How to Stake Cardano ADA (Yoroi Wallet Cardano Staking Tutorial)
Рет қаралды 140,185
Күн бұрынHow to stake Cardano ADA - Yoroi Wallet Cardano staking tutorial. Staking Cardano ADA in Yoroi is a simple process, first you need to set up your Yoroi wallet, deposit ADA into the wallet, the simple choose a ADA stake pool and stake ADA in Yoroi Wallet
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TIMESTAMPS:
0:00 Intro
0:30 Cardano ADA staking facts
2:31 How to use Yoroi Wallet
4:49 How to get ADA
5:31 How to deposit ADA to Yoroi Wallet
6:48 How to stake ADA in Yoroi Wallet
8:24 How to find a Cardano stake pool
9:31 Delegating ADA to a stake pool
10:54 Withdraw from a stake pool
11:25 ADA exchange staking
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@bertholdheisterkamp1944 2 жыл бұрын
structured, simple, logical - thank you for this best delegation confirmation I could find on youtube! nice video!
@SniperUSMC 2 жыл бұрын
Thank you! This was the best video on staking ADA I have seen. Everyone else talks to fast, leaves things out, and isn't as well planned out and concise as this video.
@ChillYourMind 2 жыл бұрын
Nice and thorough thank you.
@baigonbookings 2 жыл бұрын
Great content. Always. You’re thorough.
@bangkokjack 2 жыл бұрын
You always make the best Videos. Easy to understand. Clear and concise. Big ups brother.
@kindinohubert8962 2 жыл бұрын
THANKS MAN - EXCELLENT WORK.
@oliserv6225 2 жыл бұрын
Great & simple vid ! thanks mate
@maanslongbow64 2 жыл бұрын
Thank you! For too long I've been grudging over the complexity of getting a wallet. Well explained.
@mts2457 2 жыл бұрын
I still don't get it. I have coinbase, is that a wallet itself or i still need the yoroi thing?
@turnsoeasy 2 жыл бұрын
Thank you so much, this is a great great great video ! love all your videos, huge beneficial!
@lesliechan 2 жыл бұрын
Great video. Thank you!
@eurasian55 2 жыл бұрын
How do you not have a million subscribers. You have the ability to talk to newbies without making us feel like idiots and experienced users as well.. ❤❤🌸🌸
@keithod 2 жыл бұрын
Great video thanks man
@smokinjoe90 10 ай бұрын
great video, very helpful, thank you for sharing the info.
@xenomorph2259 3 жыл бұрын
Literally used this step by step. Thanks James!
@animenerd950 2 жыл бұрын
Man ur the best 👍💯
@canismajoris4168 2 жыл бұрын
Good stuff 👍
@2attal 2 жыл бұрын
Excellent video
@Evan_Rivero Жыл бұрын
Very helpful!
@egs-zs8-127 2 жыл бұрын
Thanks so much!
@marcodesira9932 3 жыл бұрын
Well done tutorial
@badbullss 3 жыл бұрын
I absolutely enjoy with all honesty watching all your content bro... I usually skip or fast forward other KZfaqrs videos except yours & Coin Bureau. Very crisp & clear, well spoken, detailed information. Perfectly executed my mans! Oh and not to mention, I feel like I’m listening to Richard Hammond which soothes my soul. Hahahah wishing you all the best brother! Stay safe!
@MoneyZG 3 жыл бұрын
Thank you man!
@learningstudent9915 Жыл бұрын
Thank you brother.
@swiberk 2 жыл бұрын
Is the ROA the net return? After the cost? Thanks excellent vid!
@wenderson8164 2 жыл бұрын
Excellent content. Just a question, what do you mean by not having custody of your assets?
@littledan6625 2 жыл бұрын
If I want to stake on different pools do I need to set up multiple wallets ?
@phyllise9827 3 жыл бұрын
When trying to stake, it asks you to confirm the staking registration on Ledger what am I confirmed it against? Is that steak and he located somewhere that I am verifying it’s correct?
@MaxRoyTheAGI 2 жыл бұрын
do you pay that 2ada fee every time you stake with a pool? so if i was wanted to move pool because it because less profitable i would be charged the fees again? would it be better for me to just keep my ada on Binance in 60day locked staking for 7.79%
@NaughtyJackal 3 жыл бұрын
AWESOME!
