If you've been looking for ways to make your money grow, you've probably heard of staking. It's a way to earn passive income on certain assets without needing to actively trade. Here's how it works, and how Bitso does things a little differently.

What is staking?

When you stake an asset, you help secure a blockchain network and earn yields in return, similar to earning interest in a savings account. With Bitso, your balance normally stays available for withdrawal, even while staking is active. Check out the advantages:

• Flexibility: your balance normally stays available for withdrawal whenever you want.
• Weekly gains: you earn every Monday, automatically.
• Different rates per asset: your return varies depending on the asset and market conditions, so check the app for the latest rates.

All you need to do is hold eligible assets in your account, and Bitso handles the rest.

Are there risks?

The main risks include market volatility, since crypto prices can fluctuate significantly and affect your overall returns. There's also protocol risk, meaning the blockchain network you're staking on could face technical issues or security vulnerabilities. Bitso carefully selects assets and protocols to reduce these risks, but it's always good to stay informed before making any investment decision.

Other ways to earn

Staking isn't the only way to put your assets to work. We also offer:

• US Treasury bonds: a low-risk way to earn yields from government-backed securities.

No matter your strategy, Bitso offers different options to help your balance grow.

Check the app to see which assets are eligible to earn and get started today.