Where and how to stake Avalanche (AVAX)

Introduction

Staking Avalanche can be a great option for those who wish to hold AVAX 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 Avalanche (AVAX) Tokens

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

   Platform	Coin	Price
   Nexo	Avalanche (AVAX)	33.69
   Bitpanda	Avalanche (AVAX)	34.52
   Uphold	Avalanche (AVAX)	34.01
   EarnPark	Avalanche (AVAX)	34.86
   Klink	Avalanche (AVAX)	34.58
   PrimeXBT	Avalanche (AVAX)	34.47

   See all 29 prices

2. 2. Select a Avalanche Wallet

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

   Platform	Coin	Staking rewards
   Uphold	Avalanche (AVAX)	Up to 4.50 APY
   Bitpanda	Avalanche (AVAX)	Up to 6.00 APY
   Klink	Avalanche (AVAX)	Up to 8.00 APY
   Bitmart	Avalanche (AVAX)	Up to 0.30 APY

   See all 16 staking rewards

3. 3. Delegate Your AVAX

   We suggest using a staking pool for staking AVAX. It's easier and quicker to get started. A staking pool is a collection of validators who combine their AVAX, 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 Avalanche network. You'll be rewarded with AVAX 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.