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apy

2.90%
global stake

28.13M ETH
58.05B USD
CRYPTOSTAKE

7.65K ETH
15.78M USD
Min stake amount

32 eth
66.02K USD
unstake period

9 Days
Stakeinfo_outlined
apy

16.01%
global stake

578.53M DOT
3.06B USD
CRYPTOSTAKE

2.48M DOT
13.13M USD
Min stake amount

627 dot
3.31K USD
unstake period

28 Days
Stakeinfo_outlined
apy

21.54%
global stake

241.97M ATOM
2.24B USD
CRYPTOSTAKE

174.49K ATOM
1.61M USD
Min stake amount

100 atom
924.99 USD
unstake period

21 Days
Stakeinfo_outlined


STAKE CRYPTO WITH CRYPTOSTAKE AND BECOME A CRYPTO STAKING VIRTUOSO



Join CryptoStake.com, your gateway to a world of crypto staking rewards! At
Crypto Stake, we take pride in employing industry-best practices for crypto
validator hosting. Our commitment to your success is unwavering, which is why
all our validators are meticulously duplicated across geographically independent
data centers. This redundancy ensures rapid recovery in the unlikely event of
any data center failure, allowing you to maintain uninterrupted crypto staking.

Why choose CryptoStake for staking crypto? It's simple – we deliver a staggering
99.98% uptime, ensuring your crypto staking rewards flow seamlessly and
consistently. Your success is our priority, and we're here to help you reap the
highest income from your crypto staking validators.

Experience the future of crypto staking with our reliable crypto staking wallet,
secure crypto staking validator services, and unlock the full potential of your
investments. Join us at CryptoStake.com and elevate your crypto staking game
today!



What is staking ?

Crypto staking in general is a complicated process, but for a lot of crypto
users, knowing that staking is a way of earning rewards while holding onto
certain cryptocurrencies is the key takeaway. Further in the text, we will try
to explain how staking works...


HOW DOES STAKING WORK ?

If a cryptocurrency you own allows staking — current options include Ethereum,
PolkaDOT, Cosmos, Avalanche and others — you can “stake” some of your holdings
and earn a reward over time. The reason your crypto earns rewards while staked
is because the blockchain puts it to work. Cryptocurrencies that allow staking
use a “consensus mechanism” called Proof of Stake, which is the way they ensure
that all transactions are verified and secured without a bank or payment
processor in the middle. Your crypto, if you choose to stake it, becomes part of
that process.


WHY DO ONLY SOME CRYPTOCURRENCIES HAVE STAKING ?

This is where it starts to get more technical. Bitcoin, for instance, doesn’t
allow staking. To understand why, you need a little bit of background.
Decentralization in blockchain, meaning there is no central authority running
the show. So how do all the computers in a decentralized network arrive at the
correct answer without having it fed to them by a central authority like a bank
or a credit-card company? They use a “consensus mechanism.” A lot of blockchains
like Bitcoin or Litecoin — use a consensus mechanism called Proof of Work. Via
Proof of Work, the network throws a huge amount of processing power at solving
problems like validating transactions between users and making sure nobody is
trying to spend the same money twice. Part of the process involves “miners” all
over the world competing to be the first to solve a cryptographic task. The
winner earns the right to add the latest “block” of verified transactions onto
the blockchain — and receives some crypto in return. For a relatively simple
blockchain like Bitcoin’s (which functions a lot like a bank’s ledger, tracking
incoming and outgoing transactions) Proof of Work is a scalable solution. But
for something more complex like Ethereum or PolkaDOT — which has a huge variety
of applications including the whole world of DeFi running on top of the
blockchain — Proof of Work can cause bottlenecks when there’s too much activity.
As a result transaction times can be longer and fees can be higher.


WHAT IS PROOF OF STAKE ?

