In this video, I show you how to stake crypto on Wealthsimple. I'll walk you through the process step by step, and explain the different types of cryptocurrencies you can stake on Wealthsimple.

If you're looking to start investing in cryptocurrencies, then this is the video for you! I'll show you how to stake crypto on Wealthsimple, and explain the different types of cryptocurrencies you can invest in. Staking Crypto on Wealthsimple is one of the simplest ways's to earn passive income on your crypto.

I'll also walk you through the process step by step so that you can start investing today!

Currently, Wealthsimple allows you to stake Solana(SOL) & Ethereum(ETH).

How to Set up crypto staking with Wealthsimple
To set up crypto staking with Wealthsimple, you must first own a crypto asset that is available for staking.

Once you wish to stake an eligible crypto asset, follow the steps below:

1. Log in to the Wealthsimple mobile app
2. Tap your Crypto account
3. Under Portfolio, choose the eligible crypto you wish to stake
4. Scroll down to Staking rewards and tap Get started
5. Read through the information provided and tap I understand
6. Tap Confirm to stake the entire amount of your eligible crypto

How to View or manage your rewards
To view or manage your crypto staking rewards, follow these steps:

1. Log in to the Wealthsimple mobile app
2. Tap your Crypto account
3. Under Portfolio, choose the staked crypto
4. Scroll down to Staking rewards and tap Manage to view or manage your rewards

How to Unstake your crypto
Unstaking your crypto removes your assets from the staking process. When unstaking an asset with Wealthsimple, you will receive your assets immediately.

To check if a crypto asset is eligible to be unstaked, refer to the asset’s unique staking reference article.

If eligible, you can unstake your crypto by following the instructions below:

1. Log in to the Wealthsimple mobile app
2. Tap your Crypto account
3. Under Portfolio, choose the staked asset
4. Scroll down to Staking rewards and tap Manage
5. At the bottom of your screen, tap Stop staking
6. Tap Confirm to stop staking your crypto

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Disclaimer: I am not a financial advisor and these videos are for educational and entertainment purposes only and not financial advice.

#crypto #Wealthsimple #cryptocurrency

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