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HOW TO PARTICIPATE IN COLD STAKING
HOW TO PARTICIPATE IN COLD STAKING
Dorm avatar
Written by Dorm
Updated over a week ago

Cold staking (also called non-custodial staking) involves using an offline cryptocurrency wallet, also known as a cold wallet. In most cases, you'll use a hardware wallet; your coins will be stored in a blockchain when you use these, but you'll need to verify transactions offline.

Your rewards will differ depending on your situation. If you remove your funds before the staking period ends, you won't earn any of these.

Note: MyCointainer cold staking offers not only 100% rewards but also a 50% reward fee back.

Check out the below guide on how to use cold staking with us.


How to delegate coins to MyCointainer via Web

1. After logging in, go to the Cold staking panel:

2. Scroll down to the coin you'd want to stake using your wallet.

3. Copy the address for delegation, and send tokens directly to the address.

Note: Make sure the action buttons are clickable, meaning the cold staking is active for the selected asset.

4. Here you go, your coins are now staked.

You can check it using the node address on the blockchain explorer.

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