1. What is CoinEx Mining?
By locking one or more specified cryptos into CoinEx Mining, you can earn new coins or other trending assets as additional rewards. Also, the assets for mining are not actually locked and can be withdrawn at any time, allowing for flexible asset management while earning extra rewards.
2. Who can join mining?
You can join mining if you have completed the primary verification and are not flagged by the platform's risk control.
3. How are the locked funds stored during mining?
When the user locks assets, these assets will be temporarily frozen in the spot account, and when the user removes assets, these assets in the spot account will be automatically unfrozen. At the end of the event, the assets not removed by the user will be automatically unfrozen and available in the spot account.
4. How are mining rewards calculated?
CoinEx calculates mining rewards hourly, based on the proportion of your locked assets to the total assets locked by all users. You can lock assets before the mining starts, and rewards will be automatically settled at the start of each hour after the mining begins. Locked assets can be removed anytime, but the removed assets will no longer generate mining rewards.
5. How are mining rewards distributed?
CoinEx will complete the settlement 1 hour after the mining project ends and distribute the reward to the spot account.
