Stakefish | Stake your crypto with a reliable validator

If you are into the crypto trading world, you might be aware of the different terms associated with it. Apart from trading crypto assets through crypto exchanges, there are platforms that allow you to stake your crypto holdings so that you can earn some interest on your staked crypto assets. This helps you to generate some passive income and also helps you in many other ways. Owing to that, a few platforms came into existence allowing you to stake crypto assets in the easiest possible ways. One such platform among many others is StakeFish.

If you think this platform is going to be the ultimate staking destination for you, then this informative piece of the read has got you covered.

Accessible via https://stake.fish/, this is a blockchain infrastructure and a platform that provides staking services. The main focus of the platform lies in helping individuals as well as organizations to take part in the several Proof-of-Stake blockchain networks that are otherwise hard to deal with. In short, we can say that StakeFish simplifies and upgrades the staking participation experience for all users. And, to do so, it provides features such as Validator node setup, options to monitor your staked assets and maintain your portfolio.

Here is how it works:

1. Set up of Validator Node: 

For the purpose of validating transactions, validator nodes are set up on different blockchain networks. So, StakeFish operates these nodes not only for the validation of transactions but also for the purpose of securing the network, and to help you take part in the consensus process.

2. Staking of tokens:

Apart from validating nodes, StakeFish also lets the token holders delegate their tokens to the validator nodes to take part in the security and decentralization of the blockchain network.

3. Distribution of rewards 

After staking and delegating your tokens, you become eligible to earn staking rewards which are done on the basis of your contribution to the network. Hence, the role of StakeFish is to handle all the technical aspects of this process.

StakeFish comes with several advantages and here are some of them:

• The platform has a widespread experience and knowledge in the field of staking. And, due to their deep understanding of different PoS blockchain networks, they can provide valuable insights and guidance to the clients on the whole staking process.

• To put it short, we can say that Stake Fish makes network participation on different PoS blockchain networks easy.

• Along with that, it also provides the facility for ETH Withdrawals for Validators.

• Its support for a wide range of networks makes it highly likable by the users. If you wish to know more about the supported networks, then you surely can refer to the section to follow. The wide range of staking networks helps in the diversification of portfolios.

• When you navigate to their platform, you find the user interface of the platform to be pretty simple allowing beginners to use it without much knowledge about the platform.

StakeFish, on its platform, supports staking through a wide range of blockchain networks which are as follows:

For the purpose of staking 32 ETH through this platform, here are the steps you need to follow:

1. Go to the official website of StakeFish and create a new account for yourself

2. Else, go to https://stake.fish/networks/ethereum and select the stake 32 ETH option present there

3. Fill out the given form, enter the staking amount i.e. 32 ETH, choose the option to connect to a wallet (MetaMask or WalletConnect), and complete the rest of the process

4. If you are new, complete the account registration form and then complete the KYC process

5. After setting up your account, navigate to the "Staking" section and choose the option to stake Ethereum

6. Now, review all the given staking terms and take review of the rewards

7. Confirm your action by authorizing the transaction

8. Further, you can keep on monitoring your staked assets and rewards