What does staking mean?
Staking with eToro is a process that allows users who own and hold supported cryptoassets to earn rewards – just for holding them. eToro executes the staking process on behalf of its users. The rewards are more of these cryptoassets, which means that users grow their cryptoasset holdings, using a similar mechanism to the way in which a person can earn interest on money.
See “What is Staking?” in the FAQ below.
Staking With eToro – How You Benefit
Staking with eToro is simple, secure and hassle-free. Staking rewards are paid out to users every month, in the supported cryptoasset, with no action at all required on their part.
The staked cryptoassets remain the property of the eToro users; in turn, eToro users entrust eToro to execute the entire staking procedure for them, securely and effectively.
eToro takes great care to protect our users’ cryptoassets against exposure to any additional risks, sparing them the hassle and complication of staking on their own. Consequently, eToro retains a small percentage of the yield as a fee, as well as to cover the various operational, technical, and legal costs involved.
Supported Cryptoassets and Staking Rewards
|Cryptoasset||Reward percentage of the monthly staking yield, per level||Cryptoasset intro days|
|Bronze members, all US users||Silver, Gold, Platinum Club members||Diamond, Platinum+ Club members|
|Cardano (ADA)||75%||85%||90%||9 staking intro days (rewards begin on 10th day of holding)|
|Tron (TRX)||75%||85%||90%||7 staking intro days (reward begin on 8th day of holding)|
|Ethereum (ETH)*||75%||85%||90%||Learn more|
Who can receive staking rewards?
eToro users are eligible to receive staking rewards if they hold any of the supported cryptoassets, on eToro (UK) Ltd., eToro (Europe) Ltd., or eToro AUS Capital Ltd. The positions need to have been open for a certain number of days, which varies according to the blockchain network of the cryptoasset in questions, as presented in the table above.
* For a list of the eligible countries where ETH 2.0 can be staked with eToro, click here.
Note: eToro’s Staking Service does not include cryptoassets held using CFDs, copy trading, copy portfolios, or short positions.
eToro prides itself on being consistently transparent towards its users. It is therefore essential that we explain precisely how we calculate the monthly entitlement regarding the distribution of rewards for all users.
- A daily snapshot of each user’s holdings is taken each day at 00:00 GMT. This shows each user’s eligible staking units for all of their open positions.
See “What are the eligible staking units?” in the FAQ below.
- At the end of each month, the total of all the month’s snapshots are divided according to the number of days in the month, producing an average daily amount.
- The average daily amount is the basic amount on which the calculations are made to get the individual user’s monthly reward. The monthly yield percentage per cryptoasset (see FAQ) is calculated, and then the applicable Club member percentage (see table above) is added to the calculation.
The amount of a reward must be of a value that is no less than 1 USD.
See “How is the monthly yield per cryptoasset calculated?” in the FAQ below.
Note: eToro offers users the ability to waive their right to receive staking rewards on eToro. Users simply need to open a ticket to Customer Service, and they will be sent a waiver form to sign.
Disclaimer: Buying cryptoassets is unregulated in most EU countries and therefore is not supervised by the EU regulatory framework, and carries no EU protections. Your capital is at risk.
eToro’s Staking Service does not include cryptoassets held using CFDs, copy trading, copy portfolios, or short positions.
How does it work?
What is staking?
How do I stop receiving Staking rewards?
Does eToro support staking?
What coins are supported?
Do I receive the entire staking amount?
Why are you keeping a percentage of it?
Why aren't all coins supported on the eToro platform receiving staking?
When will I receive the staking?
How long do I have to be holding the coins to receive the staking?
Does staking apply to coins held in the eToro trading platform, Wallet and the Exchange?
How are rewards shared with users?
When are rewards distributed each month?
Why does eToro keep a certain amount of the reward amount?
Do users need to do anything to be eligible for staking rewards?
In which currency the clients will get their reward?
How does eToro calculate the eligibility of a rewards?
What is the minimum amount that a reward can be?
Is staking profitable?
Is staking crypto safe?
Can you stake Bitcoin?
Which coins can I stake?
How do you start coin staking?
What are the eligible staking units?
How is the monthly yield per cryptoasset calculated?
How does eToro support staking on a leveraged position?
Earnings Compound: Will staking earnings (rewards) also be used as part of the input amount for the next staking reward calculation?