Where and How to Stake Dash (DASH)

Introduction

Staking Dash can be a great option for those who want to hold DASH 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. 1. Obtain Dash (DASH) Tokens

   In order to stake Dash, you need to have it. To obtain Dash, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Uphold	Dash (DASH)	37.29
   Kraken	Dash (DASH)	37.14
   YouHodler	Dash (DASH)	37.27
   Binance	Dash (DASH)	37.31
   Coinbase	Dash (DASH)	37.27
   MEXC Global	Dash (DASH)	37.56

   See all 21 prices

2. 2. Choose a Dash Wallet

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

   Platform	Coin	Staking rewards
   Binance	Dash (DASH)	Up to 4.5 APY
   MyCointainer	Dash (DASH)	Up to 3.6 APY

3. 3. Delegate Your DASH

   We recommend using a staking pool when staking DASH. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their DASH, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 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 Dash network. You’ll be rewarded with DASH for these validations.

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.