Looking to earn passive income on your DOT? By entering a DOT staking plan on Coinmetro, you can put your DOT to work and earn daily rewards — no complicated setup required!
This article covers everything you need to know to get started with staking DOT on Coinmetro on both web and mobile.
🪙 What is DOT?
Polkadot is an open-source sharded multichain protocol allowing an entire network of blockchains to be interoperable with each other. Designed as a foundation for Web3, the specialised network allows the cross-chain transfer of any data or asset type, not just tokens. The aim of the project is to enable a completely decentralised web where users are in control. Moreover, to free society from its dependence on a faulty internet system run by large institutions in a questionable fashion. Learn more
🔄 What Is DOT Staking?
DOT staking on Coinmetro allows you to lock your DOT into a staking plan and earn daily staking rewards. It’s a simple way to grow your crypto holdings passively. The longer you stake, the higher the rewards!
✅ Key Benefits:
Daily rewards, accrued in real-time
Multiple fixed-term options
Simple setup in just a few clicks or taps
No complicated wallets or conversions
🚀 How to Stake DOT on Coinmetro
You can stake DOT on both web and mobile in just a few steps.
⚠️ You’ll need at least 10 DOT available in your Coinmetro account to get started.
💻 How to Stake DOT on Web
💻 How to Stake DOT on Web
Log in to your Coinmetro account.
From your Dashboard, click Staking in the main menu.
Select DOT Staking from the dropdown list.
Once you're on the DOT Staking Platform, click Get Started.
Enter the amount of DOT you want to stake by using the slider.
Choose your staking duration — the longer you commit, the higher the APR (Annual Percentage Rate).
Click Confirm to begin staking.
Please ensure you have thoroughly read the DOT Staking Program Agreement before confirming your plan.
That’s it! You’re now earning passive income on your DOT.
📱 How to Stake DOT on the Mobile App
📱 How to Stake DOT on the Mobile App
Open the Coinmetro app and log in.
From the Home screen, tap the Menu icon (☰) in the top left corner.
Scroll down to the Staking section, and tap it to expand the menu.
Tap on DOT Staking.
Once you're on the DOT Staking platform, tap Get Started.
Enter the amount of DOT you want to stake by using the slider.
Choose your staking duration — the longer you commit, the higher the APR (Annual Percentage Rate).
Tap Confirm to begin staking.
Please ensure you have thoroughly read the DOT Staking Program Agreement before confirming your plan.
That’s it! You’re now earning passive income on your DOT.
💸 Staking Plans & Rewards
You’ll see a list of available staking terms on the DOT Staking Platform, each with a different APR:
3 Months: 5.1% APR*
6 Months: 8.4% APR*
1 Year: 10.2% APR*
*Please note that the APR for staking plans is variable, so these figures may not be accurate at the time of reading. Always check the APR on the DOT Staking platform before entering a plan.
💰 How to Cash Out Rewards
All staking plan rewards are calculated daily and are added to your pending staking rewards, which can be cashed out once every 24 hours by using the Cash Out Now button.
Once cashed out, the rewards are automatically added to your Coinmetro wallet balance and will be visible in your transaction history.
📊 Track Your Plan Anytime
You can monitor your staking progress via:
Dashboard → Staking → DOT Staking on web
Home → Menu (☰) → Staking → DOT Staking on mobile
There you’ll see:
The amount staked
The rewards earned and cashed out so far
Any rewards available to cash out
The staking plan end date
💬 Need Help?
Got a question? Our friendly customer support team is ready to help via live chat on the website or mobile app, or by email at hello@coinmetro.com.
FAQs
🪙 What is the minimum and maximum amount of DOT I can stake?
The minimum amount of DOT you can stake is 10 DOT.
The maximum amount of DOT you can stake is 10,000,000 DOT.
💸 Can I end my staking plan early?
Yes, you can end a staking plan before its end date. However, if you choose to end a staking plan early, you will incur a 50% penalty on your earned staking rewards.
💰 Is there a fee for staking?
There are no fees for staking or rewards. However, Coinmetro takes a portion of the staking yield to operate the service. This is already reflected in the APR displayed.
💵 Are rewards guaranteed?
The APR for staking rewards is variable, meaning it may change over time based on market conditions. Always check the APR before committing to a staking plan.