How to Stake BNB (BNB): A Step-by-Step Guide

Introduction

Staking BNB can be a great option for those who want to hold BNB 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 BNB (BNB) Tokens
In order to stake BNB, you need to have it. To obtain BNB, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Nexo BNB (BNB) 905,75
PrimeXBT BNB (BNB) 902,95
EarnPark BNB (BNB) 901,49
YouHodler BNB (BNB) 901,32
Binance BNB (BNB) 902,62
BTSE BNB (BNB) 901,98
See all 61 prices
2. Choose a BNB Wallet
Once you have BNB, you’ll need to choose a BNB wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
YouHodler BNB (BNB) Up to 7% APY
Ankr BNB (BNB) Up to 0,67% APY
Atomic Wallet BNB (BNB) Up to 5% APY
Binance BNB (BNB) Up to 0,32% APY
See all 19 staking rewards
3. Delegate Your BNB
We recommend using a staking pool when staking BNB. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their BNB, 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 BNB network. You’ll be rewarded with BNB for these validations.

Platform	Coin	Price
Nexo	BNB (BNB)	905,75
PrimeXBT	BNB (BNB)	902,95
EarnPark	BNB (BNB)	901,49
YouHodler	BNB (BNB)	901,32
Binance	BNB (BNB)	902,62
BTSE	BNB (BNB)	901,98

Platform	Coin	Staking rewards
YouHodler	BNB (BNB)	Up to 7% APY
Ankr	BNB (BNB)	Up to 0,67% APY
Atomic Wallet	BNB (BNB)	Up to 5% APY
Binance	BNB (BNB)	Up to 0,32% 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

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Market cap: US$100.23B
24h volume: US$1.09B
Circulating supply: 145,89M BNB

See latest information

Frequently Asked Questions About Staking BNB (BNB)

What are BNB earn rates and how do they work?: BNB earn rates refer to the interest or rewards you can earn by holding or staking Binance Coin (BNB) on various platforms. These rates can vary significantly depending on the service provider and current market conditions. Users can deposit their BNB into earning programs, where they earn interest over time, typically paid in BNB or other cryptocurrencies. To maximize your earnings, it is essential to compare rates across platforms using Bitcompare, which provides real-time updates and alerts on BNB earn rates.