How to Stake ATOM on Cosmos with Bitcoin Suisse
Do you know how to stake ATOM on the Cosmos network?
Maybe not…
One reason, of course, is because the Cosmos network — like many blockchain networks — has just been launched and still requires a fair amount of technical knowledge to work with. This is especially true if you want to participate in securing the network as a validator.
But of course, being a part of one most ambitious interoperability blockchain networks launched to date can be too much to resist! And especially because being a validator on a proof-of-stake blockchain can be a very “rewarding” experience, in economic terms.
By staking ATOM tokens as a validator, it is possible to receive staking rewards of over 8%.
For those who do not want to miss this opportunity, there is a way to stake ATOM on Cosmos, without setting up a full validator and investing in the hardware for running it.
Here is a short guide to staking on Cosmos with the Bitcoin Suisse all-in-one staking services:
1. Make sure you are a client (…in every way)
Bitcoin Suisse believes in bringing crypto to as many people as possible. However, to use the Bitcoin Suisse staking service, you will need to be a client — which means sharing some information with us and making sure you’re ready to start staking.
2. Stake your ATOM (It’s a commitment.)
From there, you just need to send your ATOM tokens to the designated address. One transaction — that’s it.
3. Receive rewards (Good job!)
When the rewards are paid out to Cosmos validators, your share will be sent to your Bitcoin Suisse Online account. Within the Online portal, you can trade them for other crypto assets, for fiat or simply hodl them.
4. Sit back and relax (and smile…)
In the meantime, there is nothing else to do. Nothing — zero — nada.
As you will see — the process is actually quite simple.
It is also secure.
Bitcoin Suisse is a trusted, regulated counterparty with over 6 years of experience in offering crypto financial services. (By the way — we already offer staking services for Tezos and Dash.)
