How to Stake PRIME (PRIME) on Figment
Figment may not directly support PRIME staking, but you can still use Figment to buy PRIME and transfer it for staking.
Current APY
4.0%
Price
$1.03
Platform Fee
Varies
Platform Type
validator
Start Staking PRIME on Figment
Figment gives you full control of your assets. Your assets are insured.
Stake PRIME on Figment →Step-by-Step: Stake PRIME on Figment
1
Set up a wallet
Install a wallet compatible with PRIME's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.
2
Transfer PRIME to your wallet
Buy PRIME 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 PRIME 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: PRIME Staking on Figment
What APY can I earn staking PRIME on Figment?
The current estimated APY for PRIME staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking PRIME on Figment safe?
Figment is a non-custodial protocol with a medium risk profile for PRIME 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 PRIME from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your PRIME won't earn rewards.
What fees does Figment charge for PRIME staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake PRIME on other platforms?
Yes! You can compare all available platforms for PRIME staking on our How to Stake PRIME guide. Different platforms offer different APY rates, fees, and custody models.