Coinhouse offers you the possibility to generate rewards through Staking: a process that allows you to provide your funds to the network to validate transactions, in exchange for crypto rewards.
The crypto assets concerned by staking are those based on the proof-of-stake consensus where “mining” does not exist.
To learn more about proof of stake or "Proof of Stake", feel free to check our article on the subject 👈🏻
Coinhouse gives you the opportunity to generate profits by staking:
- Ethereum (ETH)
- Solana (SOL)
- Polkadot (DOT)
- Avalanche (AVAX)
- Tezos (XTZ)
- Cardano (ADA)
- Polygon (MATIC)
- Cosmos (ATOM)
- Near Protocol (NEAR)
- Go to your new section: Yield
- In the list of available cryptos, click on "stake" or "buy" if you don't yet own the crypto to stake
- Enter the amount you want to stake
- Read carefully the risks associated with Staking before confirming
- Click on "Stake"
Each staking mechanism has a lock-up period or also "lock-up period" before the funds can be released.
Lock-up period
Coinhouse will respect this lock-up period proposed by the protocol during which no reward will be paid and your funds remain securely stored.
Warm-up period
In good faith, Coinhouse will still pay rewards during this warm-up period.
Staking has become over the years a highly valued tool among crypto investors. The ability to generate rewards attracts many, but it can still present complexity that discourages some.
Indeed, deploying a validator on your own, which requires maintenance management, presents numerous constraints such as technological barriers, financial costs, continuous hardware maintenance, or updates. Specialized players therefore offer investors staking solutions without all these burdensome layers.
Coinhouse thus finds you the right balance between risk and reward. As you can see, we do not offer exorbitant interest rates that would put your cryptos at risk by taking excessive risks.Additionally, apart from the risks detailed below, we are committed to considering all other potential risks that may arise.
As Staking is a relatively new product, the government may legislate on Staking, especially