Earn up to
11% APY
An in-depth guide on how to stake Band Protocol (BAND)
We have a lot of data on staking Band Protocol (BAND) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Band Protocol (BAND) is currently priced at US$11 with a 24-hour trading volume of US$8.04M. The market cap of Band Protocol stands at US$208.08M, with 154,44M BAND in circulation. For those looking to buy or trade Band Protocol, Atomic Wallet offers avenues to do so securely and efficiently}
Staking Band Protocol can be a great option for those who want to hold BAND 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.
In order to stake Band Protocol, you need to have it. To obtain Band Protocol, you'll need to purchase it. You can choose from these popular exchanges.
Once you have BAND, you’ll need to choose a Band Protocol wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| Atomic Wallet | Band Protocol (BAND) | Up to 11% APY |
| Binance | Band Protocol (BAND) | Up to 14,4% APY |
| Bitget | Band Protocol (BAND) | Up to 12% APY |
We recommend using a staking pool when staking BAND. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their BAND, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
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 Band Protocol network. You’ll be rewarded with BAND for these validations.
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.
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