Where and how to stake BNB (BNB)

Introduction

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

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

   Platform	Coin	Price
   Nexo	BNB (BNB)	623.98
   Bitpanda	BNB (BNB)	620.50
   Uphold	BNB (BNB)	620.40
   EarnPark	BNB (BNB)	619.10
   Klink	BNB (BNB)	619.15
   PrimeXBT	BNB (BNB)	620.34

   See all 23 prices

2. 2. Select 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
   Bitpanda	BNB (BNB)	Up to 1.00 APY
   Klink	BNB (BNB)	Up to 2.00 APY
   Bitmart	BNB (BNB)	Up to 0.80 APY

   See all 10 staking rewards

3. 3. Delegate Your BNB

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