Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you shouldn't expect protection if something goes wrong. Take 2 minutes to learn more

Staking

Casper (CSPR) Staking – Earn up to 7% APY

  • 06 Oct, 2022

  • 1 Min read

Uphold Team photo
Written by

Another week, another big product update for you!

Starting today, you can earn up to 7% APY when staking Casper (CSPR) from your Uphold wallet.

We take 0% commission on assets you stake with us, passing 100% of rewards directly to you.

Uphold is one of the only venues where you can stake Casper.

Casper is a Proof of Stake network aiming to solve the blockchain trilemma — scalability, security and decentralization — through its unique consensus mechanism called ‘Correct-by-Construction.’

The network is designed to accelerate enterprise and developer adoption of blockchain through the use of WebAssembly (WASM), which allows developers to easily build bridges from their existing systems to blockchain applications using traditional coding languages.

To start staking on your mobile wallet, tap the ‘Earn’ button on the bottom navigation, select Casper, and enter how much of your $CSPR balance you’d like to stake.

If you’re using the web wallet, tap the […] icon on the left navigation, and choose ‘Staking’.

As always, if you have any questions, simply contact our friendly Support Team.

Happy staking! 🚀


NOT FINANCIAL ADVICE
Cryptocurrencies are volatile assets and cryptocurrencies that are staked may lose value over time, including over the period that they are staked and any unbounding period, and so an asset may earn rewards while staked but still lose value. You may not be able to liquidate your investment while assets are staked. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 minutes to learn more.

Uphold Team photo
Written by
  • Digital Money Platform
  • Other

Share article

Uphold Team photo
Written by
  • Digital Money Platform
  • Other

Share article



Uphold Europe Limited, Reg No. 09281410, Registered Office: Eastcastle House, 27/28 Eastcastle Street, London, United Kingdom, W1W 8DH

Uphold (FRN: 938277) is registered with the Financial Conduct Authority (FCA) for AML purposes and complies with the Money Laundering, Terrorist Financing and Transfer for Funds (Information on the Payer).

Uphold is also an EMD agent (FRN: 938277) of Optimus Cards UK Limited (FRN: 902034) which is authorised and regulated by the Financial Conduct Authority to issue e-money pursuant to the Electronic Money Regulations 2011.

Cryptoasset services offered by Uphold Europe Limited are unregulated and not covered by the Financial Services Compensation Scheme as well as the FCA’s consumer protection regulations. Cryptoassets are very high risk and speculative. You should be aware and prepared to potentially lose some or all of your money. You should carefully consider whether trading or holding cryptoassets is suitable for you in light of your financial circumstances. Gains may be subject to Capital Gains Tax and there may be extra charges when paying via credit card from your provider. Geographic restrictions may apply.

Fiat money payments and balances (fiat is another name for traditional currencies, such as GBP, USD and EUR) constitute regulated e-money and payment services. In providing fiat balances, you are being issued with e-money by Optimus and Uphold is acting as its agent. See specific e-money terms. E-money is not a deposit or investment account which means that your e-money will not be protected by the FSCS. Your funds will be held in a designated safeguarding account with a regulated financial institution. E-money will not earn any interest.

Uphold is certified for SOC 2 Type 2, ISO 27001, and PCI DSS, ensuring rigorous control over our information security management systems, data handling, and payment processing practices. Furthermore, we comply with the General Data Protection Regulation (GDPR), California Consumer Privacy Act (CCPA), and the UK Data Protection Act, underscoring our dedication to protecting the personal data and privacy rights of our global customers.

© 2024 Uphold Europe Limited. All rights reserved.