Where and how to stake Binance-Peg NEAR Protocol (NEAR)

Introduction

Staking Binance-Peg NEAR Protocol can be a great option for those who wish to hold NEAR 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 Binance-Peg NEAR Protocol (NEAR) Tokens

   To stake Binance-Peg NEAR Protocol, you need to have it. To obtain Binance-Peg NEAR Protocol, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Kraken	Binance-Peg NEAR Protocol (NEAR)	2.16
   Coinbase	Binance-Peg NEAR Protocol (NEAR)	2.17
   Kucoin	Binance-Peg NEAR Protocol (NEAR)	2.16
   CoinEx	Binance-Peg NEAR Protocol (NEAR)	2.16
   Azbit	Binance-Peg NEAR Protocol (NEAR)	2.16
   Klink	Binance-Peg NEAR Protocol (NEAR)	2.16

   See all 12 prices

2. 2. Select a Binance-Peg NEAR Protocol Wallet

   Once you have NEAR, you’ll need to choose a Binance-Peg NEAR Protocol wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Kucoin	Binance-Peg NEAR Protocol (NEAR)	Up to 6% APY

3. 3. Delegate Your NEAR

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