Where and how to stake The Sandbox (SAND)

Introduction

Staking The Sandbox can be a great option for those who wish to hold SAND 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 The Sandbox (SAND) Tokens

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

   Platform	Coin	Price
   Nexo	The Sandbox (SAND)	0.29
   PrimeXBT	The Sandbox (SAND)	0.29
   Uphold	The Sandbox (SAND)	0.29
   YouHodler	The Sandbox (SAND)	0.29
   OKX	The Sandbox (SAND)	0.29
   M2	The Sandbox (SAND)	0.29

   See all 65 prices

2. 2. Select a The Sandbox Wallet

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

   Platform	Coin	Staking rewards
   YouHodler	The Sandbox (SAND)	Up to 7% APY
   Bitmart	The Sandbox (SAND)	Up to 1% APY

   See all 6 staking rewards

3. 3. Delegate Your SAND

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