How to Stake Cosmos (ATOM) on Trust Wallet in Just 3 Steps

Cosmos (ATOM) is known for its interoperable blockchain ecosystem, designed to enable communication between different blockchains. Staking ATOM allows holders to secure the network while earning passive rewards. If you're looking to stake Cosmos on Trust Wallet, this Stake Shark staking guide will walk you through the process in three simple steps.

Keep reading if you’d like to learn how to stake Cosmos (ATOM) on Trust Wallet and earn 16.6% APR in staking rewards with Stake Shark.

What is Cosmos Staking?

Cosmos staking involves delegating your ATOM tokens to a validator that participates in securing the network and validating transactions. In return, you earn staking rewards, which are paid out in ATOM. This is a secure and sustainable way to increase your ATOM holdings while supporting the decentralization of the Cosmos network.

Stake ATOM on Trust Wallet in 3 Steps

Trust Wallet is a user-friendly and non-custodial wallet that supports staking for several cryptocurrencies, including Cosmos (ATOM). Follow these steps to stake ATOM on Trust Wallet.

Step 1: Set up Your Trust Wallet

If you haven’t set up Trust Wallet yet, follow these instructions:

1. Download Trust Wallet from the App Store (iOS) or Google Play Store (Android).

2. Open the app and create a new wallet by following the prompts.

3. Securely back up your seed phrase. This 12-word recovery phrase is essential for accessing your wallet if your device is lost or compromised.

With your Trust Wallet ready, you can move on to the next step.

Step 2: Add Cosmos (ATOM) to Your Trust Wallet

You’ll need to ensure that your wallet is funded with ATOM tokens before you can stake:

1. Open Trust Wallet and tap the Receive button.

2. Search for "Cosmos" or "ATOM" and select it from the list.

3. Copy your ATOM deposit address.

4. Transfer ATOM from an exchange or another wallet to this address.

Once your ATOM tokens arrive in your Trust Wallet, you're ready to stake.

Step 3: Stake ATOM on Trust Wallet

With ATOM in your wallet, you can now stake it to earn rewards:

1. Open Trust Wallet and select Cosmos (ATOM) from your wallet balance.

2. Tap the More button and then choose Stake.

3. Review the list of validators and choose Stake Shark to delegate your ATOM to. Validators differ in performance, commission rates, and reputation, so take the time to select one that aligns with your goals.

4. Enter the amount of ATOM you wish to stake, then confirm the transaction.

Your ATOM will now be staked, and you’ll start earning rewards as soon as the delegation is confirmed.

Trust Wallet Cosmos (ATOM) Staking FAQ

Where can I find a Cosmos staking calculator?

You can use tools like the Staking Rewards Cosmos Calculator or Cosmostation. These platforms allow you to calculate potential rewards based on the amount of ATOM staked, the validator’s commission, and the network’s current yield.

Can you stake Cosmos on Trust Wallet?

Yes, Trust Wallet fully supports Cosmos (ATOM) staking. You can delegate your ATOM to a validator and earn rewards directly from within the app.

How much Cosmos to stake on Trust Wallet?

You can stake as much ATOM as you want on Trust Wallet. The more you stake, the higher your potential rewards, especially as rewards are compounded over time.

What’s the minimum Cosmos to stake on Trust Wallet?

The minimum amount to stake ATOM with Stake Shark validator is 1 ATOM, but it’s always a good idea to have a little extra ATOM available to cover transaction fees.

Is it safe to stake Cosmos on Trust Wallet?

Yes, Trust Wallet is a non-custodial wallet, meaning you have full control over your private keys and funds. However, make sure to choose a reliable validator to avoid potential issues like slashing, although this is rare on the Cosmos network.

How long does it take to stake Cosmos on Trust Wallet?

Once you’ve staked your ATOM, it may take some time (usually within a few minutes to an hour) for your delegation to go through, but you will start earning rewards after the next epoch begins. Epochs on Cosmos generally last 24 hours.

Conclusion

Staking Cosmos (ATOM) on Trust Wallet is a quick and easy process that requires only a few steps. Once you set up your Trust Wallet, fund it with ATOM, and stake your tokens, you’ll be able to passively earn staking rewards while helping to secure the Cosmos network.

However, it’s important to understand that Trust Wallet is not actually responsible for generating rewards for you or delegating your tokens for staking. Trust Wallet is simply an intermediary that facilitates the staking of your tokens on a validator node. Validators like Stake Shark are responsible for safeguarding your assets and enhancing the network security of the entire Cosmos blockchain.

Furthermore, validators generate rewards for your contribution and ensure that these rewards are delivered to your staked balance, earning you compound interest in the long run.

There are also other ways to stake Cosmos, and you don’t necessarily have to use Trust Wallet. Check out the other options here.