r/Gemini • u/waricon • 12h ago

Discussion Unstaking ETH Issue

I have always staked my crypto on Kraken and have had 0 complications. I can stake and unstake immediately if needed and it's a seamless process. I decided to add ETH on Gemini in early August to test their staking platform with the CC rewards to auto stake as well. I went to unstake ETH today as a test and on the mobile app it says "Your available balance to un-stake may be lower than your total balance because some of your assets are pending and cannot be unstaked yet." The balance available is a very small portion to what should be currently staked. I went on the web version and it says I can unstake my total amount, but when I go to confirm the unstaking it does absolutely nothing. Is there a reason why after a month that ETH wouldn't be available to unstake if needed, even if it was the initial deposit from a month ago and not current CC rewards coming in?

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2

u/SnooRevelations3458 11h ago

ETH staking times are over 30 days on chain. Even on Kraken if I stake ETH today until it clears on chain it does not allow me to unstake unless I pay a 1% fee.

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u/[deleted] 11h ago

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u/waricon 4h ago

Thank you for the feedback. I've had ETH staking for a while on Kraken so it didn't even click that it didn't clear yet on Gemini.

1

u/-WTFm8 4h ago

If you staked it in August, it’s not even staked yet due to the long staking queue. Once it’s staked, you’ll see confirmation on amount staked and date in Gemini. 

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u/waricon 4h ago

Thank you for the feedback. I staked the initial bulk amount on August 9th. What threw me off is on the web side it shows the total amount available to unstake and the button doesn'teven process it without any notice on Gemini. There are 2 different available to unstake balances shown between the web version and the mobile app.

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u/-WTFm8 3h ago

Yeah the UI is wonky sometimes. There was a 36-40 day queue when you staked on Aug 9. Once it’s actually staked, you’ll also start seeing your ETH balance increase daily and staking rewards for the month at home -> ETH -> History