If you’ve been exploring ways to make your funds grow, you’ve probably heard about staking. It’s a way to earn passive income on certain assets—but without the need to actively trade. Here’s how it works and how we do things a little differently at Bitso.
What is staking?
When you stake an asset, you help secure a blockchain network and earn yields in return—which is similar to earning interest in a savings account. But unlike traditional staking, where funds are often locked for a fixed period, with Bitso, you can withdraw your funds anytime. Check all the advantages:
- No lock-up periods – Your funds stay flexible, so you can withdraw whenever you want.
- Weekly yields – You earn every Monday, automatically.
- Different rates per asset – The return varies depending on the asset you stake and the market conditions, so stay tuned and check your app to catch up with the latest rates.
All you have to do is hold eligible assets in your account, and we handle the rest.
Are there any risks?
The main risks include market volatility, where crypto prices can fluctuate significantly, potentially affecting your overall returns. There’s also a protocol risk, which means that the blockchain network you’re staking on could face technical issues or security vulnerabilities. At Bitso, we carefully select assets and protocols to minimize 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 bill – A low-risk way to earn yields from government-backed securities.
- Aave Protocol – Earn yields by lending your crypto in a decentralized finance (DeFi) market.
No matter your strategy, we provide different options to help you grow your balance effortlessly.
Check out which assets are eligible to earn and start making your funds grow today.