Precautions for Sodacoin (SOC) deposit and use (Daily limit of 10,000 SODA)

Important notes on Soda Coin (SOC) deposit and use (Daily limit of 10,000 SODA)

For Soda Coin (SOC), a limit has been set for the daily circulation amount according to the requests of the Soda team. Distribution limit is determined by using the staking(Lock-Up) function, and only 10,000 Soda Coin (SOC) can be used per day.

Therefore, please be aware of the following when you deposit soda coin:

1. Before depositing SOC, you must complete the KYC verification.

2. All Soda Coin (SOC) deposits are deposited into your stake wallet. This can be found at the top of the wallet page.

3. Only 10,000 Soda Coins (SOC) will be available 24 hours from the time of deposit and the remaining amount will be locked up. Soda Coin (SOC) is available when you move to the staking wallet and once it is changed to the available amount.

In other words, the locked up coins in the staking wallet will be released after the lock-up time period has elapsed only after you request a release directly from the quantity that can be unstaked from the staking wallet to reflect the amount available for the wallet.

Here's an example for clarification:

For deposits of 8,000 SOC at 13 o'clock on the first deposit date and 5,000 SOC at 14 o'clock, the first 8,000 SOC can be unstaked immediately. Regarding the 5,000 SOC, only 2,000 SOC can be released while the remaining 3,000 SOC will be released after 24 hours.

If you were to deposit another 17,000 SOC:
You will be able to withdraw 7,000 SOC after 24 hours and 10,000 SOC after 48 hours.
Please refer to the details at the bottom of the staking page for information on withdrawal.

If you deposit more than 10,000 SOC
A stake of 10,000 SOC can be released per day.
For example, if you deposit 30,000 SOC at 1:00 p.m. today,
The first 10,000 SOC can be unstaked right away, an additional 10,000 SOC the next day, and the final 10,000 SOC the following day.

Thanks for your support

ProBit Exchange