What Is BTC Staking on Gate?
Gate’s On-Chain Earn (Staking) platform now supports BTC staking. It offers users a simple, efficient way to put their Bitcoin to work. Users can earn daily staking rewards. By staking BTC, users receive an equivalent amount of GTBTC and immediately start generating yield.
Product Snapshot
- Total BTC Staked: 1,400 BTC
- Estimated Annual Yield: 3%
- Exchange Rate: 1 BTC = 1 GTBTC
How Can You Participate in BTC Staking?
Getting started with BTC staking on Gate is as easy as three simple steps:
1. Stake BTC to Receive GTBTC
Users can stake BTC at a 1:1 ratio—deposit 1 BTC and get 1 GTBTC in return.
2. Earn Daily Staking Rewards Automatically
As long as users hold GTBTC, they automatically accrue daily staking rewards. These rewards are credited in GTBTC straight to the user’s account.
3. Redeem BTC Anytime
Users can instantly convert GTBTC back to BTC at a 1:1 rate at any time. We credit funds to the user’s account without delay. This ensures maximum flexibility and convenience.
Start your BTC staking journey with Gate and begin earning on-chain staking rewards today: https://www.gate.com/staking/BTC
Why Choose BTC Staking?
Gate’s BTC staking solution stands out for several key reasons:
- Low minimum investment: Start staking with as little as 0.001 BTC, allowing users of all experience levels to participate.
- Seamless flexibility: Stake and redeem instantly with no lock-up period. This is ideal for dynamic investment strategies.
- Daily automated payouts: GTBTC rewards are credited to user accounts every day, providing transparent and liquid access to funds.
- 100% reserve protection: Gate operates on a full-reserve system to guarantee the safety of every user’s assets.
How Are Returns Calculated?
When users stake BTC, rewards are distributed in GTBTC. The yield is calculated with the following formula:
- GTBTC payout = (GTBTC holding × daily annualized rate / 365) × (1 - service fee)
The reference annualized rate is provided by BsquaredNetwork and is based on the total blockchain rewards earned by all Gate validators. This rate is refreshed daily according to current market conditions.
Staking and Payout Timing
- When do rewards start accumulating?
If users stake on day D, rewards begin accruing on D+1 and are distributed daily by the system. - When can users redeem their rewards?
Users can redeem GTBTC rewards at any time. We credit BTC to the account instantly. No waiting is required.
Conclusion
Gate’s BTC staking product offers a flexible, transparent, and accessible solution. Gate’s BTC staking platform offers stable returns for both long-term holders and short-term arbitrage traders.
