Crypto Staking FAQs

Crypto Staking FAQs

What is StakePark? is where the web learns to stake their crypto. We’re building StakeBoard, an app that lets you view your staking assets and find new staking opportunities that offer the best APY.

What is StakeBoard?

StakeBoard is the ultimate web3 staking dashboard. Designed for new and seasoned stakers alike, StakeBoard makes staking simple and easy to stay on top of. Built internally by the StakePark Team, StakeBoard is designed to be a simple, one-stop shop for checking your active staking accounts and finding opportunities for your non-staked (or idle) assets.

Is staking safe?

Staking is safe because it’s non-custodial, meaning you do not transfer your crypto into another entity’s wallet or control.

What is a self-custodial wallet?

Self-custody wallets, or non-custodial wallets, are crypto wallets that give users full control of their private key and crypto assets.

What is a cold wallet?

Cold crypto wallets are named so because you use them offline or they are hardware secured.

What is a hot wallet?

Hot wallets are crypto wallets connected to the internet. MetaMask, Exodus, and Coinbase Wallet are all considered hot wallets.

What is cold staking?

Cold staking enables crypto holders to earn rewards while keeping their assets in hardware wallets, or cold wallets, that are not connected to the internet. Cold staking can be done using proof-of-stake blockchains such as Ethereum 2.0. You will see the staking rewards when you reconnect to check the balances.

What is a hardware-based wallet?

Cold wallets, such as Ledger and Trezor, are hardware-based wallets. They aren’t connected to the internet and store your private keys offline.

What crypto assets support cold staking?

You can cold stake ETH and AVAX with a cold wallet.

Staking guides & tutorials