Staking

Can I cold stake with Elitium?

3 years ago

Staking with Elitium is simple. However, you cannot cold stake Elitium.

Cold staking is staking in a crypto-wallet that’s not connected to the internet (i.e., using a hardware wallet or a wallet on your local device), which is something Elitium doesn’t offer as our staking coin is considered secure enough to eliminate the need for it.

Cold staking is of most value to larger stakeholders as it ensures maximum security of funds while still supporting a network.

Masternode Staking

If you want to cold stake a large balance, consider operating an Elitium Masternode. Want to learn how to invest in masternodes? Click the link for full details of Elitium Masternodes.