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In the following guide we will explain the guide on how to stake Ethereum (ETH). The option to natively stake ETH is not yet accessible so for now the guide is focused on staking Ethereum through Lido, which is one of the current leading staking providers on the market. Introduction to Ethereum and ETH Ethereum is possibly the best-known blockchain in the world along with Bitcoin. It is a decentralized network created in 2015 by programmer Vitalik Buterin and its objective was to offer a platform for the development of decentralized and collaborative applications. The great power of Ethereum consists of offering the possibility of executing smart contracts, which was an important and definitive step in the options and functionalities offered by Blockchain technology. In 2022, the Ethereum chain made an important change in its direction by moving from PoW (proof of work) technology to PoS (proof of stake) in an event known as The Merge. ETH is the native token of the Ethereum chain and is the base cryptocurrency on which the blockchain charges all transfer fees. How to stake ETH in video In the following video you can see the entire process to stake Ethereum (ETH) in a simple and secure way. > How to stake ETH step by step In the following guide you will see step by step how to stake ETH safely and easily. Download and configure a Metamask wallet In order to stake ETH you will need an Ethereum compatible wallet. In this tutorial we have chosen Metamask, which is the most used and exists. You go to the official Metamask website and select the extension for your browser. We recommend using Chrome. Once the extension is installed, you must now create a new wallet from scratch or if you already have an old one, you must import it through your seed key. Contribute ETH to your wallet If you do not have any ether in your wallet, the next necessary step is to recharge your wallet with some ETH tokens to be able to stake. To do this you have to click on the extension and copy the address of your wallet that the wallet shows you. That address will be where you will have to send the ETH in order to continue with the staking process. If you do not have ETH in other wallets or a platform such as Binance, Kraken or similar, you will have to buy the ethers (ETH) that you want to stake through an exchange. To be able to buy ETH in a 100% reliable and secure way, you can enter the ETH markets section in Coingecko by clicking here. Once you have the ETH correctly stored in your Metamask wallet, you can proceed to the next step. Enter the LIDO platform Enter the website stake.lido.fi and click on the Conect wallet button to connect your Metamask wallet to the Lido interface and see your balance. Enter the amount of ETH Enter the amount of ETH you want to stake, press Submit and confirm the transaction using your Metamask wallet. Receive stETH tokens in exchange Once the previous step is completed, you have successfully carried out the ETH staking in Lido. Now if you want, you can open your Metamask wallet to confirm that you have correctly received stETH tokens, which represent your ETH tokens staked within Lido. Questions and answers about Ethereum (ETH) staking Below you can see the most common questions that all users who want to stake Ethereum ask themselves before starting their investment: Is it possible to stake natively on Ethereum? At this time it is already possible to stake natively on Ethereum but as long as you create a full node. To do this, you need to have 32 ETH and they will be blocked until the launch of phase 2, so in our tutorial we recommend using Lido as a staking platform. What options are there for staking Ethereum? Basically there are two options: do native staking (for which we will need a minimum of 32 ETH) or do it through providers like Lido, which allows staking with very small amounts. Furthermore, with native staking your ETH will be locked until the launch of phase 2 of Ethereum while with the other solution you can always unstake at any time and recover your ETH tokens. What are the risks in Ethereum staking? Staking an untrusted validator can put your funds at risk by receiving slashing penalties. CafeconCriptos Staking. With Lido is it possible to recover ETH? Everyone who stakes Lido receives stETH tokens in exchange for the ETH they have staked. Therefore, the user can convert their stETH tokens to the corresponding ETH at any time, unlike users who do native staking and who will have to wait for Ethereum to reach phase 2. How often will I receive my staking rewards? ETH? Lido ETH staking rewards are received daily. What is Lido? Lido is a liquid ETH staking platform that allows users two important advantages: to start staking Ethereum without needing 32 ETH to complete a validator node and additionally offering the ability to unstake your Ethereum staking at any time. . What is the commission that Lido charges? Lido currently charges 10% of the rewards generated by staking. Why should I stake with CafeconCriptos Staking? As we have mentioned previously, the key point when staking is to choose a validator that is trustworthy and completely secure, since otherwise we risk losing all our funds due to a possible scam or suffering from slashing.

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