Trust Wallet's "ETH Pool Staking" revolutionizes cryptocurrency staking, offering an accessible and lucrative opportunity for users.
With as little as 0.025 ETH, enter the world of staking and potentially earn up to 3.7% annually. Read on to learn how to get started easily.
ETH Pool Staking with Up to 3.7% Annual Yield
Trust Wallet, known for its multi-blockchain cryptocurrency wallet, announced the launch of its "ETH Pool Staking" service on January 23, 2024, which allows users to start staking with as little as 0.025 ETH.
This service is offered in collaboration with Kiln, a provider of staking services to institutional investors, and is designed for easy ETH staking through Trust Wallet.
The ETH Pool Staking service can be accessed by updating the Trust Wallet to the latest version. It allows users to start staking with a minimum of 0.025 ETH and offers the potential to earn up to 3.7% in annual yields.
To initiate ETH staking independently, one would need to prepare a minimum of 32 ETH and set up the necessary hardware to operate a validator node. However, with ETH Pool Staking, users can start staking easily with just 0.025 ETH.
How to Use ETH Pool Staking
Using ETH Pool Staking is straightforward: after updating Trust Wallet to the latest version, users can navigate to the 'Operations' page, select 'ETH', and tap 'Stake'.
By entering the desired amount in the staking quantity input screen, users can start staking their chosen amount of ETH.
Please note that the method of starting ETH staking shown in the video below is based on the pre-update screen and differs slightly from the post-update ETH staking method (the 'Operations' button has been moved to the bottom of the screen).
Additionally, it was announced on the 19th of this month that MetaMask has launched a new service, "Validator Staking," which allows users to easily operate their own validator nodes.
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