Frequently Asked Question

Why choose cryptocurrency ?
Find out what motivates hundreds of thousands of users to play with Bitcoin and other cryptocurrencies! It's popular!
Worldwide acceptance is here! From far-off flights to killer car rentals - it’s available to buy with crypto. It's autonomous!
There’s no exclusive club - most cryptocurrencies are designed to be ownerless, making them open to all. It's cheap!
The transaction fees are so small, they may as well not be there at all. It's decentralised!
Its network needs no intermediary (like a fee-charging big bank), meaning nobody can control or manipulate it. It's fast!
Transactions are processed in a matter of seconds with waiting times decreasing by the day.
What is blockchain ?
A blockchain is a new way to store data. Rather than centralising information, and the control over it, in one place (a database), blockchains store it across a network where no one point has the authority to change records, This is called decentralisation.
Blockchain's record data - in blocks - and securely store this data by chaining those blocks together using cryptography, hence a block-chain.
Satoshi Nakamoto - the alias of the individual or group behind Bitcoin - conceptualised the idea of a blockchain in a 2008 Whitepaper (blueprint). The ability to create a decentralised ledger of transactions was fundamental to the viability of Bitcoin - a new peer-to-peer digital cash - and solving the double-spend problem. In other words, how to create a purely digital money that cannot be spent twice and doesn’t go through a financial institution; it just flows from person-to-person across a distributed network.
The blockchain was a central element in Satoshi's solution, in combination with a method for ensuring that only valid transactional data was added to each new block - known as the consensus mechanism.
What wallets can i use and how to use them ?
If you'd like to purchase crypto, you need to use an exchange. To do this, first, you need to have a personal wallet from where you can store, withdraw and deposit your crypto to and from This serves like a bank account for your crypto.

Choose your wallet

Trust Wallet
Coinbase Wallet
MetaMask Wallet
Trust Wallet is a mobile wallet app that allows you to send, receive and store a wide range of cryptocurrencies. Designed with a focus on simplicity, this open-source wallet aims to provide a platform that's easy and straightforward to set up and use.
How to install a Trust Wallet:
  • Install the app.
Go to your App Store option on your iOS or Android device and install the Trust Wallet app.
  • Create a new wallet.
Create a new wallet, then read and accept the terms and conditions.
  • Save your recovery phase.
Make a copy of your recovery phase and then safely secure it where it won’t be lost. Do not share it with anyone - it acts as the only key to unlocking and accessing your cryptocurrency. Then verify.
  • Make note of your wallet address.
On your main wallet screen, select the crypto of your choice’. From there, you can tap on ‘Copy’ to get the address. To see the actual address, as well as the QR code, tap on ‘Receive’. You can copy the address or share it as well from this screen.
  • Move your crypto.
Now you have a digital wallet, you need to add some crypto using an exchange. For more information on exchanges, click here.
Coinbase wallet is a cryptocurrency wallet allowing users to store their cryptocurrency assets directly on your mobile device or desktop. The app promotes its wallet as the easiest place to buy, sell, and manage your digital currency.
How to use a Coinbase wallet:
  • Sign up.
Head over to and click on the ‘Get started’ button in the top right-hand corner of the screen. A form will pop up, asking you to fill in your name, surname, and email.
  • Create a password.
Now you’ll be asked to create a password. A strong combination of numbers and special characters makes for a more secure entry. Then tick the user agreement/privacy policy and select the ‘Create Account’ button.
  • Verify.
Coinbase will now email you an activation link. Click on the link and your new account will be set up.
  • Make note of your wallet address.
Go to Crypto addresses and click or tap ‘Create new address’ under your selected cryptocurrency. Click or tap the arrow button to pull up the address screen. Coinbase automatically generates a new address for every transaction - you can use any of these addresses for receiving crypto, as long as it is the correct address type for the digital currency you wish to use.
  • Move your crypto.
Now you have a digital wallet, you need to add some crypto using an exchange. For more information on exchanges, click here.

