Where and How to Stake Zilliqa (ZIL)

Introduction

Staking Zilliqa can be a great option for those who want to hold ZIL but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Zilliqa (ZIL) Tokens

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

   Platform	Coin	Price
   Uphold	Zilliqa (ZIL)	0.01
   EarnPark	Zilliqa (ZIL)	0.01
   YouHodler	Zilliqa (ZIL)	0.01
   OKX	Zilliqa (ZIL)	0.01
   Binance	Zilliqa (ZIL)	0.01
   MEXC Global	Zilliqa (ZIL)	0.01

   See all 45 prices

2. 2. Choose a Zilliqa Wallet

   Once you have ZIL, you'll need to choose a Zilliqa wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Uphold	Zilliqa (ZIL)	Up to 5% APY
   Kucoin	Zilliqa (ZIL)	Up to 7% APY
   Binance	Zilliqa (ZIL)	Up to 9.1% APY
   Bitmart	Zilliqa (ZIL)	Up to 1% APY

   See all 20 staking rewards

3. 3. Delegate Your ZIL

   We recommend using a staking pool when staking ZIL. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ZIL, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Start Validating

   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 Zilliqa network. You'll be rewarded with ZIL for these validations.

What to be Aware of

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.