Where and How to Stake Sui (SUI)

Introduction

Staking Sui can be a great choice for those who want to hold SUI 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 Sui (SUI) Tokens

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

   Platform	Loonies	Price
   Uphold	Sui (SUI)	2.38
   Kraken	Sui (SUI)	2.38
   OKX	Sui (SUI)	2.37
   YouHodler	Sui (SUI)	2.38
   Binance	Sui (SUI)	2.38
   BTSE	Sui (SUI)	2.38

   See all 59 prices

2. 2. Select a Sui Wallet

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

   Platform	Loonies	Staking rewards
   Binance	Sui (SUI)	Up to 2.59 annual percentage yield
   Bitget	Sui (SUI)	Up to 3.4 annual percentage yield
   MyCointainer	Sui (SUI)	Up to 4.07 annual percentage yield
   Kucoin	Sui (SUI)	Up to 2.1 annual percentage yield

   See all 23 staking rewards

3. 3. Delegate Your SUI

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