Tezos Staking Guide: Trust Wallet Is More Than A Vault

Everstake
Everstake
Dec 22, 2019 · 3 min read

The blockchain industry has opened new horizons both for companies and community members to earn in different ways, but considering the fact that this technology is new, it requires secure solutions for transferring, trading and storing digital assets. Trust Wallet is one of those applications that allows a user to securely hold and buy cryptocurrencies while having staking functionality in one place. In this guide, we’ll describe in a detailed way how to stake Tezos via Trust Wallet.

Step 1: Wallet Installation And Set Up

We’d like to emphasize that the Trust Wallet is currently available only on iOS and Android platforms. Download and install the wallet on a desired operating system.

Once the application is installed, proceed to the seed phrase generation.

Then you have to confirm your seed phrase and back it up in a safe place.

Step 2: Actual Staking Process

After the successful wallet set up we have to add Tezos cryptocurrency into the main menu simply by entering the name into the search bar.

From the search menu add Tezos by dragging the slider.

Select Tezos from the main menu, tap on the ‘More’ button and then choose to stake XTZ.

Choose ‘Everstake’ from the Validators menu by tapping on the arrow.

Name: Everstake
Address: tz1aRoaRhSpRYvFdyvgWLL6TGyRoGF51wDjM
Promotional Fee: 5%
Promotion Duration: 3 months, until September 1st or approximately 34 Tezos cycles
Base fee after promotion: 8%

Attention to all current and future Everstake delegators! Please, delegate/redelegate your XTZ to a new baker — Everstake (Old Baker — Everstake Legacy). You will continue to receive the rewards and won’t miss anything!

Set the desired staking amount and simply tap on the ‘Next’ button.

Check all details and confirm your operation by tapping on the ‘Send’ Button

Please allow up to 30 minutes for the network to confirm your stake. You can also search for your stake details on the Tezos.id explorer by entering your wallet address into the search bar.

Follow news and updates from Everstake by subscribing to the newsletter on our website and join the discussion on our social channels through the links below.
Website: everstake.one
Twitter: @Everstake_pool
Telegram: @Everstake_chat
Facebook: fb.me/everstake.one
Reddit: /r/Everstake/
Medium: medium.com/everstake

Everstake

Everstake is a leading staking service platform providing…

Everstake

Everstake is a leading staking service platform providing secure and reliable solutions to token holders and institutional investors looking to profit off their digital assets. With the running top Validators on the PoS and DPoS markets, Everstake became trusted technical partne

Everstake

Written by

Everstake

Everstake — Staking Service Platform

Everstake

Everstake is a leading staking service platform providing secure and reliable solutions to token holders and institutional investors looking to profit off their digital assets. With the running top Validators on the PoS and DPoS markets, Everstake became trusted technical partne

Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore

If you have a story to tell, knowledge to share, or a perspective to offer — welcome home. It’s easy and free to post your thinking on any topic. Write on Medium

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store