes
-
Staking rewards are calculated daily based on the Daily APR at the time of staking and are automatically reinvested to maximize earnings.
-
The APR may fluctuate daily based on network conditions and validator performance.
-
There is no fixed lock-up for staking, but some assets may require a processing time before withdrawals are completed.
-
Some staking products may have a small transaction fee. For example, staking SOL via BGSOL has a 0.1% fee. Always check the terms before staking.
FAQs
1. How does On-Chain Elite calculate rewards?
Rewards are calculated daily based on the staking amount and the current APR, then automatically reinvested.
2. Can I withdraw staked assets anytime?
Yes, flexible redemption allows users to partially or fully withdraw assets at any time. Some assets may have a processing time before withdrawal is completed.
3. Will the APR stay the same?
No, APR is variable and changes daily based on network conditions and validator performance.
4. Are there any fees for staking or redemption?
Some staking products may have a small transaction fee (e.g., staking SOL via BGSOL has a 0.1% fee). Always check the terms before staking.
Join Bitget, the World's Leading Crypto Exchange and Web3 Company