How to Stake Ankr Network (ANKR): A Step-by-Step Guide

Introduction

Staking Ankr Network can be a great option for those who want to hold ANKR but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. Obtain Ankr Network (ANKR) Tokens
In order to stake Ankr Network, you need to have it. To obtain Ankr Network, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Binance Ankr Network (ANKR) 0.01
BTSE Ankr Network (ANKR) 0.01
Coinbase Ankr Network (ANKR) 0.01
Kraken Ankr Network (ANKR) 0.01
Uphold Ankr Network (ANKR) 0.02
Azbit Ankr Network (ANKR) 0.01
See all 46 prices
2. Choose a Ankr Network Wallet
Once you have ANKR, you’ll need to choose a Ankr Network wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
Ankr Ankr Network (ANKR) Up to 2.95% APY
Binance Ankr Network (ANKR) Up to 1.7% APY
See all 5 staking rewards
3. Delegate Your ANKR
We recommend using a staking pool when staking ANKR. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ANKR, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
You’ll need to wait for your deposit to be confirmed by your wallet. Once it’s confirmed, you’ll automatically validate transactions on the Ankr Network network. You’ll be rewarded with ANKR for these validations.

Platform	Coin	Price
Binance	Ankr Network (ANKR)	0.01
BTSE	Ankr Network (ANKR)	0.01
Coinbase	Ankr Network (ANKR)	0.01
Kraken	Ankr Network (ANKR)	0.01
Uphold	Ankr Network (ANKR)	0.02
Azbit	Ankr Network (ANKR)	0.01

Platform	Coin	Staking rewards
Ankr	Ankr Network (ANKR)	Up to 2.95% APY
Binance	Ankr Network (ANKR)	Up to 1.7% APY

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.