Where and How to Stake STACKS (stacks)

Introduction

Staking STACKS can be a great option for those who want to hold stacks but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

1. 1. Obtain STACKS (stacks) Tokens

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

   Platform	Coin	Price
   Uphold	STACKS (stacks)	0.57
   Bitget	STACKS (stacks)	0.57
   MEXC Global	STACKS (stacks)	0.57
   Blockchain.com	STACKS (stacks)	0.32
   Bitmart	STACKS (stacks)	0.59
   BingX	STACKS (stacks)	0.57

   See all 21 prices

2. 2. Choose a STACKS Wallet

   Once you have stacks, you'll need to choose a STACKS wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Bitmart	STACKS (stacks)	Up to 1 APY

3. 3. Delegate Your stacks

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