StakeNow Tezos Staking in English

FAQ

We have summarized the most frequently asked questions for you. If you have further questions, please contact us so that we can publish them here.

Q: Where can I buy Tezos (XTZ)
A: We would recommend a trustworthy exchange like Kraken, Coinbase or Binance.

Q: What is the best option to store my Tezos (XTZ)?
A: We would highly recommend a certified hardware wallet.

Q: Is there a GUI wallet which I can use with my certified hardware wallet?
A: Yes, we would recommend Kukai, Galleon, Magma, Ledger Live, or SimpleStaking. Make sure to always check the correct address in your browser to avoid phishing attacks.

Q: Does StakeNow have control over my Tezos (XTZ) or my private key?
A: No, at no point do we have control over your Tezos (XTZ) or your private keys. With your delegation, you yourself make use of the (validation/voting) rights derived from the Tezos (XTZ) and set StakeNow as the beneficiary.

Q: Do you vote on Tezos protocol amendments?
A: Due to regulatory reasons, we will abstain from voting on Tezos protocol amendments with delegations to StakeNow. We act as a neutral body in the network, which does not influence the outcome of votes.

Q: How will I be informed when I receive a reward?
A: You can check with a blockchain explorer like tzStats or tzkt. You can also set up a Telegram notification bot.

Q: How can I check your payout accuracy?
A: You can check our payout accuracy at Baking Bad.

Q: Is there a minimum or maximum delegation amount?
A: Yes, but only a maximum delegation amount. The minimum delegation amount is 0 XTZ and the maximum is our available capacity. Please make sure to check our Terms and Conditions before delegating to us.

Q: Do you pay taxes?
A: Yes, we pay 19% VAT on our delegation fees.

Q: Do I have to pay taxes?
A: Probably! You are solely responsible for paying any taxes or fees that may be payable on its share of the reward. You can use our Dashboard to create a Blockpit compatible CSV. Furthermore, you can use StakeNow Reports and directly create a PDF Report!

Q: Which client do you use?
A: You can find the client which we are currently using on Tezos Gitlab Repository. The current commit hash is 6102c808a21b32e732ab9bb1825761cd056f3e86.