How to Stake Bitcoin 2 (BTC2) on Figment

Figment may not directly support BTC2 staking, but you can still use Figment to buy BTC2 and transfer it for staking.

Current APY

12.0%

Price

$0.0583

Platform Fee

Varies

Platform Type

validator

Start Staking BTC2 on Figment

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

Stake BTC2 on Figment

Step-by-Step: Stake BTC2 on Figment

1

Set up a wallet

Install a wallet compatible with Bitcoin 2's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.

2

Transfer BTC2 to your wallet

Buy BTC2 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 BTC2 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: BTC2 Staking on Figment

What APY can I earn staking BTC2 on Figment?
The current estimated APY for BTC2 staking is around 12.0%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking BTC2 on Figment safe?
Figment is a non-custodial protocol with a high risk profile for BTC2 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 BTC2 from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your BTC2 won't earn rewards.
What fees does Figment charge for BTC2 staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake BTC2 on other platforms?
Yes! You can compare all available platforms for BTC2 staking on our How to Stake Bitcoin 2 guide. Different platforms offer different APY rates, fees, and custody models.