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Personal · Crypto, Trading and Commodities · Cryptocurrencies · Crypto Staking

Is my cryptocurrency sent to a third party during staking?

During staking, your assets (except ETH and MATIC) are held in Revolut-owned wallets, and you maintain ownership of tokens and rewards.

For ETH, your funds are deposited in the validator(s) on the network. However, Revolut maintains ownership and control of your funds on your behalf by managing the withdrawal keys to the funds in the validator(s).

For MATIC, your funds are deposited in the MATIC Master Staking Smart Contract on the network. However, Revolut maintains ownership and control of your funds on your behalf by managing the private keys to the funds staked.