Where and how to stake Saga (SAGA)

Introduction

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

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

   Platform	Coin	Price
   Bitpanda	Saga (SAGA)	1.94
   Kraken	Saga (SAGA)	1.95
   Binance	Saga (SAGA)	1.94
   Bitmart	Saga (SAGA)	1.94
   Bitget	Saga (SAGA)	1.94
   Gate.io	Saga (SAGA)	1.94

   See all 8 prices

2. 2. Select a Saga Wallet

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

   Platform	Coin	Staking rewards
   Bitpanda	Saga (SAGA)	Up to 9.00 APY
   Bitget	Saga (SAGA)	Up to 16.00 APY
   Stakin	Saga (SAGA)	Up to 7.64 APY

3. 3. Delegate Your SAGA

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