Earn yield on your crypto-assets
The most secure way of investing in bitcoin and other crypto assets is to buy-and-hold. As an investor, you make profit when your investment gains in value. Beyond that, the investment does not yield any return.
Thanks to staking, this changes. Staking is a process that allows our clients to hold crypto assets in their wallets while earning yield on a weekly basis. We take care of the staking process, all you have to do is make your crypto assets available.
AMDAX offers the ability to stake the following crypto assets. The return differs per crypto asset. The interest rates are adjusted periodically, depending on the return on the network.
How does staking work?
Within a blockchain network, transactions are validated by all participants, the so-called nodes. How they reach consensus about the order and validity of the transactions varies per blockchain. With proof-of-stake, this is done by participants who make their crypto assets available to the network. By staking your assets, participants contribute to the security of the network. As a reward, you will receive interest in the form of crypto assets.
Sounds complicated? At AMDAX, we manage and execute this technical process. You only have to supply your crypto assets.
Private, corporate and institutional accounts.*
There are no monthly fees associated with staking. Assets that you have put to work are stored safe with us; this involves custodian costs.
* With a business or institutional account, the monthly subscription fee will be charged.
Staking at AMDAX
By staking crypto assets, you receive passive income in the form of interest. This way you not only benefit from the value appreciation of your crypto assets, but you also put your crypto assets to work to generate yield. The interest you receive is automatically reinvested so you will also benefit from compound interest.
Staking requires technical expertise and is inherently unpredictable. AMDAX removes the inconvenience and does not burden you with unnecessary complexity.
Your crypto assets are in safe hands at AMDAX. As with storing regular crypto assets, we use full-reserve custody: all your assets remain in our vault. Thanks to our professional infrastructure, your assets are stored safely. AMDAX is also registered with De Nederlandsche Bank (DNB).
Yes, you must own crypto assets in order to stake.
AMDAX offers multiple crypto assets that you can stake. If you are in possession of one of these crypto assets, you have the option to stake. If you are not yet in possession of these assets, you can purchase them via AMDAX.
You can stake your crypto by contacting our account team. They provide you with a digital form which you can use to request to stake or unstake your position.
It will take you approximately 1 minute to complete this form. Please allow 1 business day processing time for your staking or unstaking request to be active.
Some crypto assets have a waiting period (bonding period). This waiting period starts when you take your crypto assets out of staking (unstaking). After this period has ended you can trade your crypto freely again.
There is a waiting period for the following crypto assets:
The waiting period does not include the 1 business day processing time required to stake or unstake.
Within a blockchain network, transactions are validated by all participants, the so-called nodes. How they reach consensus about the order and validity of the transactions varies per blockchain. With proof-of-stake, this is done by participants who make their crypto assets available to the network. Staking is therefore an inherent part of proof-of-stake blockchains and not available on other types of blockchains.
No, as long as your crypto assets are actively in staking, you cannot withdraw or trade your crypto assets. You must first unstake your crypto assets by submitting a request to unstake. Please note that some crypto assets have a waiting period. After the waiting period, you can trade your crypto assets freely.
Staking crypto comes with risks. By staking your crypto, you cannot sell your position. In that case, you must first unstake your crypto. When we have received your unstaking request, it will be processed the next business day. For crypto with a waiting period, you must first wait for this period to end before your crypto can be traded.
Yes, the staking rewards you earn are staked automatically. As such, you’ll automatically earn compounding interest.
Staking rewards can be found in the balance sheet in your dashboard.
In the table below you will find the historical developments of the staking rewards that AMDAX offers.