LHV is the first bank in Estonia to offer crypto investors the staking option

10.11.2026

Initially, the staking solution will cover the Ethereum and Solana crypto assets, but LHV will extend this option to other crypto assets in the future.

‘Although the number of banks offering crypto services is growing worldwide, few offer the staking option. Yet, staking is an integral part of investing in crypto, without which a competitive offering at the global level is not possible,’ said Edgar Aronov, Head of Crypto Products at LHV. LHV will begin offering the solution directly via the app, and staking will take place via LHV’s partners, Coinbase and Bitstamp. According to Aronov, staking is, put simply, putting one’s own crypto assets to work, whereby the investor contributes to the secure operation of the blockchain network. In return for their contribution, investors are rewarded in the same cryptocurrency that they locked up for a certain period for staking.

For example, if the staking volume is 100 Solana tokens and the expected reward after their lockup time is 6 per cent, then 106 tokens will be returned to the investor’s portfolio. ‘Every crypto transaction has a service fee attached, and part of this goes to investors who have staked their crypto assets on the blockchain to validate transactions. The other part of the return comes from the issuance of new tokens. Ethereum, Solana, and many other crypto networks are constantly creating new tokens, which reach staking investors in return for keeping the crypto network secure,’ he explained.

Staking rewards depend primarily on the issuance of new tokens, the level of activity on a particular blockchain, and the demand for that network. For example, if a crypto asset created in the Solana network gains popularity, leading to an increase in its purchase volume and trading activity, this will also mean a higher potential return for investors. Like the economy, the crypto market is cyclical; in other words, the size of staking rewards is constantly changing. According to Aronov, the crypto assets selected at LHV can generate staking returns of up to 7 per cent per year. ‘The staking solution is primarily intended for long-term investors who have acquired crypto assets for investment rather than trading, and who do not plan to sell them in the near future. In that case, it’s definitely worth looking into the staking solution,’ noted Aronov.

Investors should bear in mind that during the staking period, their crypto assets are locked and cannot be traded. An active position can be removed from staking, but the time of releasing the assets depends on the network conditions. ‘This shows once again that the staking solution could appeal particularly to crypto investors who wish to take long-term positions and are looking for additional ways to put their assets to work for them,’ said Aronov.

Staking forms part of the expansion of LHV’s crypto offering, and along with that, LHV introduced the possibility to also trade crypto in US dollars. This gives customers access to a significantly wider range of crypto assets and creates better trading opportunities, since much of the liquidity in the crypto market is in that currency. LHV is constantly developing its crypto services and offering investors an ever-wider and more competitive range of options.