How to Stake Avalanche (AVAX) on Figment
Figment may not directly support AVAX staking, but you can still use Figment to buy AVAX and transfer it for staking.
Current APY
1.9%
Price
$9.04
Platform Fee
Varies
Platform Type
validator
Start Staking AVAX on Figment
Figment gives you full control of your assets. Your assets are insured.
Stake AVAX on Figment →Step-by-Step: Stake AVAX on Figment
1
Set up a wallet
Install a wallet compatible with Avalanche's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.
2
Transfer AVAX to your wallet
Buy AVAX on an exchange and withdraw it to your wallet address.
3
Connect to Figment
Visit Figment's platform and connect your wallet. Make sure you're on the correct network.
4
Select a staking option
Choose the staking pool, validator, or vault that suits your risk tolerance and desired APY.
5
Stake and monitor
Confirm the transaction in your wallet. Monitor your staking position and rewards from Figment's dashboard.
Figment for AVAX Staking: Pros & Cons
Pros
- + 40+ networks with institutional SLAs
- + Slash insurance from Lloyd's of London
- + Compliance tooling (tax reports, AML)
- + Non-custodial — clients control keys
Cons
- - Primarily for institutions — minimums are high
- - Not suitable for retail users
- - No liquid staking tokens
FAQ: AVAX Staking on Figment
What APY can I earn staking AVAX on Figment?
The current estimated APY for AVAX staking is around 1.9%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking AVAX on Figment safe?
Figment is a non-custodial protocol with a medium risk profile for AVAX staking. As a non-custodial platform, you retain control of your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake AVAX from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your AVAX won't earn rewards.
What fees does Figment charge for AVAX staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake AVAX on other platforms?
Yes! You can compare all available platforms for AVAX staking on our How to Stake Avalanche guide. Different platforms offer different APY rates, fees, and custody models.