Bitstamp staking calculator
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Find out instantly how much interest you could generate with Bitstamp by entering your chosen crypto, the staking amount, and how long you want to stake your coin for.
Calculate your Bitstamp staking rewards
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How to use our Bitstamp staking calculator
The Bitstamp staking calculator is super simple. Just follow these steps to find out how much you could earn through staking on Bitstamp today.
- Select the crypto you want to stake. Each cryptocurrency pays different rewards.
- Enter how much you want to stake. You stake as much or as little money as you like.
- Choose your reward frequency. Put in whether you’re going to receive your rewards daily, weekly, or annually.
- Enter the interest rate. The rewards rate is an annual rate, even if you receive daily payouts.
- Enter how long you want to stake your money for. Normally, the longer you lock your money up for, the higher the possible rewards.
And that’s it! The results update automatically as soon as you change anything.
Start staking with Bitstamp
Sign up to Bitstamp today to start earning interest. Use the Bitstamp rewards calculator to work out how much you could earn and create a Bitstamp account to start staking.
How do I stake on Bitstamp?
Some cryptocurrencies on Bitstamp offer automatic staking rewards, while others require a minimum amount to be staked. The minimum amount for staking on Bitstamp is kept as low as possible to ensure that everyone has the opportunity to earn rewards.
To begin staking on Bitstamp, first, you need to create an account, verify it and deposit funds. You can then navigate to the staking section of the platform and select the cryptocurrency you want to stake. After that, you need to input the amount you want to stake and confirm the transaction.
The rewards earned from staking will be credited to your account and you can withdraw them at any time.
What are the fees for staking on Bitstamp?
When you stake assets on Bitstamp, you will not incur any direct fees for staking. However, Bitstamp does take a commission on rewards collected by its staking nodes before distributing them to its customers.
This commission is taken from the total reward pool and not from any individual customer. Currently, the commission is 15.00% of the rewards collected from staking.
What cryptos can I stake on Bitstamp
You can stake 2 cryptocurrencies on Bitstamp. Here are the top cryptos that are available:
- Ethereum (ETH)
- Algorand (ALGO)
How much can I make by staking on Bitstamp?
Use the Bitstamp earn calculator to find out exactly how much you could make. However, in almost every instance staking pays a better rate of interest than keeping your money in a bank savings account.
For example, if you have £1000 in a savings account paying 1% interest, over the course of the year you would earn £10. This is normally paid into your account on a monthly basis.
Crypto staking rewards are higher, more flexible, and can be paid out more frequently. For instance, if you bought £1000 worth of ETH and deposited it onto a staking platform then you may be able to earn significantly more and receive that money on a daily basis. If the ETH reward was 8%, this would be the calculation:
£1000 x 8% APY rewards = £80
£80/365 days = £0.21 per day
Or in ETH:
0.87 ETH x 8% APY rewards = 0.069 ETH
0.069/365 days = 0.00019 ETH per day
You can also choose to adjust your staking amount or withdraw your money at any time without losing out on your rewards. The trade-off is that the price of the coin is more volatile than fiat currency and the value of your holdings can fluctuate dramatically.
Can I stake on other platforms?
Yes, lots of different brokers offer staking rewards and you can spread your money around to get the best rates. Here are some other brokers that offer staking rewards:
- Binance. Allows you to stake over 300 different digital assets.
- Crypto.com. Offers staking on more than 100 cryptocurrencies.
- Nexo. Automatically pays staking rewards on over 30 cryptocurrencies.
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