Cryptocurrency staking calculator
The Invezz staking rewards calculator shows you the expected profits you can earn when validating (also called staking) different transactions on a blockchain. Read on to see how our staking calculator works.
How to use our staking calculator
To calculate your staking rewards, follow these steps:
- Enter in the type of cryptocurrency you’re validating.
- Enter in the amount of your desired rewards.
- Enter in your projected staking time, expressed as a number of days.
- Specify if you intend to reinvest your staking rewards, thus benefiting from compounding.
- Click calculate to see the size of your profit in both fiat currency and the cryptocurrency of your choice.
How the staking calculator works
By specifying how active a role you’re playing in that staking process, our staking calculator can then use the going reward rates for different kinds of staking and tell you what kind of profits you should expect to make.
Why should I use it?
Cryptocurrency tokens typically come in finite numbers, making validating the blockchain transactions that create new tokens a vital and often lucrative part of the process. If you’re looking for a way to profit from the explosion in cryptocurrency prices, validating those blockchain transactions can be a great alternative to or addition to investing in crypto.
Knowing how much you stand to make from that staking process can help you decide if it’s worth your time to participate, and that’s where our staking calculator comes in.
What is staking?
Staking refers to the verification of transactions on a cryptocurrency’s blockchain. When staking a cryptocurrency, you usually have to have a minimum amount of that coin in order to be trusted to participate in the process. Similar to mining, users who engage in staking earn financial rewards (interest) for their work.
Cryptocurrencies are digital currencies enabled by verified transactions on a decentralised blockchain, rather than by a centralised authority like a bank. Since the advent of Bitcoin in 2009, that cryptocurrency and several others have become massively profitable (albeit also volatile) investments.
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