A newer consensus mechanism called Proof of Stake has emerged — with the idea of
increasing speed and efficiency while lowering fees. A major way Proof of Stake
reduces costs is by not requiring all those miners to churn through math
problems, which is an energy-intensive process. Instead, transactions are
validated by people who stake their tokens. Staking serves a similar function to
mining, in that it’s the process by which a network participant gets selected to
add the latest batch of transactions to the blockchain and earn some crypto in
exchange. Stakers also help establish which blocks are valid. The exact
implementations vary from project to project, but in essence, users vote their
tokens to ensure the security of the blockchain. Their staked tokens act as a
guarantee that they are acting in good faith and as a disincentive to violating
the protocol rules.


WHAT ARE THE ADVANTAGES OF STAKING ?

Many long-term crypto holders look at staking as a way of making their assets
work for them by generating rewards, rather than collecting dust in their crypto
wallets. Staking is also a way to contribute to the security and efficiency of
the blockchain projects you support. By staking some of your funds, you make the
blockchain more resistant to attacks and strengthen its ability to process
transactions.


WHAT ARE SOME STAKING RISKS ?

Staking often requires a lockup or “vesting” period, where your crypto can’t be
transferred for a certain period of time. This can be a drawback, as you won’t
be able to trade staked tokens during this period even if prices shift. Before
staking, it is important to research the specific staking requirements and rules
for each project you are looking to get involved with.


HOW DO I START STAKING ?

Staking is generally open to anyone who wants to participate. That said,
becoming a full validator can require a minimum number of tokens, technical
knowledge, and a dedicated computer that can perform validations day or night
without downtime. Participating on this level comes with security considerations
and is a serious obligation, as downtime can cause a validator’s stake to become
slashed. But for the vast majority of participants there’s a simpler way to
participate. Via an exchange like Coinbase, you can contribute any amount you
wish, without needing to purchase or operate expensive validator hardware.
Staking is available to most Coinbase customers in the U.S. and many other
countries.


IS STAKING CRYPTO TAXABLE?

Yes, both US and EU residents will have to pay crypto staking taxes. Any
earnings from cryptocurrency, including staking rewards, must be included in
your tax return. As for Ukraine, following the EU and US examples, it may fully
legitimize cryptocurrencies and introduce crypto taxes starting from 2024.
profit calculator

Currency
Ethereum ETH



Amount
eth

usd

Stake period

Days

Months

Years


Current Holdings Value

32 eth
66 020 usd
Total Rewards Value

0,92 eth
1 888 usd
Total Reward Rate

2.86%
2.90% annualized


apy:

- ETH 2.90%

- DOT 16.01%

- ATOM 21.54%
Total amount:

- ETH 15.78M USD

- DOT 13.13M USD

- ATOM 1.61M USD
13.48%
Average
apy

Roadmap

2020

Run first ETH 2.0 validator

Q4
2021

10M+ USD nominate in our validators

Q3
2022

Support >5 proof-of-stake networks

Q4
2023

Launching non-custodial app with integrated staking services

Q2
2023

Support cold storage for Cryptostake Wallet

Q4
2024

Launching castodial service for clients

Q1
2020:Q4

Run first ETH 2.0 validator

2021:Q3

10M+ USD nominate in our validators

2022:Q4

Support >5 proof-of-stake networks

2023:Q2

Launching non-custodial app with integrated staking services

2023:Q4

Support cold storage for Cryptostake Wallet

2024:Q1

Launching castodial service for clients

Data centers

We use the best solutions and practices for validators hosting. All validators
are duplicated in geographically independent data centers for quick recovery in
case of failure of one of them. Our technical support is available 24/7 for
troubleshooting or emergency updates. All this allows us to achieve 99.98%
uptime and, accordingly, receive the highest income from validators.
location:
New York
uptime:
99.98%
validators
DOT
Quota: 50%

Efficiency: 99.1%

ETH
Quota: 25%

Efficiency: 100%

location:
Frankfurt
uptime:
99.9%
validators
COSMOS
Quota: 75%

Efficiency: 99,1%

DOT
Quota: 50%

Efficiency: 100%

location:
Toronto
uptime:
99.998%
validators
ETH
Quota: 45%

Efficiency: 99,7%

COSMOS
Quota: 100%

Efficiency: 99%

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