To stake Cardano (ADA) on eToro, you just need to purchase ADA on the platform. Access your trading account, search for "ADA", enter the amount you want to invest, and execute the buy order. Once you've bought ADA, there's no further action required from you; eToro automatically pays out staking rewards monthly.
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Staking Cardano is gaining traction among ADA enthusiasts. As an eToro user holding ADA, I explored the platform's staking process in-depth. This guide, drawn from my personal experience and thorough research, aims to simplify your journey into ADA staking with this broker.
Begin by signing up on eToro. Choose a username, provide a valid email address, and set a secure password. After registration, you'll need to verify your identity to ensure account security and meet regulatory standards.
Go to the “Deposit Funds” section in the left-hand menu. Choose your preferred currency, fill in your payment details, and confirm the deposit. This step is essential to start your investment journey.
With your account funded, you're ready to trade. Type "ADA" in the search bar. Cardano will appear at the top of the results. Click on it to go to the trading page.
Decide on the amount you want to invest (minimum $10) and click "Open Trade" to complete your purchase.
No additional steps are needed from you. Your staking rewards for ADA will be automatically distributed, typically within 14 days after the end of each month.
|eToro Club Level
|Monthly Staking Yield Reward
|Bronze, all US users
|Silver, Gold, Platinum
Please note that while staking is available for traders who invest in ADA and other supported crypto assets, certain users are ineligible for staking:
This guide covers everything you need to know about staking ADA and other supported cryptocurrencies on eToro. I hope this information assists you in your staking endeavors on the platform.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. 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 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.