Staking is a great way to put your crypto to work and earn passive income while contributing to projects you support and believe in.
But staking can be expensive and complicated. To stake ETH on your own, you need a minimum of 32 ETH (currently over $40,000 USD) and dedicated hardware running 24 hours a day, without downtime. And to stake with a 3rd party, you usually have to pay as much as 25% in fees.
Blockchain.com removes all this complexity by allowing you to start staking with as little as $1 in ETH with no hardware investment required.
Here’s how to stake with Blockchain.com
Log in to your Blockchain.com Wallet using a web browser.
Click Earn in the top navigation bar.
Find the Asset you’d like to stake in the table and click Stake.
Select the account or wallet you’d like to transfer from, enter the amount you’d like to transfer, agree to the terms and disclaimers, and click Confirm Transfer.
You’re now staking your crypto and will receive daily staking rewards paid directly into your Staking Account.
Note: Depending on the asset you stake, your crypto may be subject to a bonding period before generating rewards. Your crypto might also be locked up for a period of time before you can unstake it. These rules are largely determined by the protocol, not Blockchain.com.
Unlock 10x lower staking fees
Ready to start earning? Stake your ETH with Blockchain.com before the end of November and we’ll reduce your staking fees to 2.5% through the end of 2022. That’s 10x lower than comparable offerings!
Start staking today.
The purchase of crypto entails a risk. The value of crypto can fluctuate and capital involved in a crypto transaction is subject to market volatility and loss.
Digital currencies are not bank deposits, are not legal tender, and are not backed by the government. Blockchain.com’s products and services are not subject to any governmental or government-backed deposit protection schemes. Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.
How to stake with Blockchain.com was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.