How to Stake TRON (TRX): A Step-by-Step Guide

Introduction

Staking TRON can be a great option for those who want to hold TRX 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 TRON (TRX) Tokens
In order to stake TRON, you need to have it. To obtain TRON, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Nexo TRON (TRX) 0.25
PrimeXBT TRON (TRX) 0.25
M2 TRON (TRX) 0.25
Uphold TRON (TRX) 0.25
EarnPark TRON (TRX) 0.25
OKX TRON (TRX) 0.25
See all 28 prices
2. Choose a TRON Wallet
Once you have TRX, you’ll need to choose a TRON wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
YouHodler TRON (TRX) Up to 7 APY
Binance TRON (TRX) Up to 2.8 APY
Bitmart TRON (TRX) Up to 1.5 APY
See all 10 staking rewards
3. Delegate Your TRX
We recommend using a staking pool when staking TRX. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their TRX, 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 TRON network. You’ll be rewarded with TRX for these validations.

Platform	Coin	Price
Nexo	TRON (TRX)	0.25
PrimeXBT	TRON (TRX)	0.25
M2	TRON (TRX)	0.25
Uphold	TRON (TRX)	0.25
EarnPark	TRON (TRX)	0.25
OKX	TRON (TRX)	0.25

Platform	Coin	Staking rewards
YouHodler	TRON (TRX)	Up to 7 APY
Binance	TRON (TRX)	Up to 2.8 APY
Bitmart	TRON (TRX)	Up to 1.5 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

TRON (TRX) is currently priced at $1.5 with a 24-hour trading volume of $1.34B. The market cap of TRON stands at $21.63B, with $86.18B TRX in circulation. For those looking to buy or trade TRON, YouHodler offers avenues to do so securely and efficiently}

Market cap: $21.63B
24h volume: $1.34B
Circulating supply: $86.18B

See latest information

Frequently Asked Questions About Staking TRON (TRX)

What is TRON (TRX) staking?: TRON (TRX) staking involves holding TRX tokens to support the network and earn rewards. This process helps maintain the network's security and performance while offering users an opportunity to earn TRX.
How long does TRON staking last?: The duration of TRON staking can vary depending on the platform or wallet used. Typically, users can choose flexible or fixed terms. Check your platform for specific details and explore options on Bitcompare for current terms.
What are the rewards for staking TRON?: Staking rewards for TRON vary across platforms. Users earn rewards based on the amount of TRX staked and the staking term. Use Bitcompare for real-time rate comparisons and stay informed about earnings potential.
Can I unstake TRON anytime?: Depending on the staking platform, unstaking conditions can vary. Some allow flexible unstaking, while others may have lock-up periods. Check the platform specifics and monitor platform rates using Bitcompare for guidance.
Is staking TRON safe?: Staking TRON is generally considered safe, but risks exist. Use trusted platforms and regularly check Bitcompare for the latest news, alerts, and sentiment analysis to stay informed about potential risks.
How can I maximize TRON staking rewards?: To maximize rewards, compare platforms, rates, and terms on Bitcompare. Stay updated with the latest news and trends. Regularly check tools on Bitcompare and bookmark the page to stay ahead of market changes.
How often are TRON staking rewards distributed?: Distribution frequency varies by platform. Some provide weekly rewards; others may differ. Keep informed using Bitcompare to check specific platform details and any updates regarding reward schedules.
What happens to my TRON when I stake it?: When you stake TRON, your tokens are locked in a smart contract, supporting network operations. Your TRX remains in your possession, and you earn rewards. Use Bitcompare for updated staking insights and trends.