Kusama (KSM)
Staking in Kusama (KSM): how does it work?
At Earn you can get rewards of up to 23.10% and benefit from daily or weekly compound interest simply by storing them.
This service is completely free and offers complete freedom to make withdrawals or add cryptocurrencies at any time. It also has no minimum or maximum amount for staking.
~ 안에24몇 달 동안*
13.432,81€
이 계산기는 정보 제공 목적으로만 사용됩니다. 수익은 원리금과 이자가 Bit2Me 계정에 남아 있다는 가정하에 계산됩니다. * 계산 추정치는 암호화폐 가격이 달라질 수 있다는 점을 고려하지 않은 것입니다.
What is staking in Kusama (KSM)?
Where to stake Kusama?
It is possible to earn rewards by staking Kusama (KSM) securely on Earn. To do this, we must buy or deposit cryptocurrencies into our Bit2Me wallet.
From here, to stake with our cryptocurrencies we have to transfer the amount of cryptocurrencies we want to Earn. We can do it directly from the Bit2Me wallet, at no cost and instantly. With these simple steps we will get daily or weekly rewards on Earn, and always without fees.
Benefits of staking with Kusama (KSM)
Staking with Kusama (KSM) is a great alternative to earn rewards. On Earn you can put your money to work to receive rewards simply by keeping your Kusama (KSM) in the Earn wallet. Kusama (KSM) offers an APY of 15.90%, one of the most interesting currently available in the crypto market.
Frequently Asked Questions
The more KSM we have in staking, the more coins we will receive as a reward. Depending on the staking pool we choose and how we stake Kusama (KSM), we can receive rewards of up to 15.90% APY
Generally, staking with cryptocurrencies is a simpler way to earn profits compared to other alternatives, such as high-frequency trading. However, there are some risks to consider, for example, given the volatility of cryptocurrencies, because even though new cryptocurrencies are earned, their value may vary over time. If funds are locked, nodes and validators may suffer errors or hacks that can result in losses for users, among other risks.
Furthermore, staking in DeFi can be very complex for certain users, which is why Earn offers a simple service for the user that reduces exposure to these associated risks by using its security plan. This plan includes security measures for the user, for the internal infrastructure, and for the external infrastructure, which includes cybersecurity policies, an onboarding and KYC process with providers, as well as a risk management framework.
There is no minimum amount for staking in Kusama (KSM). In addition, if you decide to stake on Earn, you can make withdrawals or add cryptocurrencies at any time and completely free of charge.
