Where and how to stake Ethereum (ETH)

Introduction

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

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

   Platform	Coin	Price
   Nexo	Ethereum (ETH)	3.24K
   Bitpanda	Ethereum (ETH)	3.16K
   Uphold	Ethereum (ETH)	3.16K
   EarnPark	Ethereum (ETH)	3.15K
   Klink	Ethereum (ETH)	3.16K
   PrimeXBT	Ethereum (ETH)	3.16K

   See all 30 prices

2. 2. Select a Ethereum Wallet

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

   Platform	Coin	Staking rewards
   Nexo	Ethereum (ETH)	Up to 3.50 APY
   Uphold	Ethereum (ETH)	Up to 3.00 APY
   Bitpanda	Ethereum (ETH)	Up to 4.00 APY
   YouHodler	Ethereum (ETH)	Up to 4.00 APY
   Klink	Ethereum (ETH)	Up to 3.20 APY
   Bitmart	Ethereum (ETH)	Up to 4.50 APY

   See all 27 staking rewards

3. 3. Delegate Your ETH

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