stacky.

How to Stake Binance Staked SOL (BNSOL) on Figment

Figment may not directly support BNSOL staking, but you can still use Figment to buy BNSOL and transfer it for staking.

Current APY

5.3%

Price

$90.8

Platform Fee

Varies

Platform Type

validator

Start Staking BNSOL on Figment

Figment gives you full control of your assets. Your assets are insured.

Stake BNSOL on Figment →

Step-by-Step: Stake BNSOL on Figment

1

Set up a wallet

Install a wallet compatible with Binance Staked SOL's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.

2

Transfer BNSOL to your wallet

Buy BNSOL 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 BNSOL 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: BNSOL Staking on Figment

What APY can I earn staking BNSOL on Figment?
The current estimated APY for BNSOL staking is around 5.3%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking BNSOL on Figment safe?
Figment is a non-custodial protocol with a medium risk profile for BNSOL 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 BNSOL from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your BNSOL won't earn rewards.
What fees does Figment charge for BNSOL staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake BNSOL on other platforms?
Yes! You can compare all available platforms for BNSOL staking on our How to Stake Binance Staked SOL guide. Different platforms offer different APY rates, fees, and custody models.