Where and how to stake Ankr Network (ANKR)

Introduction

Staking Ankr Network can be a great option for those who wish to hold ANKR while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.

Step-by-Step Guide

1. 1. Acquire Ankr Network (ANKR) Tokens

   To stake Ankr Network, you need to have it. To obtain Ankr Network, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Uphold	Ankr Network (ANKR)	0.04
   Kraken	Ankr Network (ANKR)	0.04
   Binance	Ankr Network (ANKR)	0.04
   BTSE	Ankr Network (ANKR)	0.04
   Coinbase	Ankr Network (ANKR)	0.04
   Bitmart	Ankr Network (ANKR)	0.04

   See all 23 prices

2. 2. Select a Ankr Network Wallet

   Once you have ANKR, you’ll need to choose a Ankr Network wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Binance	Ankr Network (ANKR)	Up to 4.2 APY
   MyCointainer	Ankr Network (ANKR)	Up to 8.03 APY

3. 3. Delegate Your ANKR

   We suggest using a staking pool for staking ANKR. It's easier and quicker to get started. A staking pool is a collection of validators who combine their ANKR, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You'll have to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Ankr Network network. You'll be rewarded with ANKR for these validations.

What to Keep in Mind

You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.