How staked cryptocurrencies work at Scalable Capital
Crypto staking refers to the process of depositing coins on a blockchain, thereby locking them up or pledging them as collateral. These assets help secure the blockchain and generate regular staking rewards for doing so. Scalable Capital does not offer direct staking through a personal crypto wallet. Instead, you purchase already staked securities (ETPs), where the issuer automatically adds the staking rewards into the price of the security.
When you receive staking rewards
This reward structure for staked ETPs applies when you hold a crypto security in your portfolio that supports these extra yields. Whether tokens such as Ethereum, Solana, or Polkadot are staked depends solely on how the specific product is built. If the issuer does not allow staking in its documentation, the position remains unstaked and the price will only follow the raw crypto market value.
How to check and trade staked cryptocurrencies
- Read product information: Open crypto ETPs in your broker and check the issuer's Key Information Document (KID) to verify staking availability.
- Check the website: Visit the official website of the issuer to view the current daily rewards directly.
- Trade your securities: Buy or sell crypto ETPs just like any other securities during regular trading hours through your broker.