@officialteddyzanedogewarri2240 3 жыл бұрын
Thanks for watching. For more tips on how to grow your portfolio. Send a direct message right away on what's app....•+1^^2^^0^^1^^3^3^^8^^^0^^^4^^0^^^1,,
@Iwnd0 2 жыл бұрын
On mobile each transaction will have new address? What is used unused address? Can I used the used adress or should I always choose unused adress? Is it right if the adrress keep renewing every transaction?
@Brandon-tz5pn 2 жыл бұрын
Thank you
@jimmyneutron2515 2 жыл бұрын
Can you use a stake pool and also put your ADA into Ledger device at same time whilst also earning rewards or do u actually give you ADA over to the stake pool while your with them?
@tochukwuenemchukwu9364 2 жыл бұрын
Yoroi is great, ever tried staking with atomic wallet? Pretty easy there!
@ingversingvers3244 2 жыл бұрын
and stake goes to one single pool, not good for the network
@jimmyneutron2515 2 жыл бұрын
I have a ledger nano x device, can i stake my ada and also store my ada in my ledger device?
@kensvanek 3 жыл бұрын
Hello, what’s the best exchanger for crypto daily trading.. scalping or swing trade
@cd3415 2 жыл бұрын
When i deposit more ADA in my running staking pool do the 20 days begin from begin? How is this handled?
@edison-hon 2 жыл бұрын
staking on Yoroi vs Exahnges eg, Binance. is that any reward different or just the same? i find binance is must easier less worry as the third party will handle for us, just cant find a good reason to go for yoroi? maybe more benefic to stake yoroi?
@untitled.id-id 2 жыл бұрын
Wanna know this as well
@Ladida386 2 жыл бұрын
Thank you!
@bethanyquin4694 2 жыл бұрын
Have you heard about crypto investment?
@Ladida386 2 жыл бұрын
@@bethanyquin4694 I did. 👍✌️
@bethanyquin4694 2 жыл бұрын
@@Ladida386 how long have you been investing in crypto?
@Darksagan 3 жыл бұрын
Your channel is easily becoming one of my go to channels for real crypto info and guides. Thanks
@ahthisisgood 3 жыл бұрын
Excellent. Thank you.
@jmgj_ 2 жыл бұрын
nice video, i have a Q if i stake x amount and transfer more ADA to the wallet that amount will automaticly stake itself?
@millionairemotivation6035 2 жыл бұрын
You have to choose a pool
@hiimchris 2 жыл бұрын
If you already have Ada in a pool and you add to that wallet that’s already delegated it will automatically delegate that Ada to the pool. I’m not sure if it’s right away or at the next epoch. The only way to do two different pools is two different wallets
@deloisossola8069 2 жыл бұрын
A
@deloisossola8069 2 жыл бұрын
A
@BESTATHLETEONLINE 2 жыл бұрын
Whats difference between shelly or Byron
@drpaine7428 2 жыл бұрын
In the Yoroi wallet what timezone are the transactions timestamped ? I see a time listed but it doesnt say what timezone which is needed to file taxes .
@lasvegasbowingfanatic1666 2 жыл бұрын
how do you cancel delagation?
@szabolcsbenko1336 2 жыл бұрын
If I want to stake my rewards, do I need to put them in the pool or they are staked automatically?
@dragomirdemirov4900 2 жыл бұрын
Hi all, regarding withdraw ADA to the Yoroi wallet, the only ways are either via Binance or kraken. I am able to do so via Etoro as I have sufficient ADA there? Thanks in advance!
@sliceofsoup9230 2 жыл бұрын
Does this require a computer or can this be done on phone/tablet?
@AndreaAmedeo 3 жыл бұрын
How can I convert from a Byron to a Shelly wallet in order to delegate? It seem that Yoroi get’s stuck on finalizing the process 😅😅
@santiagotojo6855 3 жыл бұрын
Thanks
@azerpoda 2 жыл бұрын
great effort. It really helped alot. One question, what are staking "POOLS"? From my my idea, they collect ADA from individuals who staked and uses as a collateral for validation.
@chaosbreaker8737 2 жыл бұрын
Exactly 💯
@supraman8364 2 жыл бұрын
they do not collect your ADA, your ADA stays with you and you can choose to do whatever with it at any given time.
@blackswanism 3 жыл бұрын
currently, my yoroi wallet is staking ADA. can i send/add more ADA into it? will it automatically staked?
@cx1291 2 жыл бұрын
Great video. How do I re-stake my profits back into Yoroi?
@nicohzv 2 жыл бұрын
Folks, how stop delegation on a pool with Yoroi Wallet plz?
