Where and how to stake Litecoin (LTC)

Introduction

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

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

   Platform	Coin	Price
   Nexo	Litecoin (LTC)	124.77
   PrimeXBT	Litecoin (LTC)	124.7
   M2	Litecoin (LTC)	124.74
   Uphold	Litecoin (LTC)	137.31
   Kraken	Litecoin (LTC)	124.9
   OKX	Litecoin (LTC)	124.83

   See all 61 prices

2. 2. Select a Litecoin Wallet

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

   Platform	Coin	Staking rewards
   YouHodler	Litecoin (LTC)	Up to 15 APY

3. 3. Delegate Your LTC

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