Yet another reason why we love Trust Wallet is the ability to stake your crypto from within your wallet. You are able to view current rewards rates and have access to many different staking providers from within the app instead of having to go to all sorts of different websites and keep track of all of your different assets in different places. A few bigger name cryptos available to stake in Trust Wallet are Ethereum, Cosmos, Polkadot, Solana, and Cardana, as well as some lesser knows coins.
How often do rewards pay?
Rewards are paid out daily.
What are the rewards rates?
This will vary by asset. You can check current rates by going to the Earn section in Trust Wallet and scrolling through the available assets.
Best practices
- Keep good records of these rewards for tax purposes.
- Don’t just stake all of your available crypto, as you will need a small amount in your wallet for transaction fees when it comes time to claim your rewards.
- Keep an eye on who you are using to stake your crypto. It may not always be best to go with the validator that offers the highest rate. Try to use well known validators that have a good track record. For example, you will see Trust Wallet themselves as an option for a validator, but they likely won’t have the highest yield offer.
Step-by-step guide
The video below shows the Earn section of Trust Wallet and which cryptos are available for staking inside the wallet, and also shows how easy it is to stake Solana for rewards.
