How to Stake Toncoin (TON): A Step-by-Step Guide

Introduction

Staking Toncoin can be a great option for those who want to hold TON 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. Obtain Toncoin (TON) Tokens
In order to stake Toncoin, you need to have it. To obtain Toncoin, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
PrimeXBT Toncoin (TON) 2.85
Uphold Toncoin (TON) 2.85
EarnPark Toncoin (TON) 2.84
Kraken Toncoin (TON) 2.85
OKX Toncoin (TON) 2.85
YouHodler Toncoin (TON) 2.85
See all 62 prices
2. Choose a Toncoin Wallet
Once you have TON, you’ll need to choose a Toncoin wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
YouHodler Toncoin (TON) Up to 20 APY
Binance Toncoin (TON) Up to 3.5 APY
Bitget Toncoin (TON) Up to 4 APY
Kucoin Toncoin (TON) Up to 3 APY
See all 11 staking rewards
3. Delegate Your TON
We recommend using a staking pool when staking TON. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their TON, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
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 Toncoin network. You’ll be rewarded with TON for these validations.

Platform	Coin	Price
PrimeXBT	Toncoin (TON)	2.85
Uphold	Toncoin (TON)	2.85
EarnPark	Toncoin (TON)	2.84
Kraken	Toncoin (TON)	2.85
OKX	Toncoin (TON)	2.85
YouHodler	Toncoin (TON)	2.85

Platform	Coin	Staking rewards
YouHodler	Toncoin (TON)	Up to 20 APY
Binance	Toncoin (TON)	Up to 3.5 APY
Bitget	Toncoin (TON)	Up to 4 APY
Kucoin	Toncoin (TON)	Up to 3 APY

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.

Latest Movements

Toncoin (TON) is currently priced at 0 with a 24-hour trading volume of $235.72M. The market cap of Toncoin stands at $13.23B, with 2.54B TON in circulation. For those looking to buy or trade Toncoin, YouHodler offers avenues to do so securely and efficiently}

Market cap: $13.23B
24h volume: $235.72M
Circulating supply: 2.54B TON

See latest information

Frequently Asked Questions About Staking Toncoin (TON)

What are Toncoin (TON) staking rewards?: Toncoin staking rewards are incentives for participants who lock their TON to support network operations. Stay informed on rates, exchanges, and prices using tools on Bitcompare, which offer real-time comparisons and alerts.
How can I start staking Toncoin?: To start staking Toncoin, choose a reputable exchange or wallet supporting TON staking. For the best options, utilize Bitcompare to access updated exchange rates and helpful tools like sentiment analysis.
What factors can affect Toncoin staking rewards?: Factors influencing Toncoin staking rewards include network performance and staking conditions. Regularly check Bitcompare for reliable exchange rates and keep updated with the latest TON news.
How often are Toncoin staking rewards distributed?: The distribution frequency of Toncoin staking rewards depends on the platform you use. Verify specifics on Bitcompare, where you can compare exchange practices and stay updated with email alerts.
Is there a minimum amount required for staking Toncoin?: Staking requirements, including minimum amounts, vary by provider. Consult Bitcompare for a list of exchanges and staking conditions. Bookmark their page to stay informed promptly.
How can I ensure I’m making informed decisions on TON staking?: To make informed TON staking decisions, rely on tools such as real-time price comparisons and the latest news on Bitcompare. Stay updated to keep ahead of cryptocurrency market dynamics.
Can my staked Toncoin be lost?: Staked Toncoin carries risk depending on the platform's security. Regularly check Bitcompare for insights into reputable exchanges and security practices to minimize such risks.
Are there fees involved in Toncoin staking?: Staking fees vary by provider. Use Bitcompare for detailed fee comparisons from different exchanges. By bookmarking their page, stay informed and easily access this vital information.