Yield Farming & Staking

What is Difference between Yield Farming & Staking?
Curious about which is better suited for the average investor when deciding between yield farming vs. staking? Yield farming is very similar to staking because both require holding some amount of crypto assets to generate profits.
Some investors consider staking to be a part of yield farming. While the terms “yield farming” and “staking” are sometimes used interchangeably, there are distinct ways in which they differ. Here are the key differences.
When looking at yield farming vs. staking, staking is often the simpler strategy for earning passive income, because investors simply decide on the staking pool and then lock in their crypto. Yield farming, on the other hand, can require a bit of work — as investors choose which tokens to lend and on which platform, with the possibility of continuously switching platforms or tokens.
Providing liquidity as a yield farmer on a decentralized exchange (DEX Decentralise Exchange (DEX) is a crypto exchange platform that is built upon blockchain technology and negates the need...) may require depositing a pair of coins in sufficient quantities. These can range from niche altcoins to high volume stablecoins. Rewards are then paid based on the amount of liquidity deposited. It often pays well to switch between yield farming pools constantly, though this also requires paying additional gas fees. As a result, yield farming can benefit more than staking from active management. This is how the top yield farmers go about achieving the highest possible returns.
Ultimately, yield farming is more complex than staking — but it may also yield higher returns if you have the time, wherewithal and know-how to manage it.
Yield Farming vs. Staking: Which Is the Better Short-Term Investment?
For investors with a shorter time horizon and are stuck in deciding between yield farming vs. staking, both strategies have their own unique benefits.
Staking allows investors to generate rewards immediately during transaction validation. As a result, it can be a good short-term investment which reaps steady profits. For example, a staking strategy can be used for mining a PoS coin like Cardano ADA. Staking ADA offers no additional risk beyond owning Cardano.
However, the expected return and risk may be lower than with an active yield farming strategy.
On the other hand, if you need liquidity for a short-term strategy, yield farming doesn’t require a lockup of funds. You can try to generate high returns on platforms offering a high APY. As with any investment strategy, execution matters — and a bit of luck helps, too.
Yield Farming vs. Staking: Which Is the Better Long-Term Investment?
You can also use yield farming and staking as longer-term strategies to earn more income from crypto.
First, let’s take a look at yield farming, which is basically reinvesting profits back into crypto to generate interest in the form of more crypto. While yield farming may not always offer an immediate return on investment (ROI), it doesn’t require you to lock up your money, as staking does.
Despite the lack of an immediate payout, yield farming has the potential to be fairly lucrative over the long term. Why? Because without a lockup, you can try to jump between platforms and tokens to find the best yield. You just need to trust the network and DApp you’re using. As such, yield farming could prove to be a great way to diversify your portfolio.
Staking can be a reliable source of returns over the long term as well, especially if you’re committed to HODLing and therefore plan to keep your coins for the long haul. Whether you decide to stake or yield farm over time may depend more on how actively you’d like to manage your investments. While staking returns could turn out to be less profitable, it trumps the yield farming vs. staking comparison because the associated long-term risks are fewer. This ultimately makes the returns more stable.

What is APY?

APY stands for annual percentage yield and is the real rate of return on your principal capital, taking into account the effect of compound interest. Staked KUBER is your principal and the compound interest is added with every rebase via the rebase mechanism.
Note that with APY balances grow exponentially (not linearly) over time. For example, OHM use the example of a daily compound interest rate of 2%, a starting balance of 1 OHM on day 1, will grow to 1,129 OHM after one year. Impressive, but unsustainable.
However, even with a more sensible representative example (used purely for illustrative purposes), with a 1% daily compound interest rate, a balance of 1 KUBER on day 1, will grow to 34 KUBER after one year. Still an excellent return, and an example highlighting our sustainable model.
Having read the FAQ, if you require further information then please read through the rest of the documentation. This goes through the entire Kuber Coin ecosystem in a methodical and detailed manner and should give you all the answers you need. If you still have questions then please contact the team via Discord.