Bitstamp Earn Staking is now live in the US!
We are excited to announce that Bitstamp Earn Staking is now live in the US. Earn more crypto rewards from staking at Bitstamp.
With Bitstamp Earn Staking, you can earn up to 5% annually in crypto rewards. Bitstamp Earn Staking supports Ethereum (ETH), with more cryptocurrencies to come.
As part of the launch, you can now get up to $50 in free crypto when you add and stake tokens with Bitstamp. For a limited time only. See promotion details and FAQ to learn more. Not available to residents of Alabama, Hawaii, Idaho, Louisiana, New Jersey, New York and Nevada.
Why Earning on Your Crypto Matters
Cryptocurrencies continue to gain mainstream adoption. Whether you’re new to crypto or have been active for years,
As a long-standing cryptocurrency exchange with a highly trusted reputation, we believe everyone should have access to crypto in an easy and secure way.
With staking rewards, Bitstamp Earn provides a simple way to earn additional crypto.
How does staking with Bitstamp Earn work?
In a Proof of Stake blockchain, your cryptocurrency can be staked (or locked) and used to verify and validate transactions on the blockchain, and in return, you receive rewards. Some cryptocurrencies are locked for a set period of time while others have no locking period, depending on the specific blockchain requirements.
At Bitstamp, we understand that running your own node, or staking your own cryptocurrency, can be technically challenging. This is why we make it as easy as possible so you can put your crypto to work and earn rewards.
In just a few clicks, you can stake your cryptocurrency on the Bitstamp platform and earn additional rewards on your crypto that would otherwise be sitting idly in your account.
What are the reward rates?
The crypto rewards are determined and distributed by the underlying PoS protocol. Bitstamp Earn – Staking program has no control over the protocols or rewards. Bitstamp acts solely as a service provider connecting you, the validators, and the protocol. Bitstamp receives the crypto rewards from the underlying protocol and passes along any rewards earned from staking to you, minus a fee of 15%.
The size of the crypto rewards depends on how much you have staked and how much competition there is in staking across the entire blockchain.
To see the latest staking crypto rewards, please see the Earn staking page.
What is Algorand?
Algorand is a smart contract platform for building decentralized applications (dapps) and was created with the goal of solving the blockchain trilemma by trying to find the right balance between speed, security, and decentralization.
Algorand’s native cryptocurrency, ALGO, can be used to pay for transaction fees and any holder can participate in the platform's governance system. Holding ALGO enables users to vote on changes to the software and earn a share of new ALGO tokens as rewards.
What is Ethereum?
Ethereum is a blockchain platform that functions as a ledger for ether (ETH), its native cryptocurrency, and whose main purpose is to store and run smart contracts, which are transactional programs written into the blockchain. Thanks to its ability to run smart contracts, the network also supports the development of decentralized applications (dapps) and the creation of new crypto tokens.
Not available to residents of Alabama, Hawaii, Idaho, Louisiana, New Jersey, New York and Nevada.
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections.
Bitstamp is licensed to engage in virtual currency business activity by the New York State Department of Financial Services.
Bitstamp Earn Staking is not available in Canada, Japan, Singapore, and the UK.
Algorand staking is not available in the US, Canada, Japan, Singapore and the UK.