Crypto staking has rapidly become one of the most popular ways for digital asset holders to earn passive income. By locking tokens into proof-of-stake (PoS) networks, participants not only earn rewards but also help secure the blockchain itself.
However, for many beginners, the process can feel intimidating. Questions about security, risks, and usability often prevent new users from getting started.
Bitget Wallet addresses these concerns with an intuitive and secure platform designed to make staking simple and transparent.
With support for over 130 blockchains, more than 1 million tokens, and an expanding set of staking features, it is tailored for both newcomers and experienced investors who want to put their assets to work in a non-custodial environment.
This tutorial will provide a step-by-step guide to staking on Bitget Wallet, explain how Bitcoin can be staked through Babylon, highlight key risks, and share best practices for a safe and rewarding experience.
What is Crypto Staking and Why Does it Matter?
At its core, staking is the process of locking up digital assets to support the operation and security of a PoS blockchain network.
In return, participants receive rewards in the form of new tokens. Unlike traditional mining, which requires expensive hardware and high energy consumption, staking is more accessible and energy-efficient.
Benefits of staking include:
- Passive income: Token holders can earn APY on their assets instead of letting them sit idle.
- Network security: Stakers contribute directly to validating transactions and maintaining decentralization.
- Liquidity through LSTs: Many platforms issue liquid staking tokens (LSTs), allowing users to remain active in DeFi while their original assets are staked.
- Auto-compounding: Some staking services automatically reinvest rewards to maximize yield.
However, staking is not risk-free. Users should be aware of:
- Slashing penalties: Poor validator performance can result in loss of staked funds.
- Lock-up periods: Tokens may be inaccessible for days or weeks depending on the blockchain.
- Market volatility: Staked tokens remain subject to price fluctuations.
- Platform risk: Choosing the wrong validator or service provider may expose assets to additional risk.
For those considering staking, selecting a trusted platform is essential.
Many users researching the best DeFi wallet will find Bitget Wallet a strong candidate due to its broad support, user-friendly interface, and robust non-custodial security.
Why Stake with Bitget Wallet?
Bitget Wallet differentiates itself by combining a streamlined user experience with enterprise-level security. Unlike custodial services, it gives users full control of their assets at all times. This ensures that tokens remain in your wallet, reducing the risks associated with centralized exchanges.
Key advantages include:
- Beginner-friendly design: Even first-time users can start staking in just a few steps.
- Real-time APY tracking: The “Earn” dashboard displays rewards and yields transparently.
- Cross-chain support: Stake tokens across Ethereum, Solana, BNB Chain, Polygon, and more.
- Liquid staking integration: Partnerships with platforms like Lido and Stader enable flexibility.
- Non-custodial safety: Funds never leave the wallet, giving users full ownership.
- PayFi feature: In addition to staking, users can spend crypto via Mastercard or Visa directly within the wallet.
These features position Bitget Wallet as one of the most comprehensive options for anyone interested in staking safely and efficiently.
How to Stake Crypto on Bitget Wallet?
Step 1: Download and Set Up Bitget Wallet
Begin by downloading the Bitget Wallet app from the official website or app store. Create or import a wallet and ensure you store your recovery phrase securely offline.
Step 2: Deposit Tokens
Transfer supported tokens such as ETH, SOL, DOT, USDT, or BGB into your wallet. Always double-check addresses and blockchain networks before sending.
Step 3: Navigate to “Earn”
Inside the wallet, select the “Earn” tab. This section lists available staking products, current APYs, and lock-up requirements.
Step 4: Select a Token and Product
Choose the token you want to stake. Options may include:
- Flexible staking with no fixed lock-up.
- Fixed-term staking with higher APY but a required holding period.
- Liquid staking that provides LSTs for continued DeFi activity.
Step 5: Review APY and Confirm
Examine the details, including APY, lock-up duration, and potential risks. Once satisfied, enter the amount and confirm the transaction.
Step 6: Track Rewards
Use the dashboard to monitor your staking balance and daily rewards. Some assets also support automatic compounding.
Start staking ETH, SOL, USDT, and more today by downloading Bitget Wallet, the top crypto wallet for secure staking and asset management.
How to Stake Bitcoin on Bitget Wallet with Babylon?
Bitcoin has historically lacked native staking due to its proof-of-work consensus mechanism. Babylon, however, introduces a new model allowing BTC holders to stake securely through time-locked smart contracts.
How Babylon Works
- Non-custodial staking using time-lock scripts.
- No need to wrap BTC or transfer it to third parties.
- Assets remain in user-controlled wallets, secured by audited smart contracts.
Staking Steps
- Deposit BTC into your Bitget Wallet.
- Navigate to the staking or “Discover” section.
- Select Babylon staking.
- Choose between flexible or fixed terms (30, 90, or 180 days).
- Review APY (typically 4–7%) and confirm.
- Track staked BTC and rewards in the portfolio section.
This system opens up a new passive income stream for Bitcoin holders without compromising on decentralization or custody.
How to Unstake and Claim Rewards?
Unstaking procedures vary depending on the network:
- Ethereum (via Lido): Instant withdrawal.
- Cosmos: ~21 days unbonding.
- Solana: 2–3 days.
- Polkadot: ~28 days.
- Polygon: ~3 days.
Rewards can typically be claimed once the unbonding period concludes. Some protocols also support auto-compounding, which reduces the need for manual reinvestment.
Best Practices and Tips for Beginners
- Start small: Test staking with a manageable amount before committing larger sums.
- Diversify: Avoid staking all assets in a single network to reduce risk.
- Monitor rewards: APYs fluctuate depending on network conditions, so keep track.
- Understand risks: Review slashing penalties and unbonding requirements before staking.
- Use liquid staking when needed: LSTs provide liquidity while earning staking rewards.
These practices help new users reduce potential downsides while maximizing long-term benefits.
Turn Your Idle Crypto Into Rewards with Bitget Wallet
Staking is a powerful tool for growing your crypto portfolio while contributing to blockchain security. Bitget Wallet makes this process seamless by offering real-time tracking, cross-chain support, liquid staking options, and non-custodial safety.
Whether you want to stake Ethereum, Solana, stablecoins, or even Bitcoin via Babylon, Bitget Wallet provides a beginner-friendly solution that balances usability with robust security.
As with any financial strategy, it is essential to understand the risks, start small, and conduct independent research before making decisions.
Don’t let your crypto sit idle. Download Bitget Wallet today to start staking securely across Ethereum, Solana, Bitcoin, and more in one app built for beginners and experts alike.
