Everything you need to know about Ethereum (ETH) staking using Coin Wallet:
- How it works?
- Where is the staking page?
- How to stake Ethereum?
- How to unstake Ethereum?
- How to claim my unstaked Ethereum?
How it works?
Ethereum staking allows you to earn ETH by delegating capital to a validator. Ethereum stakes begin at 0.1 ETH. To stake more funds, you must stake another 0.1 ETH. Staking takes up to 5 days. Your staked Ethereum earns daily rewards. Rewards are automatically restaked and added to the staked balance. To use your staked funds, you must first unstake and claim them in some cases (takes around 5 days).
Where is the staking page?
1. Open Coin Wallet, click on Ethereum, and select the "Staking" option.
2. For desktop users, the "Staking" option is in the dropdown menu.
3. On the "Staking" page, you can view the current APR (annual percentage rate). The annual rate of return you can earn on your staked Ethereum.
How to stake Ethereum?
1. On the "Staking" page, click on the "Stake" button.
2. Choose the amount of ETH you want to stake and then confirm it.
3. Staking ETH amount will be visible on the "Pending requests" page.
How to unstake Ethereum?
1. On the "Staking" page, click on the "Unstake" button.
2. Choose the amount of ETH you want to unstake and then confirm it.
3. Unstaking ETH amount will be visible on the "Pending requests" page.
How to claim my unstaked Ethereum?
1. On the "Staking" page, click on the "Pending requests" button.
2. Click on the "Claim" button and confirm the claim.
That's it! You have successfully claimed your unstaked ETH, and it will be added to your ETH balance.