Bitpanda: your top staking destination

What is staking? 

Staking is all about teamwork. In order to confirm a Proof of Stake (PoS) blockchain is secure and decentralised, people on that network commit or ‘stake’ their crypto-assets to validate or to support the validation of transactions and ensure the system is working optimally. In return, staking provides an opportunity for people to earn rewards by locking their coins into cryptocurrency wallets to verify network transactions on a PoS blockchain. This means holders of a select range of coins will be able to stake them directly on Bitpanda and potentially earn extra income. Nice. 

Why stake with Bitpanda?

Along with a world-leading range of staking assets, Bitpanda offers a simple, secure staking option for new and experienced investors alike. Plus: 

• Get double rewards on four new coins
  When you stake with Bitpanda, you’ll get rewards for your assets each week. And we’re offering double rewards on our next four new staking coins for four weeks following the respective launches.
   
• No lock-ins
  Any assets you stake with Bitpanda are yours to use how you want, when you want.
  
  
• No warm-up period
  No more waiting before your coins work for you. With Bitpanda, you get rewards from week one.
  
  
• Better with $BEST
  You can earn even more rewards from staking by becoming a Bitpanda Ecosystem Token (BEST) VIP. Depending on your VIP level, you can potentially increase your staking rewards by up to 12.5%.

What coins can you stake on Bitpanda

You can currently stake 23 cryptocurrencies with more coming soon:

New coins coming soon

We don’t have any plans to slow down on our staking activity. In fact, we’re committed to regularly launching new staking coins, giving you even more ways to earn and diversify your portfolio. And don’t forget, BEST VIPs can increase their staking rewards by up to 12.5% more. The more BEST you hold, the more rewards you get. Check out the newest coins below: 

Disclaimer
The information shared in this article does not constitute investment advice. Investing carries risks. Make sure to conduct your own research before concluding a transaction.

*Staking allows you to participate in transaction validation on Proof of Stake blockchains for which you will be rewarded. Make sure you understand the risks involved before staking any coins. Bitpanda does not guarantee any reward. More info in the T&Cs.