Where and how to stake Terra (LUNA)

Introduction

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

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

   Platform	Coin	Price
   Bitpanda	Terra (LUNA)	0.42
   Kraken	Terra (LUNA)	0.43
   OKX	Terra (LUNA)	0.42
   YouHodler	Terra (LUNA)	0.42
   Binance	Terra (LUNA)	0.42

   See all 19 prices

2. 2. Select a Terra Wallet

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

   Platform	Coin	Staking rewards
   Kucoin	Terra (LUNA)	Up to 12 APY

   See all 7 staking rewards

3. 3. Delegate Your LUNA

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