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How to stake Binance Coin BNB

Earn up to 5% APY.

What you'll learn

  1. 1

    How to stake Binance Coin

    An in-depth guide on the best way to stake BNB.

  2. 2

    Statistics about Binance Coin staking.

    We have a lot of data on staking Binance Coin and we share some of this with you.

  3. 3

    Other coins you can stake.

    We show you some staking options with other coins that could be of interest.

Introduction

Staking Binance Coin is a great way to earn passive income while contributing to a blockchain network. If you're sitting on idle BNB, it can make a lot of sense to stake it and put it to good use. Below is a guide on exactly how to do that.

How to stake Binance Coin (BNB): A step-by-step guide

  1. 1

    Buy tokens

    In order to stake Binance Coin, you need to have it. To obtain Binance Coin, you'll need to purchase it. You can choose from these popular exchanges.

  2. 2

    Select a wallet

    Once you have BNB, you'll need to choose a Binance Coin wallet to store your tokens. Ledger is a popular option.

  3. 3

    Stake your tokens

    Staking pools are a great option when staking BNB. It's easier and faster to get up-and-running. A staking pool is a group of validators who combine their BNB, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.

  4. 4

    Start earning rewards

    You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Binance Coin network. You'll be rewarded with BNB for these validations.

Things to consider

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.

Custodial staking

The instructions above are for decentralized, non-custodial staking. We always recommend using non-custodial staking as you're in control of your keys and it's much safer.

In case you want to use a custodial staking platform, all you need to do is deposit BNB into your custodial wallet and it will automatically start earning rewards. Some platforms will require a minimum amount of time to stake your BNB tokens, while others are completely flexible.

See best BNB staking platforms

best platforms to stake Binance Coin

Frequently asked questions about staking Binance Coin (BNB)

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