Where and How to Stake USDC (USDC)

Introduction

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

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

   Platform	Loonies	Price
   Nexo	USDC (USDC)	1
   EarnPark	USDC (USDC)	1
   Kraken	USDC (USDC)	1
   OKX	USDC (USDC)	1
   YouHodler	USDC (USDC)	1
   M2	USDC (USDC)	1

   See all 60 prices

2. 2. Select a USDC Wallet

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

   Platform	Loonies	Staking rewards
   YouHodler	USDC (USDC)	Up to 18 annual percentage yield
   Binance	USDC (USDC)	Up to 15 annual percentage yield

   See all 4 staking rewards

3. 3. Delegate Your USDC

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