Staking

Earn money by holding crypto assets

Stake crypto to passively make money from your assets. Like getting interest payments from a traditional bank.

 

Blockchain creates trust with reliable consensus mechanisms that help to reach agreement in a network. Proof-of-stake (PoS) is one of the consensus mechanisms that helps to determine who validates the next block.

 

With PoS, crypto owners running on that blockchain stake their coins, then use this stake to get the right to validate transactions and create new blocks. For crypto owners, staking is a way of being rewarded for participating in the network.

 

What is staking?

Why stake with Ledger?

Totally secure

Gain rewards while securely holding your crypto in your Ledger hardware wallet.

Supports multiple currencies

Ledger hardware wallets allow you to
securely stake up to 7 coins at one time.

Easy to use

Earn rewards directly in the Ledger Live app, or use an external wallet.

Curious about crypto? Discover the Crypto Starter Pack

Staking coins with Ledger Live

1 Install the app of the coin you want to stake on your hardware wallet

2 Create an account on Ledger Live

3 Transfer your funds to your wallet with Ledger Live

4 Start staking crypto to passively earn money *


* Compatible with Tezos, Tron, Cosmos, Algorand and Polkadot.

Staking coins with external wallets

1 Install the app of the coin you want to stake on your hardware wallet

2 Choose the appropriate third party wallet to manage your crypto

3 Transfer your funds to your device using the selected wallet

4 Start staking crypto to passively earn money

How to make money by staking

Claim

Claim rewards by only keeping coins in your wallet for a given period of time. Rewards depend on how many coins you keep. The reward rate is determined by the protocol and sent to you through an on-chain transaction.

Delegate

Delegate part of your stake to a validator who’s in charge of securing the network. The validator then shares part of their revenue with you. This reward is either automatically enforced by the protocol, or depends on the validator’s goodwill.

Run validators

Run your own node to become a validator. Validators are rewarded directly, corresponding to their total stake. This incentivises nodes to validate the network based on a return on investment.

The difference between PoS and PoW

Proof-of-stake is a mechanism to reach consensus. It decides who validates the next block, according to how many coins you hold (also called staking). Proof-of-work serves the same purpose, but with miners cracking cryptographic puzzles using computing power to verify transactions.

Crypto to stake with Ledger