Trust Wallet Staking
Trust Wallet is a great general purpose wallet that can hold a variety of cryptocurrencies. If you hold a lot of cryptocurrencies and don’t plan on selling it for a while, getting it off the exchange and putting it on a software wallet is one of the best things you can do for yourself to keep your crypto safe.
Trust Wallet staking is a great way to earn staking rewards on your crypto because they offer higher than average interest rates compared to exchanges.
Staking On Trust Wallet
Supported Cryptocurrencies
Not all cryptocurrencies can be staked to earn interest. Furthermore, even if a cryptocurrency can be staked, the exchange or wallet may not provide staking rewards for that cryptocurrency. Trust Wallet currently provides staking rewards for 11 cryptocurrencies, all of which are recommended cryptocurrencies to have.
BNB | TRX | XTZ | ATOM | LUNA | VET | CLO | KAVA | TOMO | IOTX | ALGO
- Click the links for guides on how to stake the cryptocurrency.
How To Earn Staking Rewards On Trust Wallet
Trust Wallet staking is relatively simple but differs depending on the crypto you are staking. Some only require you to deposit the crypto into your Trust Wallet and you will already start generating staking rewards while others will require extra steps. You can visit Trust Wallet’s “Help Center” for their guides on how to stake certain crypto.
In general, the way you stake crypto on Trust Wallet is through the following steps:
- Deposit your cryptocurrencies onto Trust Wallet.
2. Select the supported cryptocurrency that you wish to stake to open up it’s page.
3. Click the “More” button and select “Stake”. If this button doesn’t exist then it is likely a cryptocurrency that earns interest without any further steps.
4. Enter in the amount of crypto you’d like to stake, choose a validator to stake with, and then continue until the staking process is finished.
5. You’re all done and your crypto is now generating staking rewards!
Final Thoughts
Trust Wallet is a great general purpose wallet to own and what makes it even more attractive is the higher than average interest rates you can earn on its supported cryptocurrencies. Earn Trust Wallet Staking Rewards. Staking on Trust Wallet is relatively easy and the app can provide you with guides on how to stake certain cryptocurrencies if you need help.