Welcome crypto nation, today we’re going
to learn how to stake Cosmos ATOM cryptocurrency
The easiest and quickest way to stake Cosmos
ATOM is with Exodus.
No special set up or sign up is required.
Simply download Exodus on your phone or computer,
send Cosmos ATOM to your wallet, Enter the
amount of Cosmos you’d like to stake and
that’s it, rewards start accumulating immediately.
You can close the app, go have lunch, take
a nap, go on a years long vacation.
Do whatever you want.
If your cosmos is staked, you’ll be earning
crypto passive income.
Next time you open Exodus, your Cosmos ATOM
staking rewards will be there waiting for
you to claim.
If you don’t already have a Cosmos ATOM
wallet, click the link above to download Exodus
for free on your phone or computer.
We’ll also include a link at the end of
this video.
Let’s see the action in the Exodus mobile
app, followed by the desktop wallet.
Once you’re in Exodus, tap the profile icon
in the bottom right corner.
Scroll down a bit and you’ll quickly notice
Exodus supports a lot of assets.
In the search field, you can type the name
of whichever asset you want to enable.
I’m just typing “Cosmos” so I can enable
the Cosmos wallet.
Tap the wallet icon, pop into the cosmos wallet,
and tap the receive icon to view your address.
Tapping the address automatically copies it
so you can paste it wherever you’ll be sending
ATOM from.
And if you don’t already have Cosmos ATOM,
you can send another cryptocurrency such as
Bitcoin or Ethereum to your Exodus wallet
and exchange for it directly in the app.
In most cases, your requested asset will arrive
after just a few minutes.
Now, I already have some ATOM, so I’m gonna
click the Earn Rewards badge in the top right corner.
Tap “Stake Cosmos”, enter the amount of
ATOM you’d like to stake or tap “All”
to stake your entire balance.
Tap “Stake Cosmos” and you’re set.
Your wallet will automatically claim your
ATOM rewards anytime you stake or unstake or...
Manually claim your rewards when you’re
ready by tapping “claim reward.”
There is a small network fee that goes to
the Cosmos network every time you claim rewards.
So if you want to save on fees, let your awards
accumulate and claim less often.
Keep in mind that staked ATOM is locked and
cannot be sent nor exchanged.
Only unstaked ATOM can be sent out of your
wallet.
If you want to unstake your ATOM, tap unstake
Cosmos in the Cosmos staking screen.
Enter the amount and tap “Unstake Cosmos”.
It takes 21 days for the unstaking process
to complete.
After 21 days, you’ll be able to send and
exchange ATOM.
Or stake once more.
Let’s move over to the desktop app.
Click the wallet icon at the top to get into
the wallet section, type Cosmos in the search
field, and click the asset to enter the wallet.
Click receive to find your address so you
can send ATOM to your new wallet.
Again, if you don’t already have Cosmos
ATOM, you can exchange another asset for it
directly within the app.
No sign-up or registration is required to
do this.
I already have some Cosmos ATOM so I’m just
going to click the three dots in the top right
corner and then click earn rewards.
Here you can add the amount of Cosmos you
would like to stake or just select all for
your entire Cosmos balance.
Click stake Cosmos and that’s it.
To claim your Cosmos staking rewards simply
click Claim Reward.
Wait for the “Cha-ching” which lets you
know the funds have hit your wallet.
It’s really easy to stake Cosmos ATOM and
start earning staking rewards on your phone
and computer.
If this video helped, give it a like and let
us know in the comments if you are a fan of
Cosmos and why.
And don’t forget to subscribe to the channel
for more crypto videos from Exodus.
