Cosmos Validator

Staking empowers users to put their tokens to work and earn staking rewards by contributing to blockchain networks. Staking is supported on cryptocurrency networks that rely on proof of stake (PoS) or similar consensus mechanisms, i.e. delegated proof of stake (DPoS).

The staking process implies “locking” a certain number of tokens to participate in consensus. Nodes with locked assets may serve as validators of crypto transactions within the network, or take part in the network's governance. For bringing value to the network, validators receive staking rewards paid in the network’s native currency. The bigger the stake, the greater the chance that a certain validator will be selected for a staking reward.

Non-custodial staking refers to the process of connecting a non-custodial wallet for token delegation, or running a node to participate in the staking process. Using a non-custodial wallet means owning the private keys or having full control of stored assets. When users delegate tokens to validators, they do not lose ownership of the tokens themselves. The original holder remains the owner of tokens while they participate in staking.

Non-custodial staking is available for all cryptocurrency holders. Any person who has a crypto wallet and the minimum required amount of assets can participate in staking through token delegation.

Validators are special nodes that participate in the consensus of PoS and similar blockchain networks. They maintain the security of the network by proposing and validating new blocks, and receiving staking rewards in return. Staking rewards earned by the node validator are distributed to delegators in proportion to their stake.

When someone wants to stop participating in staking and withdraw staked funds, they enter into an unbonding/unstaking period which is enforced by network protocols. During this period, users do not earn staking rewards. Once the unbonding period ends, staked assets will be returned to the connected wallet. The duration of the unbonding period depends on the cryptocurrency network.

If your non-custodial wallet supports token delegation for staking, select staking in the wallet and choose CEX.IO Validator in the list of available options. Alternatively, you can delegate tokens using the CEX.IO Validator address.

Staking rewards are paid differently on each blockchain, and could be allocated for each block, epoch, period, cycle, etc. Every cryptocurrency has its own reward payout period which is counted in seconds, days, or even weeks. Always check the staking period when selecting assets for staking.

If you want to buy crypto for staking, then you can use a crypto exchange such as CEX.IO. After purchase, you can use CEX.IO Validator to participate in non-custodial staking.

CEX.IO App only supports custodial staking. However, users can begin earning rewards just by holding cryptocurrency in your CEX.IO balance. Staking crypto on CEX.IO allows you to take advantage of no lock-up periods and trade assets while still participating in staking.

CEX.IO App only supports custodial staking. However, users can begin earning rewards just by holding cryptocurrency in your CEX.IO balance. Staking crypto on CEX.IO allows you to take advantage of no lock-up periods and trade assets while still participating in staking.