How to Stake Polygon (MATIC)

Introduction

Staking Polygon can be an excellent choice for those looking to hold MATIC while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire Polygon (MATIC) Tokens

   To stake Polygon, you first need to acquire it. To obtain Polygon, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	Price
   Coinbase	Polygon (MATIC)	0,25 APY
   Kraken	Polygon (MATIC)	0,23 APY
   Luno	Polygon (MATIC)	0,6 APY
   BingX	Polygon (MATIC)	0,37 APY
   Bitfinex	Polygon (MATIC)	0,22 APY

   View all 22 prices

2. 2. Select a Polygon Wallet

   Once you have MATIC, you'll need to select a Polygon wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   Ankr	Polygon (MATIC)	Up to 2,65 % APY
   Atomic Wallet	Polygon (MATIC)	Up to 4,2 % APY
   Bitpanda	Polygon (MATIC)	Up to 5 % APY
   Exodus	Polygon (MATIC)	Up to 5,21 % APY

   Discover all 17 staking rewards available

3. 3. Delegate Your MATIC

   We recommend using a staking pool when staking MATIC. It's simpler and faster to get started. A staking pool is a collective of validators who pool their MATIC, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Polygon network. For these validations, you will be rewarded with MATIC.

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.