If you need to convert your pAleo (staked Aleo) to Aleo, this guide will walk you through the process and provide important warnings to help you avoid losing your assets.
Steps to Convert pAleo to Aleo
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Visit Staking.xyz
Go to staking.xyz, the platform where you can manage your pAleo and Aleo tokens. -
Connect Your Wallet
Once you're on the site, connect your cryptocurrency wallet to the platform. Make sure you are connecting the wallet that holds your pAleo tokens. -
Unstake Your pAleo
Navigate to the section of the platform that handles staking and unstaking. Select your pAleo tokens and initiate the unstaking process to convert them back to Aleo.
Note: The unstaking process might take some time, depending on network conditions and platform rules. -
Receive Your Aleo
After the unstaking process is completed, the equivalent amount of Aleo will be available in your connected wallet.
Important Warning: Do NOT Send pAleo to Coinbase
Do not send pAleo directly to centralized exchanges like Coinbase.
Coinbase does not support pAleo. If you mistakenly send your pAleo tokens to a Coinbase address, your tokens will be permanently lost, and there is no way to recover them. Always unstake your pAleo first to convert it to Aleo before transferring it to any exchange.
Need Assistance?
If you encounter any issues during the conversion process, please reach out to the support team at staking.xyz. You can also join the staking.xyz Telegram group for real-time support and community assistance.
By following these steps and warnings, you can safely convert your pAleo to Aleo and protect your assets.