Unstake BNB — Ankr (2024)

Liquid Staking

Binance

Unstake

Unstake options

You have two options when unstaking:

  1. Standard unstake — up to 7–15 days before you receive your funds, but no commission or limits.
  2. Flash unstake — instant release of your funds, 0.5% commission, and unstake limits dictated by the current capacity of the flash-unstake pool.

Standard unstake

Standard unstake can take up to 7–15 days until your funds are released to your wallet.

This is because of the BNB Chain restriction, where the processing time of an unstaking transaction is 7 days.

  1. Because of this restriction, Ankr has to accumulate all unstaking transactions from users in a pool.
  2. Once every 24 hours, Ankr checks any of the 5 available validators are free, i.e. are not processing a pending unstaking transaction.
  3. When such validator is found, Ankr sends it an unstaking transaction with the amount equal to the aggregate of all the user transaction since the last Ankr unstaking transaction.
  4. This Ankr transaction takes 7 days to be processes, which is the BNB Chain unbond time period.
  5. After the unbond time period ends, Ankr receives the unstaked funds and redistributes them to the users.

Flash unstake

Flash unstake uses a pool to swap your Liquid Staking tokens for your original assets, which means instant release of your funds.

While it offers instant release of your funds, it poses a few limitations:

  1. You have to pay a technical service fee for a flash unstake — 0.5% of the unstaked amount.
  2. Your unstake is limited by the current capacity of the flash-unstake pool. If you exceed it, the interface switches to the standard unstake with its regular release time.

Unstaking large amounts

Large amounts may be split when unstaked:

  • With the flash unstake, the pool's capacity may not be sufficiently large at the moment of your unstake, and you'll be switched to the standard unstake interface.
  • With standard unstake, it may be split into several parts, but all the parts that constitute the unstaked amount will be released to your account within the 7–15 days period.

Unstake BNB

Ensure you have a small amount of BNB to pay the Binance gas fee for your unstaking transaction.
>The minimum amount to unstake is 0.1 BNB.

Flash unstake

For a flash unstake, you will pay a technical service — 0.5% of the unstaked amount.

  1. Open Ankr Staking Dashboard (opens in a new tab).
  2. Locate the ankrBNB box and click the - icon to unstake.Unstake BNB — Ankr (1)
  3. Choose Standard unstake, enter the desired amount, and click Approve to allow Ankr Staking smart contracts to access this amount.Unstake BNB — Ankr (2)
  4. Confirm the amount or set another apending cap for this and future interactions with Ankr's BNB Liquid Staking contracts. Then click Next.Unstake BNB — Ankr (3)
  5. Confirm your approval by clicking Approve.Unstake BNB — Ankr (4)
  6. Click Unstake to unstake the desired amount.Unstake BNB — Ankr (5)
  7. Confirm the unstaking transaction in MetaMask.Unstake BNB — Ankr (6)
  8. On the next Unstake in progress page, click Go to dashboard.Unstake BNB — Ankr (7)

Once transaction is confirmed, Ankr Staking Dashboard updates to show Unstaking in progress at the token box.
You'll receive your BNB shortly, without waiting the standard unbond time; given that your amount fits the current flash unstake pool capacity.

Standard unstake

  1. Open Ankr Staking Dashboard (opens in a new tab).
  2. Locate the ankrBNB box and click the - icon to unstake.Unstake BNB — Ankr (8)
  3. Choose Standard unstake, enter the desired amount, and click Approve to allow Ankr Staking smart contracts to access this amount.Unstake BNB — Ankr (9)
  4. Confirm your approval in MetaMask.Unstake BNB — Ankr (10)
  5. Click Unstake to unstake the desired amount.Unstake BNB — Ankr (11)
  6. Confirm the unstaking transaction in MetaMask.Unstake BNB — Ankr (12)
  7. On the next Unstake in progress page, click Go to dashboard.Unstake BNB — Ankr (13)

Once transaction is confirmed, Ankr Staking Dashboard updates to show Unstaking in progress at the token box.

Unstake BNB — Ankr (2024)

FAQs

How to unstake from ankr? ›

Open Ankr Staking Dashboard (opens in a new tab). Locate the ankrETH (ex-aETHc) box and click the - icon to unstake. Choose Standard unstake, enter the desired amount, and click Approve to allow Ankr Staking smart contracts to access this amount.

