Earn up to
3.73% p.a.
A comprehensive guide on how to stake Polygon (MATIC)
We have a wealth of data on staking Polygon (MATIC) and we're pleased to share some of this with you.
We present some staking options with other coins that may be of interest.
Polygon (MATIC) is currently priced at USD 5.21 with a 24-hour trading volume of USD 12.19M. The market cap of Polygon stands at USD 864.06M, with 1.92B MATIC in circulation. For those looking to buy or trade Polygon, Ankr offers avenues to do so securely and efficiently
Staking Polygon can be a great option for those who want to hold MATIC while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.
To stake Polygon, you need to own it. To obtain Polygon, you'll need to buy it. You can choose from these popular exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Binance | Polygon (MATIC) | 0.38 |
| Coinbase | Polygon (MATIC) | 0.2 |
| Kraken | Polygon (MATIC) | 0.23 |
| Luno | Polygon (MATIC) | 0.6 |
| Bake | Polygon (MATIC) | 0.24 |
Once you have MATIC, you'll need to choose a Polygon wallet to store your tokens. Here are some great options.
| Platform | Coin | Staking returns |
|---|---|---|
| Ankr | Polygon (MATIC) | Up to 2.78% p.a. |
| Atomic Wallet | Polygon (MATIC) | Up to 4.2% p.a. |
| Bitpanda | Polygon (MATIC) | Up to 5% p.a. |
We recommend using a staking pool when staking MATIC. It's simpler and quicker to get started. A staking pool is a group of validators who combine their MATIC, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Polygon network. You'll be rewarded with MATIC for these validations.
There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.
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