Staking is a way to earn rewards while supporting blockchain operations. By locking up certain cryptocurrencies, you help validate transactions and enhance the network’s security and efficiency.
- Check out our Staking dedicated page for more details.
- To learn more about Staking, visit our Uphold Learn course.
- US: Tap More (…) at the bottom of your screen / Other regions: Tap Menu (::) in the top-left corner.
- Tap "Staking".
- Select a stakable asset.
- Tap "Start Staking".
- Select the source asset or fiat from your portfolio to convert into the staking asset (it cannot be directly from a payment method).
- Hit the "Preview Staking" button.
- Click “Confirm”
How to unstake?
- Select the staked asset via the "Portfolio" tile.
- Tap "Unstake".
- Choose the destination asset / fiat into which you would like to convert your staked asset
- Tap "Preview Unstaking".
- Review and agree to the transaction.
- Click “Confirm”.
Staking is unavailable in the following regions:
- Canada, Japan, Venezuela, Singapore
- Any jurisdictions where Uphold services are restricted
If you’re eligible, the staking feature will appear in your app.
Note: US-users | Staking is not available in New York (state), Texas (state), Louisiana (state), Colorado (state), US Virgin Islands (territory), American Samoa (territory), US Minor Outlying Islands (territory)
While staking is generally safe, it involves risks, including:
- Unstaking periods: Unstaking periods vary by token (e.g., DOT: 28 days). During this time, you cannot trade or withdraw your staked assets.
- Market volatility: The value of staked tokens may fluctuate during the staking or unstaking period.
- Slashing penalties: some networks impose penalties for validator downtime. Uphold safeguards you against downtime-related slashing risks.
Uphold monitors staked assets 24/7 to mitigate these risks but cannot eliminate them entirely. For more details, refer to our Staking Program Terms & Conditions.
Rewards start accumulating after the initial staking preparation period ends. Timing may vary by token. Your staking accounts, balances and rewards-to-date can all be tracked in your portfolio page.