Cold Staking Step by Step

Cold Staking Step by Step Tutorial

Callisto Web Wallet Overview

Callisto Web Wallet is the official wallet of Callisto Network. It is the ideal way to manage your Callisto Network coins (CLO) easily and safely. It also allows you to manage your Ethereum Classic (ETC) and Ethereum (ETH) coins, as well as tokens on the Callisto Network blockchain.

As the official Callisto Network coin ($CLO) wallet, the web wallet natively supports Cold Staking and allows you to earn passive income with your favorite crypto in just a few steps!

Navigate to the Callisto Web Wallet, by clicking here!
To get your first Callisto Network coins:

‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ • Gate.io.

‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ • 1inch.

‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ • PancakeSwap.

‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ • Uniswap.

‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ • SOY Finance.

What is Cold Staking?

Imagine Cold Staking as earning interest from a savings account, but in this case, it’s with your CLO cryptocurrency. It’s a secure and eco-friendly way to earn passive income without actively participating in blockchain validation processes.

Cold Staking Essential Points

Start Anytime: Begin staking at your convenience.

Duration: Each staking round lasts 27 days.

Transaction Fees: Maintain around 1 CLO in your wallet to cover fees.

Locking Duration: Longer durations, higher rewards.

Irreversible Locking: Funds cannot be withdrawn before the round ends, but rewards are claimable after each round.

 

Cold Staking Step by Step Tutorial

 

1. Visit: https://wallet.callisto.network, and click on the “Send Ether & Tokens “ tab.

 

2. Ensure you’ve selected “CLO” in the “Network” menu and unlock your wallet with the method of your choice.

 

3. Click “Start Staking V2” in the Cold Staking section.

 

4. Enter the desired CLO amount and staking period, then click “Yes, I’m sure! Make the transaction.” and confirm in your wallet.

 

5. Once approved, you will see the amount staked under “Staking Balance.“

‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ • If you do not see your staking balance, click the “Refresh” icon next to “Account Balance.”

‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ • Once the staking round is complete, the progress bar will show 100%, and your reward will be displayed.

Claim Your Cold Staking Rewards

Monitor the progress bar and claim rewards upon completion; you have two options for doing so:

‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎1. Claim Reward: For claiming after each round.

‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎2. Withdraw: To pull out the stake and reward at the end of the staking period.