How to Stake Crypto on CoinSpot (2026 Update)

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Important: This information is general in nature and does not take into account your objectives, financial situation or needs. Crypto assets are high risk and volatile. Margin and derivatives trading can lead to significant losses.

Important Update: CoinSpot Earn Program Suspended

As of 2024, CoinSpot has suspended its Earn program (previously known as staking). This means you can no longer earn rewards by holding eligible cryptocurrencies on the CoinSpot platform.

CoinSpot has not announced when (or if) the Earn program will return. If you were previously earning rewards through CoinSpot Earn, those rewards are no longer being distributed.

We will update this page if CoinSpot reinstates its Earn program in the future.

What Was CoinSpot Earn?

CoinSpot Earn was a feature that allowed users to earn passive rewards on certain cryptocurrencies simply by holding them in their CoinSpot wallet. It was similar to staking, where you could earn interest on your crypto holdings without needing to do anything — just hold the coins in your account and rewards would be automatically credited.

The program supported a range of proof-of-stake (PoS) cryptocurrencies, and the rewards varied depending on the coin. It was a popular feature among Australian crypto holders who wanted to earn passive income on their investments.

Why Was CoinSpot Earn Suspended?

CoinSpot has not publicly disclosed the specific reasons for suspending the Earn program. However, the suspension likely relates to the evolving regulatory landscape in Australia. ASIC has been increasing its scrutiny of crypto products that offer yield or interest-like returns, and many exchanges have had to adjust their offerings to remain compliant.

This is part of a broader trend across the crypto industry, where exchanges worldwide have paused or discontinued earn/staking products due to regulatory uncertainty.

What Are Your Options Now?

If you were using CoinSpot Earn to generate passive income from your crypto, here are some things to consider:

1. Hold Your Crypto on CoinSpot

You can still hold your cryptocurrencies on CoinSpot — you just won't earn staking rewards. CoinSpot remains a secure and trusted exchange with strong security credentials (ISO 27001 certified, AUSTRAC registered). Your funds are safe, even though the Earn program is paused.

2. Withdraw to a Personal Wallet and Stake Directly

If you want to continue earning staking rewards, you can withdraw your proof-of-stake coins to a personal wallet and stake them directly on the blockchain. This gives you full control over your assets and allows you to participate in network validation.

For example:

Ethereum (ETH) — Can be staked via the Ethereum network (requires 32 ETH for solo staking, or use a liquid staking service)
Cardano (ADA) — Can be delegated to a stake pool using wallets like Daedalus or Yoroi
Solana (SOL) — Can be staked using wallets like Phantom or Solflare
Polkadot (DOT) — Can be nominated to validators using the Polkadot.js wallet

Keep in mind that staking directly requires more technical knowledge and you'll be responsible for the security of your own wallet.

3. Wait for CoinSpot Earn to Return

CoinSpot may reinstate its Earn program in the future once regulatory clarity improves. If you prefer the convenience of earning rewards through an exchange, you can keep your crypto on CoinSpot and wait for any announcements about the program's return.

Note: Always do your own research before staking or using any earn product. Understand the risks involved, including potential lock-up periods, slashing risks, and the possibility that rewards may change or cease.

What Is Crypto Staking?

For those new to the concept, staking is a way to earn rewards by holding certain cryptocurrencies. It's part of how proof-of-stake (PoS) blockchains work — instead of using energy-intensive mining (like Bitcoin), PoS networks rely on validators who "stake" their coins to help secure the network and process transactions.

In return for staking, you earn rewards — usually paid out in the same cryptocurrency you're staking. The annual percentage yield (APY) varies by coin and network conditions, but it's generally seen as a way to earn passive income on crypto you plan to hold anyway.

Types of Staking

Exchange Staking: Stake through a crypto exchange (like CoinSpot Earn was). The exchange handles the technical side, and you earn rewards automatically. Convenient but dependent on the exchange's policies.
Direct Staking: Stake directly on the blockchain using your own wallet. You have full control but need to manage the process yourself.
Liquid Staking: Stake your crypto and receive a liquid token in return (e.g., stETH for staked ETH). This lets you earn staking rewards while still being able to use or trade your assets.

Is CoinSpot Still a Good Exchange?

Yes — even without the Earn program, CoinSpot remains one of the most trusted and secure crypto exchanges in Australia. It offers:

530+ cryptocurrencies to buy, sell, and trade
ISO 27001 security certification (first Aussie exchange to achieve this)
AUSTRAC registration for regulatory compliance
24/7 live chat support with real humans
CoinSpot Mastercard to spend your crypto
Simple, beginner-friendly interface

If you're looking for a reliable Australian exchange to buy and hold crypto, CoinSpot is still a solid choice — just be aware that the Earn feature is currently unavailable.

Open CoinSpot Account →

Affiliate link. Crypto is volatile — you may lose money. Not financial advice.

Frequently Asked Questions

Can I still stake crypto on CoinSpot?

No. CoinSpot's Earn program (their staking feature) has been suspended and is not currently available. You can still hold crypto on CoinSpot, but you won't earn staking rewards.

When will CoinSpot Earn come back?

CoinSpot has not announced a timeline for reinstating the Earn program. It may return once there is more regulatory clarity around crypto yield products in Australia, but there's no guarantee.

What happened to my CoinSpot Earn rewards?

If you were earning rewards before the program was suspended, any rewards already credited to your account remain yours. However, no new rewards are being generated while the program is paused.

Can I withdraw my crypto from CoinSpot to stake elsewhere?

Yes. You can withdraw your cryptocurrencies from CoinSpot to a personal wallet and stake them directly on the blockchain or through another service. Standard network withdrawal fees apply.

Is my crypto safe on CoinSpot without the Earn program?

Yes. The suspension of the Earn program doesn't affect the security of your holdings. CoinSpot is ISO 27001 certified, AUSTRAC registered, and stores the majority of assets in cold storage. Your crypto remains secure on the platform.

Robert McDougall

Reviewer at Marketplace Fairness