Where and how to stake Fantom (FTM)

Introduction

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

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

   Platform	Coin	Price
   Nexo	Fantom (FTM)	0.71
   Bitpanda	Fantom (FTM)	0.71
   Uphold	Fantom (FTM)	0.71
   PrimeXBT	Fantom (FTM)	0.71
   Kraken	Fantom (FTM)	0.71
   OKX	Fantom (FTM)	0.71

   See all 28 prices

2. 2. Select a Fantom Wallet

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

   Platform	Coin	Staking rewards
   Bitpanda	Fantom (FTM)	Up to 2.00 APY

   See all 9 staking rewards

3. 3. Delegate Your FTM

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