Holding Ethereum or Solana on Coinmate? With Earn you can put them into staking right from your account. No need to move them to another platform or set up your own wallet. You receive your reward every month in Czech koruna.

You switch Earn on with a single toggle in the Main overview. Coinmate takes care of the technical side.

What you get rewarded for

Ethereum and Solana run on a principle called staking. It helps verify transactions and keeps their networks running securely.

With some cryptocurrencies, transactions aren't verified by miners. Instead, the network uses so-called validators. Validators check new transactions, confirm they're correct, and help create new blocks. To join this process, they lock a certain amount of coins into the network. This shows they have a stake in the network working properly. For their work, they receive rewards.

Staking on your own can be technically demanding. You need to set up your wallet correctly, choose a validator, and keep an eye on the network's conditions. With some services, you also have to factor in locked funds or waiting for them to be released.

Coinmate Earn simplifies this process. You just switch Earn on and agree to the terms. Coinmate handles the technical side of putting your funds to work, managing validators, and calculating rewards.

Your Ethereum or Solana isn't used up by staking. It stays part of your balance and you can keep working with it. For putting it to work in the network, you receive a share of the rewards generated.

To take part, you need at least:

• 0.2 ETH
• 2 SOL

When you buy more ETH or SOL later, the new funds join Earn automatically. They're factored into the reward calculation from the next counted day.

How much Earn pays

The indicative net annual rate is roughly 1.5% for ETH and 3.5% for SOL.

This isn't a fixed interest rate like a savings account. Reward amounts change according to the rules and current conditions of each network. They can be affected by factors such as the total amount of coins in staking, network activity, or a change in validator rewards.

The rate can therefore rise or fall over time. You'll always see the current indicative value right in Coinmate.

The rates shown are indicative. The reward amount is not guaranteed.

When the reward starts counting

We calculate the reward day by day. What matters is the amount of funds in Earn at midnight.

When you switch Earn on during the day, the first day starts counting from the following midnight. Switch Earn on, say, on the 15th of the month? You'll receive the reward for the remaining counted days.

If you switch it off during the month, you don't lose the reward you've already earned. We include every day your funds were at work. We don't charge any contractual penalty for switching Earn off.

The reward amount always reflects the actual amount of ETH or SOL at work on each day. When you sell, exchange, or withdraw part of your funds, the next reward adjusts automatically.

Why we pay the reward in koruna

We send the reward once a month, always on the first day of the month. We credit it in koruna directly to your Coinmate account.

A payout in koruna makes record-keeping simpler than a reward paid in the given cryptocurrency.

With a reward in Ethereum or Solana, two separate taxable events can arise. The first occurs when you receive the reward. The second can arise when you later sell, exchange, or use it to buy goods or services. That's why you'd need to record the value of each reward received, and then also the price at which it was sold or exchanged.

With a reward paid in koruna, only income at the moment it's credited arises. No new crypto asset is created whose later sale could represent a second taxable event.

The Earn reward is taxable income under Section 8 of the Income Tax Act. Its specific impact, however, depends on your personal tax situation. If anything is unclear, consult your tax advisor. Coinmate will provide you with a transparent list of rewards received for the given tax period.

Your funds aren't locked

You can keep holding, buying more of, exchanging, selling, or withdrawing the Ethereum and Solana in Earn. You don't have to wait for the end of a fixed period or request the release of your funds.

You can also switch Earn off at any time. You pay no fee for ending early. With every change, the next reward is calculated automatically based on the actual amount of funds at work on each day.

Earn can run alongside your regular buying and selling. You don't have to change how you use your account.

Why we support only ETH and SOL for now

At launch, Earn is available for Ethereum and Solana. Both networks use staking and are also among the most commonly held assets of our clients.

Not all cryptocurrencies support staking. Bitcoin, for example, works on a different principle, so it can't be put to work the same way.

We want to expand the offering step by step. But we give priority to features that are well tested, clear, and reliable. We'll let you know if we add more assets.

Where to find Earn

Pro anglickou mutaci: Earn is available on all platforms: in the Coinmate web version on desktop and mobile browser, as well as in the mobile app.

Open the Main overview, switch Earn on, and agree to the terms. If you meet the minimum balance, your ETH or SOL joins automatically.

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Earn rewards are not guaranteed and their amount changes according to network conditions. The rates shown are indicative. Earn does not constitute investment or tax advice. The decision to switch it on is always yours.

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