How to Stake Tezos (XTZ) and Earn Rewards Using Trust Wallet

Staking Tezos (XTZ) is a simple way to earn rewards while playing an important role in securing and maintaining the Tezos blockchain. As a holder of XTZ, you have the opportunity to participate in the network’s governance and consensus process by staking your tokens.

Trust Wallet offers a simple and secure platform where you can stake XTZ. This guide will walk you through the entire process of how to stake XTZ using Trust Wallet, from setting up your wallet to managing your staking activities. Whether you’re looking to maximize your earnings, or support the Tezos network, this step-by-step guide will help you get started.

Before You Get Started

Remember that you can use Trust Wallet as your secure crypto wallet. Buy, sell, swap and stake crypto all in one place.

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What is Tezos Staking?

Tezos staking, often referred to as "baking" in the Tezos ecosystem, is a process where XTZ holders delegate their tokens to a validator, known as a baker, who is responsible for securing the network and validating transactions. Tezos operates on a Liquid Proof-of-Stake (LPoS) consensus mechanism, which enables anyone holding XTZ to participate in the staking process, either by running their own node or by delegating their tokens to a reliable baker.

When you stake your XTZ, you contribute to the network's security and, in return, earn a share of the rewards that are distributed by the network. These rewards are given out regularly and can provide a steady source of income, all while you retain full ownership of your XTZ tokens. Unlike some other staking models, Tezos enables you to delegate your tokens without locking them up, meaning you can move or use your XTZ whenever you want.

Why Stake Using Trust Wallet?

Trust Wallet is a top choice for staking XTZ, offering a secure and user-friendly platform ideal for both beginners and experienced users. Here’s why:

• Intuitive interface: Trust Wallet’s straightforward design makes it easy to navigate the staking process, even for first-time users. No technical expertise is required.

• Full asset control: As a non-custodial wallet, Trust Wallet ensures you retain complete control over your private keys and XTZ, keeping your assets secure.

• Robust security: Trust Wallet prioritizes security with advanced encryption and regular updates, providing a reliable staking experience.

• Easy staking management: The app provides easy access to staking features, allowing you to monitor and manage your XTZ and rewards with just a few taps.

• Support for multiple cryptos: Manage XTZ alongside other cryptocurrencies in one place, simplifying your portfolio and staking activities.

Key Details for Staking XTZ Using Trust Wallet

Before you stake using Trust Wallet, it’s important to ensure that you meet a few essential prerequisites. These steps will help you prepare for a smooth and successful staking experience:

• Sufficient XTZ balance: Have enough XTZ in your Trust Wallet, slightly above the minimum required, to cover staking and transaction fees.

• Understanding the staking process: Know that staking involves delegating your XTZ to a validator, locking it up during the staking period.

• Awareness of the lockup period: There is no lockup period for XTZ.

• Choosing a reliable validator: Select a validator (baker) with a good track record, low fees, and strong community support for better rewards.

• Secure backup of your wallet: Ensure your Trust Wallet is securely backed up with your recovery phrase stored safely to avoid losing access to your XTZ.

How to Stake XTZ Using Trust Wallet

Before you stake, be sure that you get the most up-to-date version of Trust Wallet.

Next, if you don’t have any XTZ in your wallet, you can deposit crypto using the “Receive” button, or buy crypto directly using Trust Wallet.

Now you’re ready to stake and earn rewards. Staking can be done in just a few steps, and here’s how.

Note: Below we’ll use staking XTZ as the example, but the process is generally the same for each asset.

• Select the “Earn” button from the wallet home screen.

• Select the asset you want to stake, in this example it’s “XTZ.”

• Select “Stake.”

• Choose the amount you want to stake, and choose the validator you want to use by selecting the Validator dropdown.

• Once you choose a validator, select “Continue.”

• Follow the remaining instructions to confirm your stake.

How to Unstake XTZ in Trust Wallet

If you would like to unstake your XTZ, simply follow the steps below:

• Navigate to ‘Earn’ on the main wallet page and select XTZ.

• Choose the Unstake option and proceed as per the given instructions.

In addition to staking crypto, Trust Wallet lets you manage and interact with 10M+ crypto assets across 100+ blockchains. Download the latest version of Trust Wallet today.

Frequently asked questions about staking XTZ using Trust Wallet

How much do you earn staking XTZ?

Staking rates may vary depending on the network, and the rate is not set or controlled by Trust Wallet. You can check the current rate anytime from within the app.

Note: Validators and delegators help secure the network through staking and will sometimes charge a commission for their services. This is neither controlled by Trust Wallet nor does Trust Wallet take any proportion of this commission.

What is the minimum amount to stake XTZ?

The minimum stake amount depends on the validator chosen.

What is the lockup period when I stake XTZ?

There is no lockup period for XTZ.

How do I unstake XTZ on Trust Wallet?

To unstake XTZ, do the following:

• Go to ‘Earn’ from the main wallet page, and choose XTZ.

• Then choose Unstake and follow the instructions to confirm the unstaking process.

How do I claim my rewards?

• Go to ‘Earn’ from the main wallet page, and choose XTZ.

• Select the option to claim rewards and follow the instructions.

Closing Thoughts

Staking XTZ using Trust Wallet is a simple way to participate in the Tezos network. By following this guide, you can easily stake your XTZ, earn regular rewards, and contribute to the security and governance of the blockchain. Trust Wallet’s secure and user-friendly platform ensures that you have full control over your assets while enjoying the benefits of staking.

Whether you’re new to staking or looking to optimize your crypto portfolio, Trust Wallet makes it easy to get started and manage your staking activities with confidence.

Disclaimer: Content is for informational purposes and not investment advice. Web3 and crypto come with risk. Please do your own research with respect to interacting with any Web3 applications or crypto assets. View our terms of service.

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Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.