Beginner's Guide to Elrond (EGLD) Cold Staking

Users who choose to hold their own coins can join the Elrond (EGLD) cold staking on the MyCointainer node. Delegators can earn up to 12.40% APR and so much more.

Beginner's Guide to Elrond (EGLD) Cold Staking

MyCointainer continues to innovate various staking services for our users. Hence, we are pleased to announce the integration of the cold staking system of the Elrond (EGLD) as added approach to earn passive income. We believe this is another step towards development and improves the quality of service, comfort, transparency and security of your funds.

With Cold Staking, you delegate your EGLD tokens to the MyCointainer node that stakes your coins on your behalf. Since MyCointainer node is actively staking new blocks on the Elrond blockchain, Cold Staking offers the same network security benefits as a regular staking and therefore the same rewards.

The advantage of cold staking is that you are still in control of the coins you own, and that your rewards will be retained in your safekeeping. MyCointainer node cannot access your funds and will not have any portion of your stake rewards.

Delegation Terms

APR
Minimum stake
Unbonding Period

Our Validator Node

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Let's stake!

Select Wallet & Follow the Instructions

Elrond Web Wallet

  1. Sign in to your Elrond Wallet and click “Stake” section on the left side menu.
  2. Press “Stake now”, search for MyCointainer validator, select it and click “Continue
  3. Enter the amount of EGLD you wish to stake and press “Continue”.
    Check inserted data and press “Confirm” to finish the process.
  4. Enjoy your rewards on cold staking!

Maiar Wallet

  1. Sign in to your Maiar Wallet.
  2. On the dashboard click the “Earn” button, or click Elrond button (on the middle) and then click “Earn”.
  3. Press “Stake” and find “MyCointainer” provider. Select it and press “Continue”.
  4. Enter the amount you wish to stake, press “Continue” and confirm it by clicking the “Stake” button.
  5. Enjoy your rewards on cold staking!

Ledger

We assume that the user has already configured its Ledger Live App and installed the EGLD App and has some coins there.

  1. Sign in to your Elrond Wallet by Ledger. To do this open Elrond App on your Ledger and go to Elrond Web Wallet, click “Access Existing”, choose “Ledger” then “Connect Ledger”.
  2. Click “Stake” section on the left side menu. Press “Stake now”, search for MyCointainer validator, select it and click “Continue”.
  3. Enter the amount of EGLD you wish to stake and press “Continue”.
    Check inserted data and press “Confirm” and confirm the transaction on your Ledger.

    Note: If you’re getting alert that “Data option is disabled in the Ledger Elrond App” go to setting in Elrond App on your Ledger, then choose Contract Data and allow that by changing to “Yes”.

Elrond (EGLD) Hot Staking

  1. New users register at https://www.mycointainer.com/signup/, registered users login to https://www.mycointainer.com/
  2. After login, choose deposit option.
  3. Choose "I already have coins" and search for Elrond (EGLD) from the list.
  4. After choosing Elrond (EGLD), click on generate address.
  5. Deposit EGLD tokens to the address displayed. The moment your deposit is successful your staking rewards will start.

Elrond (EGLD) Trading

MyCointainer fully supports the Elrond ecosystem, enabling the trade of BTC/EGLD, EUR/EGLD pairs giving the best prices.

Buy your EGLD tokens today through MyCointainer Exchange and receive bonus coins!


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