Bitstamp launches Bitstamp Earn Staking in the UK

Bitstamp, a prominent cryptocurrency exchange, has recently expanded its services in the UK, offering a new feature called Bitstamp Earn Staking. This enhancement allows crypto enthusiasts in the UK to engage in staking, a process where crypto holders support operations on a Proof-of-Stake (PoS) network by delegating their assets to a staking node operator to validate transactions.

The introduction of Bitstamp Earn Staking provides UK customers with the opportunity to not only maintain ownership of their digital assets but also diversify their crypto strategy and earn additional income. This new feature comes with flexible staking periods, ensuring that customers are not tied up for extended periods. Participants can expect potential returns of up to 3.10 per cent APY on Ethereum (ETH) and one per cent APY on Cardano (ADA), with rewards distributed weekly or monthly depending on the asset.

One of the main drivers behind this expansion is the UK Government’s decision in January 2025 to exclude staking from the collective investment scheme (CIS) regulation, allowing UK customers to stake Ethereum (ETH) directly from their Bitstamp accounts through the Bitstamp Earn program with ease. For those depositing Cardano (ADA) in their Bitstamp Earn accounts, staking is automatically enabled, although customers have the option to opt out of Cardano staking if they choose to do so.

James Sullivan, Bitstamp’s group general counsel and UK general manager, emphasized the company’s commitment to regulatory compliance and customer protection. He highlighted that Bitstamp’s staking service offers UK customers a secure way to earn returns of up to 3.10 per cent APY, showcasing how clear regulations can drive responsible innovation in the crypto space.

It’s important to note that Bitstamp does not impose any lock-up periods or conditions for staking independently from the protocol. However, specific PoS networks may have their own lock-up periods and conditions, along with staking commission fees. By offering this staking service, Bitstamp aims to provide UK customers with a reliable and compliant platform to engage in staking activities while abiding by evolving regulatory standards that balance innovation and consumer protection.

In conclusion, Bitstamp’s expansion of services in the UK with the introduction of Bitstamp Earn Staking presents a valuable opportunity for crypto enthusiasts to participate in staking through a trusted and regulated exchange, emphasizing the importance of regulatory clarity in fostering responsible innovation within the cryptocurrency industry.