@juanchinito 2 жыл бұрын
Hello! Just want to ask why cant i withdraw my stake ada 1 week ago in yoroi wallet?
@LeoLeo-px5iq 2 жыл бұрын
I started saving adatokena in my wallet a week a go,then i started frying them at a pool,but a dat leter my tokens were sent an unknown address, please help me do i need to do?
@norigamizinho 2 жыл бұрын
Hello,sundaeswap is coming soon, should i stake my ada in yoroi until october or its better to wait?thks
@fabriziovalerga686 2 жыл бұрын
I'm also wondering about this. If I deregister from staking, can I delegate my ADA immediately? Meaning if Sundaeswap is launched can use cancel my staking and use it right away?
@0JUICEISL00SE 2 жыл бұрын
How long can cardano staking last? As long as cardano exists?
@antnovs 2 жыл бұрын
Is there a risk when staking ada there?
@MrsLiz 2 жыл бұрын
Can I stake and still pull my ADA into my cold wallet??
@TobyMayne1 2 жыл бұрын
if goat stake gives 5.55% and takes 3.40% doesn't that lower the net yield? so you wont get the full 5.55 right?
@mts2457 2 жыл бұрын
Yeah i don't get it
@jahairl227 3 жыл бұрын
Good video….
@crontitan 2 жыл бұрын
can you tell me how to unstake ?
@VenetaDimitrova 3 жыл бұрын
I am trying to do this, but when I hit "delegate" it prompts to connect with ledger. I do that, but when I hit "Continue" it says: "Something unexpected happened. Please retry." How can I see what is the problem that occurs? Any ideas?
@AR-nb1iv 2 жыл бұрын
try opening the ada app on your ledger before hitting continue
@wakenblakeyo 2 жыл бұрын
so do you have to really have 300 something ada to stake?? new to staking
@gurpreethanda3508 2 жыл бұрын
If our coins remains within our wallet then what are we stalking in pool? What delegates means? Exactly what happens when delegates?
@richardince6114 2 жыл бұрын
Is that return per month ? Or annually ???
@MrSkatebox09 2 жыл бұрын
What is the plus 340?
@heachi5000 2 жыл бұрын
Great video ..👍 But here , you did not tell us about Ada delegating fee..I saw in yours video Delegating fee round about 2.5 % + 340 Ada.. What is this..??? Do the delegation process cut my 340 Ada for delegation....???? If i want to stake 100 Ada thanhow much should I pay as Fee..??? And if i Want to stake 300 Ada than how much should Pay as Fee.. I would be great full to you if i will get answer... With Regards Bruce Perfect..
@martinzen 2 жыл бұрын
Is that return annual or monthly? still confused
@parishparsa 2 жыл бұрын
Is the spending password a different password than the one you created for wallet originally ?
@wrosebrock 2 жыл бұрын
Same
@cryptogandalf5754 3 жыл бұрын
Make also please a vid for the 1inch app/DEX - thx!
@cindygarcia6648 3 жыл бұрын
W...H…A...T...S...A...P...P +•1::3::4::3::8::0::1::3::0::5::8• ::Tell::Harry::I::referred::you..
@F_S_84 2 жыл бұрын
Messi, are you? Great tutorial, anyways!
@huckleberryfinn8795 2 жыл бұрын
🤣🤣
@pack018 2 жыл бұрын
Is the withdrawal instant or is there a waiting period?
@xocdr7725 2 жыл бұрын
Question: binance 60d staking gives you 7.79% APY, staking in a pool directly 4.6% APY. Why transfer to binance to yoroi to stake at a lower % than the platform you come from?
@mattlevy9289 2 жыл бұрын
Im in the same boat. But its definitely safer to have your crypto in yoroi and you have your own private keys unlike on binance where they still technically have control over your crypto. Depends how much that stuff bothers u i guess
@TheBadlev 2 жыл бұрын
you get 7.79% a year roughly, but binance only gives you the option of staking for 30,60,90 days so you'll never be staking for a year
@amazium 2 жыл бұрын
@@TheBadlev I don't really want to lock in for a year, so I am happy with the current 60 days and renewing when the end is reached. It locks in your winnings (since if for some reason you might need/want to sell during the duration of your term, you loose the gains you made. I regularly buy, so it also means that I can consolidate on a regular basis.
@abtarek 3 жыл бұрын
Can someone please explain how to take ADA out?? and I don't mean the rewards only. I can't seem to find information on how to take ADA out of delegation and back into Binance.
