How to stake Solana with the Phantom wallet - liquid staking - tutorial - Jito staked Sol
In this Phantom Wallet tutorial I will show you how you can stake Solana. You can stake traditionally through the Phantom wallet or you can Liquid stake Solana as well. When you're liquid staking solana in Phantom wallet you will receive another token called Jito sstaked Sol.. You can use your Jito staked sol on lending protocols and other Defi services just as you would with Solana. When you want to unstake your Jito tokens, all you do is swap them back into Solana or any other crypto you chose. In this Phantom Wallet tutorial I will demonstrate this process step by step. This video is NOT financial advice and is for educational purposes only. Always do your own research before staking Solana or before using a hot wallet (including the Phantom Wallet)
You can get Phantom wallet here :https://phantom.app/
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Disclaimer:
Kiel Wilson is neither an investment advisory service nor a financial advisor. Trading has large potential risk, you must be aware of the risks and be willing to accept them. Do not trade with money you can not afford to lose. Data and information provided through the Kiel Wilson's channel & videos is solely for entertainment and informational purposes. Nothing in this channel or videos and the information provided in it should be construed as a recommendation to buy or sell Stocks, Futures, Indices, Forex, Cryptocurrencies, or Commodities. Investing in Cryptocurrency, Bitcoin, or tokens is highly speculative and the market is largely unregulated - therefore anyone considering it should be prepared to lose their entire investment. CFD's, Futures, & Derivatives are complex instruments and come with a high risk of losing money rapidly. Futures, stocks and options trading involves substantial risk of loss and is not suitable for every person. Most retail investor accounts lose money when trading these instruments. It's up to you to do your won research and decide whether you understand how these work and whether you can afford to take the high risk of losing your money. Trade at your own risk, Invest at your own risk and understand that these videos are simply for entertainment purposes only.
Timestamps
00:00 Intro
00:36 Creating new wallet
02:52 Deposit Solana
06:07 Staking Solana
13:52 Outro
#stakingsolana #phantomwallet #liquidstaking #solana #sol #crypto #cryptocurrency
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