Where and How to Stake NEAR Protocol (NEAR)

Introduction

Staking NEAR Protocol can be a great choice for those who want to hold NEAR 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 NEAR Protocol (NEAR) Tokens

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

   Platform	Loonies	Price
   Nexo	NEAR Protocol (NEAR)	2.27
   PrimeXBT	NEAR Protocol (NEAR)	2.27
   Uphold	NEAR Protocol (NEAR)	2.27
   OKX	NEAR Protocol (NEAR)	2.26
   YouHodler	NEAR Protocol (NEAR)	2.26
   M2	NEAR Protocol (NEAR)	2.26

   See all 59 prices

2. 2. Select a NEAR Protocol Wallet

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

   Platform	Loonies	Staking rewards
   Uphold	NEAR Protocol (NEAR)	Up to 6 annual percentage yield
   YouHodler	NEAR Protocol (NEAR)	Up to 12 annual percentage yield
   Binance	NEAR Protocol (NEAR)	Up to 4.9 annual percentage yield
   Bitget	NEAR Protocol (NEAR)	Up to 9 annual percentage yield
   MyCointainer	NEAR Protocol (NEAR)	Up to 7.04 annual percentage yield

   See all 31 staking rewards

3. 3. Delegate Your NEAR

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