@terrj 3 жыл бұрын
Simple, just send them to the destitation address from your wallet. The staked ADA are not locked, nor deposited on another account. They stay in your wallet all the time. Therefore you can use them normally as if they would not be staked. It’s just superb, not? This is a unique feature of the Cardano staking protocol. BTW, as soon as you decise to transfer back your ADA from Binance, please consider to stake with my small pool. Ticker is MINI1. Cheers 🙋♂️🙂
@abtarek 3 жыл бұрын
Sorted out! thank you :)
@RansomBaby 2 жыл бұрын
Ledger Nano X says it doesnt support ADA???
@triplemoon1776 2 жыл бұрын
Im so confused, if you buy cardano at say 2.5$ and then put it in the yoroi wallet for staking, then next week the cardano increases to 5$, would you still make X2 ? or does that stop when you stake it ?
@mindfulmeditation7964 2 жыл бұрын
Your staked ada increases in value. Also your rewards you get from staking ada increase as well
@triplemoon1776 2 жыл бұрын
@@mindfulmeditation7964 even if its sent to yoroi from coin spot ?
@mindfulmeditation7964 2 жыл бұрын
@@triplemoon1776 yep
@nate2787 3 жыл бұрын
Accumulating and Staking as much ADA as humanly possible
@wakenblakeyo 2 жыл бұрын
i googled it said the entry was like 300 something but is that not true?? clearly not cuz u said i can do as low as 10. I have 100 Ada rn/ what would yall reccommend me do??
@Ehsan473 2 жыл бұрын
hi how can you unstack?
@khubabnizamani9299 2 жыл бұрын
How to unstake
@jason.martin 2 жыл бұрын
When staking ADA, do your rewards automatically get pooled in with your original amount? as in does it compound or is it collected in a separate section?
@davidstormzz8212 2 жыл бұрын
Well do you have a PC?
@jason.martin 2 жыл бұрын
found out it's compounded
@RoseAbundance 2 жыл бұрын
🔥🔥🔥🔥🔥
@Mazza666 2 жыл бұрын
Always send a small amount to make sure wallet address is correct
@amyjohn850 3 жыл бұрын
How long is an epoch? Thanks!
@nickholasnico2610 3 жыл бұрын
5 days
@sahil_khalifa 3 жыл бұрын
How does binance give higher rewards on locked staking?
@benastaraki2845 3 жыл бұрын
Right?? Isn’t Binance like 17%-20%?
@sahil_khalifa 3 жыл бұрын
@@benastaraki2845 yea for short term staking like 15 days they give upto 20% and for 7 days upto 32%. I wonder how do they pull it off.
@southern9292 3 жыл бұрын
Using Yoroi wallet, how do you determine cost basis of rewards for tax purposes?
@Kenji.95 3 жыл бұрын
Here just in case someone answers
@mattg5229 2 жыл бұрын
That's the fun part, you don't!
@yumyum408 2 жыл бұрын
@@mattg5229 so what does that mean?
@surajhegde1304 3 жыл бұрын
but Binance locked staking has more APY .. is this any better ?
@huckleberryfinn8795 2 жыл бұрын
Binance are scammers
@supraman8364 2 жыл бұрын
they lock up your coins for 90 days and technically theyre not giving you any ADA
@AlexPD01 2 жыл бұрын
@@supraman8364 they give after the time you have had your ada locked for passes, I have 9% ada for 90 days locked
@charles-ps6qh 2 жыл бұрын
When you say decentralised, does it mean that you don’t get tracked and have to pay tax on your profit gained?
@coryjohnson2486 2 жыл бұрын
Nope! You still have to pay Capital Gains tax on your profit, but ONLY if you SELL crypto for a profit. Decentralized just means that there isn’t a “central agency” (such as a bank) that controls cryto.
@charles-ps6qh 2 жыл бұрын
@@coryjohnson2486 thank you.
@Link5585 2 жыл бұрын
I got a question. I first invested in ADA a few months back and I made some gains on the exchange when the price went up. So my question is, if I move my ADA to the Yoroi Wallet will the gains I made through the price change disappear? I think I made like an extra $300 from initial investment. If anyone can help me understand this, it would be great!
@kelvinmax6839 2 жыл бұрын
What’s your issue
@The-Opium-Den 2 жыл бұрын
As a fellow Cardano holder, I know my answer is coming late to this comment, but I'll answer it anyway. You won't realize a profit until you sell your ADA for fiat or exchange it for a stablecoin. Simply holding onto your ADA is sufficient if you want to HODL for better price movements or if you want to stake it. Moving your ADA from your exchange's custodial wallet to another wallet of your choice should not affect the value of your ADA. The only thing you'll lose is a bit of ADA to pay the withdrawal fee from your exchange. Only a negative price fluctuation can wipe out whatever gains you made off of your ADA investment. I hope this helps.
