Where and How to Stake Avalanche (AVAX)

Introduction

Staking Avalanche can be a great choice for those who want to hold AVAX but earn yield in a secure way while contributing to the network. The steps can be a little overwhelming, especially the first time you go through them. That’s why we’ve put this guide together for you.

Step-by-step Guide

1. 1. Get Avalanche (AVAX) Tokens

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

   Platform	Loonies	Price
   Nexo	Avalanche (AVAX)	18.12
   PrimeXBT	Avalanche (AVAX)	18.11
   Uphold	Avalanche (AVAX)	18.13
   EarnPark	Avalanche (AVAX)	18.28
   Kraken	Avalanche (AVAX)	18.13
   OKX	Avalanche (AVAX)	18.3

   See all 81 prices

2. 2. Select a Avalanche Wallet

   Once you have AVAX, you’ll need to choose a Avalanche wallet to store your tokens. Here are some good options.

   Platform	Loonies	Staking rewards
   Uphold	Avalanche (AVAX)	Up to 4.5 annual percentage yield
   YouHodler	Avalanche (AVAX)	Up to 13 annual percentage yield
   Binance	Avalanche (AVAX)	Up to 5 annual percentage yield
   Bitget	Avalanche (AVAX)	Up to 5 annual percentage yield
   MyCointainer	Avalanche (AVAX)	Up to 6.54 annual percentage yield

   See all 30 staking rewards

3. 3. Delegate Your AVAX

   We recommend using a staking pool when staking AVAX. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their AVAX, 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 Avalanche network. You'll be rewarded with AVAX 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.