Ethereum Staking: Earn 2–4% APY

Stake your Ethereum securely and earn 2–4% APY*

Staking Ethereum lets you earn passive rewards while helping secure the network, all without giving up control of your assets. Most staking platforms take custody of your ETH to stake it on your behalf. Ledger doesn't when you stake through Ledger Wallet. Your Ethereum stays on the blockchain, your private keys stay on your hardware device, and you earn 2–4% APY — without handing control to a third party*.

Stake Ethereum via Ledger Wallet

**Disclaimer: Crypto transaction services are provided by third-party providers. Ledger provides no advice or recommendations on use of these third-party services. Rewards and payout frequency are not guaranteed. Ledger does not provide any financial advice or recommendations.

Stake your Ethereum securely and earn 2–4% APY*

WHY STAKE YOUR ETHEREUM?

Ethereum uses a Proof of Stake consensus mechanism. By staking your Ethereum, you actively contribute to network security and decentralization — and earn rewards in return.

Earn 2–4% APY*

Staking ETH token in your Ethereum wallet with Kiln offers an average return of ~3.5%. Staking ETH with Lido offers an average return of ~3%. This rate may vary depending on different criteria.

*Rewards are not guaranteed. Ledger provides no advice or recommendations on use of staking services.

Stake directly on-chain

By staking via Ledger Wallet*, your ETH participates directly in the Ethereum network. Not through a platform holding your assets on your behalf. You're staking, not lending.

Keep full custody

Your private keys are stored on your Ledger hardware device, not on a platform's server. When you delegate, you sign the transaction on your device. The validator participates in consensus on your behalf — but holds no keys and controls no assets. Your ETH stays on the Ethereum blockchain, associated with your address.

Why stake Ethereum (ETH) via Ledger Wallet

Cold staking security

Your private keys are stored on a dedicated hardware device, offline and physically separate from your computer*. To stake Ethereum, you confirm the transaction directly on your Ledger Signer. No staking action goes through without your physical approval.

Your validator, your choice

On most staking platforms, the platform selects the validator on your behalf. Through Ledger Wallet, you choose. Compare commission rates, uptime history, and track records, then delegate to whichever validator meets your criteria*. Your delegation isn't tied to a single option; you can review and switch as conditions change.

Access the ecosystem on your terms

The Ledger Wallet app connects you to validators, exchanges, and Ethereum services, without locking you into a single provider. Whichever option you choose, the transaction is confirmed on your hardware device. The flexibility of the ecosystem, with hardware-level security on every action.

Start Staking ETH via Ledger

Stake Ethereum and earn 2–4% APY*

When you delegate your Ethereum to a validator via the Ledger Wallet app, that validator participates in securing the Ethereum blockchain. The Ethereum protocol distributes block rewards to validators in return — a portion of which is passed on to delegators proportional to their stake, minus the validator's commission rate.

The current estimated annual yield for Ethereum staking is approximately 2–4%. This figure varies with network participation levels and your chosen validator's commission. Rewards are credited approximately every 6 minutes. When comparing validators, the key variables are commission rate, uptime history, and total stake. On some networks, an over-staked validator can dilute individual rewards.

You can un-delegate your Ethereum at any time through the Ledger Wallet app. Most networks apply an un-bonding period after un-delegation — a set number of days during which your ETH cannot be transferred and does not accrue rewards. On networks where slashing is active, a validator misbehaving can result in a partial loss of delegated funds: another reason to choose your validator carefully.

Estimate ETH staking rewards

HOW DOES LEDGER'S SOLUTION WORK?

Get your device

A hardware wallet

that offers the best security for your crypto and NFTs - your assets always remain safe.

An app

to manage your crypto and access key services: buy, swap or grow your assets. Securely thanks to your hardware wallet.

Get your device

Grow your ETH through Ledger

Buy and set up your hardware wallet

A Ledger hardware device does two things: it stores your private keys on dedicated offline hardware, and it physically signs every transaction. No action, staking or otherwise, can proceed without your confirmation on the device itself.

Buy a hardware wallet

Download the Ledger Wallet app

The Ledger Wallet app is your gateway to the Ethereum ecosystem: exchanges, validators, DeFi protocols and more. Buy, stake, swap, and manage your crypto across multiple providers, from Kraken to 1inch.* Download it free on desktop or mobile.

Set up your device

Follow the setup steps in the Ledger Wallet app and create a Ethereum account on your device.

