How to sell ADA from a stake pool

Hi, I’m in the process of delegating my ADA to a stake pool.
After I’ve done it, how can I sell my ADA?

I suppose I need to take them out from the pool, then transfer them to some exchange and sell them, is it correct?
I think Coinbase works just fine, but I’m not sure if the escrow or other protections are in place.

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the process to sell your ADA is.
from your wallet you need to send them on Crypto Exchanger, who provides you CArdano wallet Address.
then you hold your ADA on your account on this Exchanger, and then you can sell them.

Thomas.
Operator for TTS17 Pool

PS
if you hold them on Yoroi, you need to withdraw your Rewards to your wallet, before you send them on Exchanger

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Yes you can send your ADA from your wallet to exchange if you want to sell it. In Cardano, what you stake is your wallet. Is not like in Polkadot, where you stake certain amount of ADA. And to unstake takes about 28 days.

So in Cardano, if you have 100 ADA and stake your wallet, you can send 20 ADA out of the wallet to exchange if you want to sell. No time limit.

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When u delegate … ur ADA will not leave the wallet… u will have full control of ur funds at any hour! When u will want to not delegate anymore don’t forget to deregister also the key to get back 2 ADA which u paid for delegation process … and remember u will still receive rewards for 2 epochs after u undelegated/deregistered the wallet

Cheers,

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Thanks all.
I’m not familiar with epochs, it is once per year?

How do I take back the expenses to have joined a stake pool?

I hope is the last one :smiley: , can I add more ADA to my wallet after I already joined a stake pool? As you said, my entire wallet is on the pool.

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Hello,

1 epoch = 5 days and rewards are paid epochly

How do I take back the expenses to have joined a stake pool?

When u delegate the wallet u will pay :

  • 2 ADA for registering the wallet (u will receive them back when u will undelegate)
  • transaction fee
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In Yoroi, you can unstake your wallet by removing the stake key. You will then get the deposit (2 ADA) if I am not wrong.

@Alexd1985 could explain it better than me :smile:

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I hope is the last one :smiley: , can I add more ADA to my wallet after I already joined a stake pool? As you said, my entire wallet is on the pool, does it auto update in the pool?

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I use Daedalus, thanks for the quick support anyway :slight_smile:

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Exactly… u are delegating the wallet not the funds from the wallet so if ADA will be added or removed from the wallet… the delegation balance will be autoupdated at the next snapshot…

Between the snapshots u can do everything u want with the funds… but the funds should be in the wallet when the snapshot is performed

Also be aware that the rewards are delayed by 2 epochs

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When you say I’m delegating the wallet to the pool, if I need to restore the wallet from seeds, will it make any difference?
I don’t think so, considering that it’s an offline process, it doesn’t have something to do with the blockchain itself.

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If u will delegate, nothing will be changed regarding ur wallet or funds from the wallet…

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Do not rush into deregistering your staking keys when stopping delegation. You are still due to receive rewards for 2 epochs. These will go bust if you do not possess those keys.

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Thanks a lot.
For my record, it seems that it’s convenient, if not mandatory, to have different wallets if you use different pools, is that right?
So, one wallet for each pool.
I’m not planning to have many pools as it seems less handy, but it’s good to know.

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For the moment (but soon it will be release) multidelegation is not implemented so yes, one wallet one pool!

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I just want to say what a fantastic job the ADA community do in answering people’s questions. I purchased some Elrond I tried to ask some questions about staking. “look it up” was one of the answers. There were some who tried but the information I got back was not completely accurate and it just felt nothing like the support the Cardano community have.

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I was reading again the thread, but I couldn’t find the following, where can I get my staking keys if I undelegate the wallet??

what do you want to do with the keys?
If u undelegate or more precisely deregister your wallet, you will need to create another wallet and move the funds in order to redelegate again

check your wallet address on cardanoscan.io and u will see the staking key for your address

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I meant if I undelegate the wallet from the stake pool, I still want to keep the wallet if possible.

U can keep the wallet, I think also u can redelgate from this wallet

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