Stake and earn more crypto
Turn your idle crypto into a passive income generator. Easily and securely stake through Coinmotion to earn more crypto.
What is staking?
Staking is a way to earn rewards by putting your crypto to work on the blockchain. In return for helping the network run smoothly and securely, you receive more of the cryptocurrency you’re staking.
The rewards come from the network itself—your crypto isn’t being lent out and will continue to be held under the custody of our trusted partner Bitpanda.
It’s a simple and popular way to grow your crypto while holding.
Why stake on Coinmotion?
- Earn more crypto
Rather than letting your crypto sit unused, staking gives you the opportunity to earn more crypto while contributing to the blockchain’s security.
- Compound automatically
Unlike most other providers, Coinmotion automatically re-stakes your rewards so your crypto holdings grow even more through auto-compounding.
- Stake confidently
In partnership with Bitpanda, Coinmotion takes strong security measures to mitigate risks, allowing you to stake confidently. We believe in transparency, so please review our terms and risks below to make informed decisions.
- Withdraw anytime
Enjoy the freedom to withdraw your assets whenever you want, without waiting periods. Unlike most other providers, Coinmotion offers unmatched flexibility with instant unstaking, ensuring you can access your assets whenever you need them without waiting periods.
Stakeable assets
A copy about the unrivaled vastness and versatility of our list of stakeable assets.
Find your crypto and start staking!
*APY (Annual Percentage Yield) reflects the total annual return including compound interest, but excludes staking fees. For a return that accounts for those, see Net APY, which reflects actual earnings after all applicable fees.
Get started with staking today
The simple and popular way to grow your crypto while holding.
Frequently asked questions
How does staking work?
Many blockchain networks rely on a decentralized group of validators who stake their cryptocurrency to ensure the secure and accurate processing of transactions on the blockchain. As a benefit for temporarily staking their assets, these stakeholders can earn additional cryptocurrency through network-generated rewards and fees.
When you stake with Coinmotion, we simplify this process by handling all the technical work for you. Your crypto is staked with other users’ assets through our trusted partner Bitpanda’s validator infrastructure. You don’t need to worry about choosing validators, meeting minimum requirements, or managing technical complexities. We take care of everything while you receive your share of the network’s rewards easily through our platform.
It’s important to note that staking is not a form of lending. Your crypto remains in the secure custody of Bitpanda while participating directly in blockchain network operations.
Getting started with staking is straightforward:
- Ensure you have the asset you wish to stake in your Coinmotion account.
- Access the specific asset’s wallet.
- Choose the “Stake” option.
- Enter the amount you’d like to stake.
- Confirm by selecting “Stake now.”
Please note, while your assets are staked, they can’t be sold. To sell them, you must first unstake them.
Unstaking your assets is just as simple:
- Navigate to the staked asset’s page.
- Select “Unstake.”
- Indicate the amount you want to unstake.
- Click “Unstake now.”
Rewards from staking are paid out weekly, every Tuesday. A 25% staking fee will be deducted from your rewards by Coinmotion before they are automatically re-staked. The rewards are not credited to your account balance. Instead they are automatically re-staked, maximising your returns through compounding until you choose to unstake them. You have the flexibility to stake and unstake your crypto at any time to access your accumulated rewards.
How much can I earn?
The potential earnings from staking vary according to the asset you choose to stake. Each network offers distinct reward incentives, resulting in different Annual Percentage Yields (APYs).
APY represents the total annual return, including compound interest, but does not account for any staking fees. Coinmotion deducts a 25% staking fee from the APY before distributing your rewards. To better estimate your potential annual earnings after accounting for staking fees, you can refer to the Net APY, which reflects your actual returns after all applicable fees.
Keep in mind that advertised APYs are estimates based on historical data and fluctuate depending on network usage. The actual returns may fall outside of these ranges. Coinmotion cannot influence APY rates as they are determined by blockchain network protocols and staking rewards are not guaranteed. For more information about staking risks, please read the question below about the risks of staking.
How long does it take to receive my rewards?
