Staking

How to get rewards on my crypto?

3 years ago

One of the most popular ways to get rewards on your crypto is through staking. Staking means holding crypto funds in a designated staking wallet for a specified period. The cryptocurrency network uses the funds to power its operations, and for that, it sends you staking rewards.

How can I stake cryptocurrencies?

You can stake several cryptocurrencies either directly through the cryptocurrency’s platform, via third-party staking platforms, using cold storage wallets, or on an exchange. The precise location where you can stake will depend on the coin in question, so always check the specs to determine if and where you can stake a coin.

Can I stake EUM?

Elitium offers one of the most accessible staking programs in the world. You can stake EUM for up to 6.5% annual rewards through three different channels:

  1. Elitium Dashboard: you can stake EUM in the Elitium Dashboard by setting up an account and clicking ‘Stake automatically’ when you buy EUM with your credit card
  2. Exchanges: EUM staking is available on BitMart — just add EUM to your BitMart staking wallet for up to 6.5% annual rewards, distributed on the 9th of each month
  3. Cold Wallets: cold staking means staking in an offline wallet. Elitium is setting up cold staking partnerships, which will go live soon

Which is the best way to get EUM rewards?

The best way to get crypto rewards depends on your personal preferences.

  • If you’re new to crypto, the Elitium staking program is an extremely simple, yet remarkably secure way to start getting EUM rewards
  • If you’re an active crypto trader, BitMart staking keeps your crypto on the exchange, yet you still get up to 6.5% rewards while you hold EUM
  • If you’re an avid ‘hodler,’ a cold storage wallet is your best bet: hardware wallets are a hyper-secure way to store crypto-funds.

Whichever way you choose, staking EUM is almost effortless: start getting up to 6.5% annual EUM rewardsstake Elitium today.