Lock your crypto in a golden cage
Staking basically means that you reap the fruit of your crypto’s labour. Sounds too good to be true? Not at all. All you have to do is hold your crypto in place while the blockchain puts it to work.
Staking in crypto is a process that allows you to earn rewards while blocking certain digital currencies (put them «at stake») via a consensus feature called Proof of Stake (PoS) during an amount of time defined by you. Your locked assets are used to achieve a consensus mechanism that is required to ensure the security of the network and the validity of each new transaction. That’s why crypto stakers are also called «validators». For locking assets and providing services to the blockchain validators are rewarded with new coins.
Nice side effect
Proof of Stake is a consensus algorithm that reduces the energy-intensive processes required by classic crypto mining. The transaction speed is increased while the blockchain is greener.
Designed by Swissquote, SQX has swiftly risen to prominence as one of the leading crypto platforms, garnering two prestigious SIQT awards:
- 1st crypto platform in Switzerland
- Top crypto platform in the DACH region
Awarded for its ease of use, the diversity of its offers, its transparency and the efficiency of its service, our platform also sets itself apart with a wide range of cryptocurrencies and products such as crypto ETPs, thematic portfolios and futures. Swissquote is the benchmark for your crypto investments, backed by the security of a regulated Swiss bank.
Ethereum (ETH) | |
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Possibility to unstake assets | Yes Large unstaking requests (3 ETH or more) require additional processing, which can take up to two weeks |
Estimated reward (gross) | 2.5% p.a. (gross) |
Payment of the first reward | Once a week, on Tuesdays |
Payment of the following rewards | Once a week, on Tuesdays |
Minimum to stake | 0.001 ETH |
Risks | Asset slashing & Rewards slashing |
Request processing time | Up to 7 business days |
Staking fees | 20% of rewards |
Polkadot (DOT) | |
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Possibility to unstake assets | Yes | 28 days of lockup period |
Estimated reward (gross) | 6.9% p.a. (gross) |
Payment of the first reward | Between 48h and 76h (= 2 cycles), the distribution takes place the following Tuesday |
Payment of the following rewards | Once a week, on Tuesdays |
Minimum to stake | 0.1 DOT |
Risks | Asset slashing & Rewards slashing |
Request processing time | Up to 2 business days |
Staking fees | 20 % of rewards |
Solana (SOL) | |
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Possibility to unstake assets | Yes | Max. 3 days (1 epoch) |
Estimated reward (gross) | 6.24% p.a. (gross) |
Payment of the first reward | Between 4 and 6 days (2 epoch), the distribution takes place the following Tuesday |
Payment of the following rewards | Once a week, on Tuesdays |
Minimum to stake | 0.1 SOL |
Risks | Rewards slashing |
Request processing time | Up to 5 business days |
Staking fees | 20% of rewards |
Tezos (XTZ) | |
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Possibility to unstake assets | Yes |
Estimated reward (gross) | 5.42% p.a. (gross) |
Payment of the first reward | 34 days to 37 days (= 12 cycles), the distribution takes place the following Tuesday |
Payment of the following rewards | Once a week, on Tuesdays |
Minimum to stake | 1 XTZ |
Risks | Rewards slashing |
Request processing time | Up to 2 business days |
Staking fees | 20% of rewards |
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