Staking rewards are typically calculated every Tuesday and automatically re-staked to maximize your returns through compounding. The rewards are not credited to your account balance, instead they are automatically re-staked until the moment you choose to unstake them.
To earn rewards for the week, you must have staked your assets before 19:00 EET on Monday. If you stake after this cutoff time, your rewards will be included in the following week’s payout, provided that your assets remain staked.
Partial rewards are calculated based on how long your assets have been staked during the week. If you unstake your assets on Monday before the cutoff, you’ll still receive partial rewards for the days your assets were staked, which are processed on Tuesday.
While Coinmotion tries to process your rewards on time, please be aware that there may occasionally be delays due to technical limitations beyond our control. Rest assured, any such issues are addressed with urgency.
Which assets can I stake?
Further questions
What are the staking fees?
When you stake through Coinmotion, a staking fee is applied to the rewards you earn. This fee is 25% of your staking rewards. To simplify things, this fee is deducted before your net rewards are re-staked, so you receive exactly what’s owed to you. There are no upfront costs nor hidden fees. You are only paying a percentage of the returns you actually get. You can refer to the Net APY for a clear understanding of your expected returns after this fee.
What are staking rewards?
Staking rewards are like incentives you get for helping run and secure a blockchain by staking your crypto. When you stake, you’re allowing your crypto to help the network, and in return, you get more of the same crypto you staked. These rewards are typically calculated as an Annual Percentage Yield (APY). These rewards are distributed directly from the network, and automatically re-staked by Coinmotion to maximise your growth over time through compounding.
Can I trade my staked assets?
No, while your assets are staked, they are temporarily locked and cannot be traded. Staking involves committing your crypto to support blockchain operations, which means your staked assets are not available for trading during this period. However, you can easily unstake your assets at any time through Coinmotion to make them available for trading again.
What are the risks of staking?
Staking, while a popular strategy for earning passive income, carries a few risks to be aware of:
Price volatility: The value of the staked cryptocurrency can fluctuate significantly. Even while earning staking rewards, you may face capital loss if the asset’s value declines quickly.
Network downtime: Blockchain network outages or technical issues can disrupt staking operations, potentially resulting in missed rewards or, in severe cases, temporary inability to access your staked assets. Extended network problems could impact the value or availability of staked capital.
Slashing penalties: Slashing penalties are imposed on validators and their delegators (you) for network misconduct. This can happen if validators approve fraudulent transactions or fail to perform their tasks properly, resulting in lost rewards or a reduction or even a complete loss of the staked capital. Please note that Coinmotion may not be liable to compensate any losses resulting from slashing penalties. Fortunately, slashing is historically rare across major proof-of-stake networks, typically affecting less than 0.1% of validators. However, the risk may vary between different blockchain networks (especially in smaller ones).
Smart Contract Risks: Staking often involves smart contracts, which are software-based agreements on the blockchain. While generally secure, they can contain vulnerabilities or bugs that could be exploited, leading to potential losses.
Regulatory changes: Regulatory shifts could impact the taxation, legality, and viability of staking in certain regions, potentially affecting your assets and staking operations.
While Coinmotion takes considerable measures to mitigate these risks, it’s essential to understand and consider them when deciding to stake your assets. Please see more information in the applicable Expansion Staking Terms.
How are my staking rewards taxed?
In Finland and Sweden, staking rewards are typically classified as taxable income and must be declared in accordance with local tax regulations.
In both countries, staking rewards are considered capital income and should be reported at their market value in EUR in Finland or in SEK in Sweden at the time they are received and obtained possession of. Additionally, any profits or losses from subsequent sales or trades of these rewards are subject to capital gains tax.
However, there can be nuances and variations in the application and interpretation of tax laws in each country and Coinmotion is in no position to give any advice on taxation. Coinmotion does not report taxes to authorities on behalf of customers. You are solely responsible for all tax declarations and reporting. Therefore, it is important to maintain accurate records and stay informed about any updates from your local tax authorities.
For more detailed information, including guidance on how to calculate and report your staking rewards accurately, please refer to our comprehensive Crypto Taxation Guide or contact the Tax Authority.
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