Where and how to stake Terra Luna Classic (LUNC)

Introduction

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

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

   Platform	Coin	Price
   Bitpanda	Terra Luna Classic (LUNC)	0.0001
   Uphold	Terra Luna Classic (LUNC)	0.0001
   Kraken	Terra Luna Classic (LUNC)	0.0001
   OKX	Terra Luna Classic (LUNC)	0.0001
   Binance	Terra Luna Classic (LUNC)	0.0001
   BTSE	Terra Luna Classic (LUNC)	0.0001

   See all 15 prices

2. 2. Select a Terra Luna Classic Wallet

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

   Platform	Coin	Staking rewards
   Bitmart	Terra Luna Classic (LUNC)	Up to 0.3 APY
   Bitget	Terra Luna Classic (LUNC)	Up to 8 APY

3. 3. Delegate Your LUNC

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