Bitstamp has launched Ethereum (ETH) and Cardano (ADA) staking services in the UK through its new Bitstamp Earn Staking service.
UK customers can stake ETH directly via their Bitstamp accounts, with staking being automatically enabled for ADA deposits, offering returns up to 3.10% APY for Ethereum and 1% for Cardano.
The UK Treasury's regulatory changes in January 2025 provided legal clarity for staking activities, allowing exchanges like Bitstamp to offer staking without traditional fund management challenges.
Bitstamp plans to distribute rewards on a weekly or monthly basis, with no lock-up periods imposed by Bitstamp, though staking networks may have their own terms and fees.