Buy or transfer Ethereum to your account

Transfer your existing ETH to your Ledger account, or buy via the Ledger Wallet app. Keep a small amount aside to cover network transaction fees.

Buy crypto Receive crypto

Start staking ETH

In the Ledger Wallet app, go to your Ethereum account and click "Earn rewards". Enter your staking amount, choose a validator and confirm the transaction directly on your physical Ledger signer. Your keys do not leave the hardware*.

Stake ETH

LEDGER LIVE

Other crypto to stake with Ledger

EOS

dYdX

DYDX

Cronos

CRO

NEO

Mina Protocol

MINA

Avalanche

AVAX

Axelar

AXL

Algorand

ALGO

MANTRA

Hedera

HBAR

Tron

TRX

Oasis Network

ROSE

ATOM*

ATOM

Stacks

STX

Casper Network

CSPR

CARDANO

ADA

Tezos

XTZ

Kusama

KSM

Internet Computer

ICP

EGLD*

EGLD

Polkadot

DOT

Solana*

SOL

NEAR*

NEAR

Osmosis*

OSMO

See all coins supported

*Ledger validator node available

Want to learn more about staking?

We answer all the basic questions you might have in our Ledger academy: What is staking? What’s the difference between Proof-of-Stake and Proof-of-Work? What is a validator?

You can also take a look at our School of Block series on Youtube to learn how to get started in staking and make your money work for you.

Visit our Ledger Academy

What is staking

Read the article

School Of Block

See our episode about staking

What is proof of stake

Read the article

Frequently Asked Questions

Is there a minimum amount to stake ETH?

With Kiln staking pool and Lido, Ledger users can participate in the network with any amount of ETH.

You can also stake Ethereum (ETH) via the Ledger by Figment Ethereum validator and stake over 32 ETH on dedicated validators and get rewards automatically sent to your account.

How long do I need to wait before receiving rewards?

With Kiln staking, rewards are earned at each block proposed by the validator.

With Lido, you receive staking rewards within 24 hours of your deposit being made, without waiting for validator activation. The reward will be in the form of stETH tokens that will be added to your stETH balance.

How are ETH rewards distributed?

With Kiln staking, ETH rewards are sent to the staking smart contract. They can then be withdrawn from the same Ethereum address you are using to run your validator.

Lido applies a 10% fee on staking rewards, split between node operators, the DAO and an insurance fund. This fee can be changed by the DAO pending a successful vote.

What are the risks of staking Ethereum?

Staking Ethereum carries two main risks. First, market risk: the value of your ETH may change during the staking or un-bonding period. Second, on networks where it applies, slashing risk: if a validator misbehaves, delegators can lose a portion of their staked assets. You can reduce slashing risk by choosing a reputable, well-established validator available via the Ledger Wallet app.

Native Ethereum staking offered by Kiln rely on smart contracts to operate staking. Even if these smart contracts have been audited they can contain bugs.

There are different potential risks when staking ETH using Lido. Lido could contain a smart contract vulnerability or bug. The Lido code is open-sourced, audited and covered by an extensive bug bounty program to minimise this risk.

How long are my ETH locked?

Native ETH rewards earned through Kiln native staking will be unlocked in a future Ethereum upgrade called “Shanghai” scheduled in 2023. Ledger and Kiln are independent from this protocol upgrade. Please note that these timelines are not commitments and are not in the control of Kiln.

It’s not currently possible to unstake ETH that have been staked using Lido. However, you currently have the option to swap your stETh balance back for regular ETH. This effectively “unstake” your ETH. You can swap stETH for regular ETH using the Paraswap app in Ledger Live.

What is the difference between staking with Ledger and staking on an exchange?

When you stake through a centralised exchange, the exchange holds the private keys to your assets on your behalf. With Ledger, your private keys are stored on your hardware device*. You interact with validators and services through the Ledger Wallet app, but the keys, and therefore control of your assets, remain with you.

Do I need to keep my Ledger device connected to earn staking rewards?

No. Your Ledger device is only needed when signing a transaction, such as when you initially delegate, switch validator, or un-delegate. Once your stake is active on the blockchain, any potential rewards accumulate without any action required from your device.

What happens if I lose my Ledger device?

Your assets are on the blockchain, not stored on the device itself. Your Ledger can be recovered using your secret recovery phrase, a set of words generated when you first set up the device. With your recovery phrase, you can restore access to your accounts on a new Ledger device. Keeping that phrase secure and offline is essential.