How long does it take to unstake ankr? ›

How long does it take to unstake my ANKR? The unstaking process takes two steps: Undelegate period that lasts one next epoch, which is one next week after your unstaking operation. So, it can taken take 7–14 days, e.g. 14 days if you unstake on Monday, 13 — on Tuesday, and so on.

What is the Unstake period for BNB? ›

Standard unstake can take up to 7–15 days until your funds are released to your wallet. This is because of the BNB Chain restriction, where the processing time of an unstaking transaction is 7 days.

How long does it take to Unstake on Binance? ›

Please note that users must wait for both the processing time of up to 3 business days (see below) and the bonding or unbonding period when requesting to stake or unstake.

How long does it take to Unstake a coin? ›

Unstaking takes time

You can ask us to unstake at any time, but the process can take from a few hours to a few weeks, depending on the asset.

What happens if you Unstake? ›

Staking is a way to earn rewards (cryptocurrency) while helping strengthen the security of the blockchain network. You can unstake your crypto at any time, and your crypto is always yours. You can stake from your Coinbase primary balance. Business accounts and funds stored in a vault aren't eligible for rewards.

Why would you unstake crypto? ›

Your coins are still in your possession when you stake them. You're essentially putting those staked coins to work, and you're free to unstake them later if you want to trade them. The unstaking process may not be immediate; with some cryptocurrencies, you're required to stake coins for a minimum amount of time.

When can I Unstake tokens I've staked? ›

Your staked tokens can be unstaked anytime. They will be automatically credited to your Funding Account immediately once unstaked. To unstake, please head to the staking records on the Launchpool page.

How do I Unstake my crypto? ›

To unstake your crypto in the app, please follow the steps below:
  1. Press the “Stake” tab on the app.
  2. Select the crypto you would like to unstake and click “Unstake”.
  3. Enter the amount of crypto you would like to Unstake and click “Continue”.
  4. Review the confirmation page and press “Confirm"

Can BNB be withdrawn? ›

To withdraw your BNB from Trust Wallet you will have to provide the right private key associated to your Trust Wallet .. because its the only safe way to withdraw your money from trust wallet.. On trust wallet, you have a secure access key 'seed phrase' to ensure maximum security of your crypto assets.

What is the staking period for BNB? ›

Locked staking is staking that requires you to commit to a certain amount of time in which you'll keep your tokens staked, while flexible staking does not. In general, though, the typical time commitments required for staking BNB can include: 7 days. 15 days.

What is the 90 day rule for air bnb? ›

Airbnb doesn't allow properties to be rented out for more than 90 nights per year. If your limit for bookings is reached, Airbnb will automatically close your property until the end of the calendar year. In addition to 90 consecutive days, the 90-day limit also applies to 90 days spread throughout the year.

What is the unstaking period? ›

It is a process of returning to the basic state with fluidity from the staking state assigned to the CPU and network resources, and it takes three days (72 hours) to reach the basic state.

What is the unbonding period of staking? ›

Unbonding periods, also known as cool-down periods, are the amount of time it takes to unstake your staked assets. During the unbonding period, assets are not staked but are also not available for trading until the assets have completed unbonding.

How long does it take to deactivate staking? ›

1 Answer. When you deactivate stake, it takes until the start of the next epoch for it to be deactivated. Epochs usually last a little over 2 days. The next epoch will finalize in less than 4 hours, and that's when your stake will be available for withdrawal.

How do you Unstake? ›

To unstake your crypto in the app, please follow the steps below:
  1. Press the “Stake” tab on the app.
  2. Select the crypto you would like to unstake and click “Unstake”.
  3. Enter the amount of crypto you would like to Unstake and click “Continue”.
  4. Review the confirmation page and press “Confirm"

Is it possible to unstake crypto? ›

Cancelling staking

Go to 'Crypto' on the bottom menu. Select the token you want to stop staking. Tap 'Unstake' Specify the amount you want to unstake and tap 'Confirm'

How to unstake LP tokens? ›

Unstaking LP Tokens​

To unstake LP tokens from the Generator contract, you need to execute a contract message pointing to the withdraw endpoing in the Generator contract. withdraw takes in the address lp_token you want to withdraw and an amount to withdraw.

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