Ethereum has become a victim of its own success. Transactions can be slow and outrageously expensive. That’s why blockchains like, the Cosmos Hub were born.
Not only is the Cosmos Hub fast and cheap, but it will connect hundreds of appchains. There will eventually be hundreds of thousands of blockchains and the Cosmos Hub may be the center of it all. That’s the Cosmos ecosystem.
The Cosmos Hub’s native token is ATOM and it has become money and the preferred collateral in the Cosmos ecosystem.
ATOM pays some of the highest staking rewards for a large cap token and gives stakers the opportunity to claim airdrops.
Unfortunately for Trust Wallet users, they can’t claim airdrops. Nor can they send, receive, or stake those airdropped tokens. Trust Wallet users must import their seed phrase into Keplr or another Cosmos-native wallet.
Fortunately, we have a tutorial for that!
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Staking ATOM from a noncustodial wallet
We always recommend using a hardware wallet, like a Ledger Nano. Trust Wallet is beautifully built, but you can’t connect Ledger to it and storing wallet keys offline is prudent self-custody. That’s a major drawback.
You can connect Ledger to Cosmos-native wallets, Keplr, Leap and Cosmostation. But if you want to keep things simple and just stake your ATOM from Trust Wallet, we’ve got you covered. Keep reading.
Here’s our detailed step-by-step guide to staking Cosmos ATOM tokens using Trust wallet.
Let’s Fu%kin Go! (LFG)
How to stake ATOM with Trust wallet
Trust wallet is a great choice for those who are on the go. It’s simple to use and lets you manage tokens from multiple blockchains.
We will assume you already have Keplr installed and ATOM tokens at your address.
We’ve got a Trust wallet video tutorial below and walk you through the process using screenshots too.
The minimum staking amount is 1 ATOM token.
1. Open the Trust Wallet mobile app. (see image below)
2. Click into your ATOM position. (see image below)
3. Click “Start earning.” (see image below)
4. Click “Stake.” (see image below)
5. Trust wallet randomizes the validators that appear on your position staking page. Click the validator name to access the list of available validators. (see image below)
6. Scroll down the list to find us and then tap “Blocks United.”
(see image below)
7. Enter the number of ATOM tokens you would like to stake and then click “Continue.” (see image below)
8. Verify the details and then click “Confirm.”
(see image below)
9. Click “Transaction details” or the “X” after your tokens are staked. (see image below)
10. The completed status page will appear. Click the back arrow in the top left corner to navigate back to your main wallet page.
(see image below)
11. You will see a slight decrease in your ATOM balance because the transaction fee was deducted. To view your staked tokens click on your ATOM position.
(see image below)
12. Click on your staked ATOM position to view options. (see image below)
13. You will see your staked ATOM and the option to claim or compound your staking rewards. Click the back arrow in the top left corner to navigate back to your main wallet page. (see image below)
That’s it! Your ATOM is now staked with Blocks United and you are reliably earning block rewards. Thanks for staking with us!
Other Cosmos tutorials and articles you may enjoy
How To Stake ATOM Using Leap wallet
How To Stake ATOM Using Cosmostation
How To Stake ATOM Using Ledger
How To Choose The Right Cryptocurrency For Staking
Unleash The Power Of Staking And DeFi With Kava
Why You Should Not Stake With Coinbase Or Any Centralized Provider
Validator Jailed? Here’s What To Do
Import Exodus, Atomic and Trust wallets Into Keplr To Claim Airdrops
Frequently Asked Questions
We ALWAYS recommend using a hardware wallet, like a Ledger to keep your keys offline. It helps reduce the risk of losing your tokens to a hack. We then like connecting the Ledger to Cosmos-native wallets, Keplr, Leap, or Cosmostation. Keplr is our favorite.
The main risks when staking ATOM are illiquidity and your validator being slashed. Your staked tokens take 21 days to unbond if you decide to unstake them. Additionally, if your validator is offline for too long there is a minor slashing penalty of 0.01%. If your validator is dishonest or mismanages their keys the slashing penalty is 5% and they are then tombstoned and removed from the validator set. You would then need to redelegate to a new validator.
For a large cap token, ATOM pays one of the highest staking yields. As of May, 2024 the APY is over 13%. Staking yield fluctuates with inflation, the overall number of supply that is staked, network activity, validator commission and validator performance.
Coinbase charges high commissions, often 50% or more. If you are comfortable taking self-custody you will earn a much higher yield. Check out our article: Why You Should Not Stake With Coinbase.
It takes 21 days to get your tokens back after unbonding, regardless of the wallet used.
Nothing we say is financial advice or a recommendation to buy or sell anything. Cryptocurrency is a highly speculative asset class. Staking crypto tokens carries additional risks, including but not limited to smart-contract exploitation, poor validator performance or slashing, token price volatility, loss or theft, lockup periods, and illiquidity. Past performance is not indicative of future results. Never invest more than you can afford to lose. Additionally, the information contained in our articles, social media posts, emails, and on our website is not intended as, and shall not be understood or construed as financial advice. We are not attorneys, accountants, or financial advisors, nor are we holding ourselves out to be. The information contained in our articles, social media posts, emails, and on our website is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation. We have done our best to ensure that the information provided in our articles, social media posts, emails, and the resources on our website are accurate and provide valuable information. Regardless of anything to the contrary, nothing available in our articles, social media posts, website, or emails should be understood as a recommendation to buy or sell anything and make any investment or financial decisions without consulting with a financial professional to address your particular situation. Blocks United expressly recommends that you seek advice from a professional. Neither Blocks United nor any of its employees or owners shall be held liable or responsible for any errors or omissions in our articles, in our social media posts, in our emails, or on our website, or for any damage or financial losses you may suffer. The decisions you make belong to you and you only, so always Do Your Own Research.
