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How to Stake Xertra (STRAX) on Figment

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

Current APY

12.0%

Price

$0.0131

Platform Fee

Varies

Platform Type

validator

Start Staking STRAX on Figment

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

Stake STRAX on Figment →

Step-by-Step: Stake STRAX on Figment

1

Set up a wallet

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

2

Transfer STRAX to your wallet

Buy STRAX 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 STRAX 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: STRAX Staking on Figment

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