@sliceofsoup9230 2 жыл бұрын
@@The-Opium-Den thanks
@gorden5819 2 жыл бұрын
If u deposit more Ada into the wallet will the Ada be automatically delegated to the stake pool you’ve delegated or will u need to manually delegate the deposited Ada?
@MoneyZG 2 жыл бұрын
auto
@gorden5819 2 жыл бұрын
@@MoneyZG thanks!!
@khubabnizamani9299 2 жыл бұрын
How to send ada metamask to yoroi?
@lukejoseph1823 2 жыл бұрын
I was having the same issues but it was resolved immediately after I wrote to YOROI WALLET INSTANT SUPPORT TEAM
@dunny4106 2 жыл бұрын
How long does it normally take for rewards to appear after epoch?
@revsisterhelen6048 2 жыл бұрын
Not long
@revsisterhelen6048 2 жыл бұрын
It doesn't take time
@johnnyenglish190 2 жыл бұрын
Thanks Messi
@hfc7917 2 жыл бұрын
Hello i staked a sizable amount of Ada on Yoroi I’ve waited 3 epics and I have not not received any rewards . The worst part is that I cannot react anyone to respond my questions. I don’t want to stop supporting the system but this is not working. Can someone please tell me some info ? I stake on 8/4. As of today. 3 epics haves pastry and nothing.
@trunkafunk 2 жыл бұрын
assuming you picked a pool, you should check the pool's stat's to make sure the node is up.
@tedahwooga 2 жыл бұрын
So how do you transfer the ada back to your bank account if you want to cash out? Do you need to transfer it back to an exchange again?
@katietutorial2450 2 жыл бұрын
I think you should engage the support on whatsp. They’re quick in response.
@katietutorial2450 2 жыл бұрын
939514.
@katietutorial2450 2 жыл бұрын
+12132
@bertone83 2 жыл бұрын
Just to be on the safe side: If I connect the Yoroi Wallet to my Ledger hardware wallet, I do NOT need to set up a password and recovery phrase, right?
@BESTATHLETEONLINE 2 жыл бұрын
Whats difference between shelly or Byron
@arroyomichael7373 2 жыл бұрын
You need dear very important
@wafsnipes23 2 жыл бұрын
I'm staking in one pool. How do I withdraw half of my Ada and put it into another one? Thank you so much.
@kc-me6wl 2 жыл бұрын
trying to figure this out myself- as i see the withdraw button greyed out...
@davidstormzzz4841 2 жыл бұрын
Will put you through
@adriastakepoolcardano 2 жыл бұрын
Check our channel on how to do it. Stake with us, Ticker : ADRIA
@tylerscott7307 2 жыл бұрын
Only one at a time
@coryjohnson2486 2 жыл бұрын
@@adriastakepoolcardano I’m interested… I’m gonna search for you guys
@brykit1972 3 жыл бұрын
How do you add ADA to an existing stake?
@terrj 3 жыл бұрын
Simple, just send them on the same wallet address and they will be added automatically. If you’re looking for a pool to stake, I would appreciate if you could stake with my small pool. The ticker is MINI1. Cheers 🙋♂️🙂
@brykit1972 3 жыл бұрын
@@terrj Thank you! I figured it'd be simple.
@dankjeenyus 2 жыл бұрын
Hello, Currently staking my ADA in the Kaiazen Crypto Stake Pool and have been getting rewards for a few weeks now. On the Desktop version of the Yoroi wallet, the sad part is under total rewards on the top of the page I have an error saying "Due to protocol update, the rewards are being recalculated." And the Wihdraw button is greyed out as well. Anyone know what is goin on or when this issue is supposed to be fixed? Thanks for any Suggestions or help.
@BESTATHLETEONLINE 2 жыл бұрын
Whats difference between shelly or Byron
@giovannilouis7947 2 жыл бұрын
How do I unstake my ada?
@Bootnerd3 3 жыл бұрын
Is USA ablyto do so
@officialteddyzanedogewarri2240 3 жыл бұрын
Thanks for watching. For more tips on how to grow your portfolio. Send a direct message right away on what's app....•+1^^2^^0^^1^^3^3^^8^^^0^^^4^^0^^^1,,
MoneyZG
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MoneyZG
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