stacking ethereum
Hi,
So I have one question will I be able to stack my eth 2.0 directly on bitstamp and are there any additional requirements for instance minimum amount?
Thank you for answer.
O and since I am writing the post, when can I expect flair on bitstamp.
Have a nice day you all.
I’d suggest you check out our FAQ – section ‘Staking’ where you’ll receive all the needed information. If you’d like the early access to ETH staking, PM me or ping me on chat.
I don’t recommend it. Mine has been sat there ‘pending’ for a week with no deadline on when it will be complete.
With stacking I understand that funds in eth 2.0 can vary and that there are risks involved and I could loose rewards. However would Bitstamp ever take addition funds from any accounts to cover these losses?
This page https://www.bitstamp.net/faq/everything-you-need-to-know-about-eth-staking-at-bitstamp/ says
“Staking may result in losses amounting from 1 to 32 ETH2.”
How does this work. Say I stake 1 ETH2, and the value goes down by 2 ETH2, would the balance be -1 ETH2? If so, what happens. Would there be a debt associated on the account?