Latest Movements
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- Market cap
- US$12.55B
- 24h volume
- US$512.26M
- Circulating supply
- 589.26T SHIB
Earn up to
15% APY
An in-depth guide on how to stake Shiba Inu (SHIB)
We have a lot of data on staking Shiba Inu (SHIB) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
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Staking Shiba Inu can be a great option for those who want to hold SHIB 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.
In order to stake Shiba Inu, you need to have it. To obtain Shiba Inu, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| YouHodler | Shiba Inu (SHIB) | 0.000008438 |
| Binance | Shiba Inu (SHIB) | 0.00000844 |
| BTSE | Shiba Inu (SHIB) | 0.00000846 |
| OKX | Shiba Inu (SHIB) | 0.00001234 |
| Uphold | Shiba Inu (SHIB) | 0.00001307 |
| Bake | Shiba Inu (SHIB) | 0.00000842 |
Once you have SHIB, you’ll need to choose a Shiba Inu wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| YouHodler | Shiba Inu (SHIB) | Up to 15% APY |
We recommend using a staking pool when staking SHIB. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their SHIB, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
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 Shiba Inu network. You’ll be rewarded with SHIB for these validations.
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.