How to Stake Ethereum (ETH) on Figment
Figment directly supports ETH staking. Here's how to get started and earn up to 2.4% APY.
Current APY
2.4%
Price
$2,181.69
Platform Fee
Varies
Platform Type
validator
Start Staking ETH on Figment
Figment gives you full control of your assets. Your assets are insured.
Stake ETH on Figment โStep-by-Step: Stake ETH on Figment
Set up a wallet
Install a wallet compatible with Ethereum's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.
Transfer ETH to your wallet
Buy ETH on an exchange and withdraw it to your wallet address.
Connect to Figment
Visit Figment's platform and connect your wallet. Make sure you're on the correct network.
Select a staking option
Choose the staking pool, validator, or vault that suits your risk tolerance and desired APY.
Stake and monitor
Confirm the transaction in your wallet. Monitor your staking position and rewards from Figment's dashboard.
Figment for ETH Staking: Pros & Cons
Pros
- + 40+ networks with institutional SLAs
- + Slash insurance from Lloyd's of London
- + Compliance tooling (tax reports, AML)
- + Non-custodial โ clients control keys
Cons
- - Primarily for institutions โ minimums are high
- - Not suitable for retail users
- - No liquid staking tokens
Other Platforms for ETH Staking
Exchange ยท 25โ35% commission on rewards
Exchange ยท 10โ15% commission on rewards
Liquid Staking ยท 10% of staking rewards (split: 5% node operators, 5% DAO treasury)
Liquid Staking ยท ~14% commission to node operators
Exchange ยท Fees built into displayed APY
Exchange ยท 10โ20% commission
Exchange ยท Built into rates
Liquid Staking ยท 10% of staking rewards
Liquid Staking ยท 2% of staking rewards
validator ยท 5โ10% commission
validator ยท 5โ10% commission