Earn up to
2.95% APY
An in-depth guide on how to stake Ankr Network (ANKR)
We have a lot of data on staking Ankr Network (ANKR) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Ankr Network (ANKR) is currently priced at US$8.03 with a 24-hour trading volume of US$31.42M. The market cap of Ankr Network stands at US$357.71M, with 10B ANKR in circulation. For those looking to buy or trade Ankr Network, Ankr offers avenues to do so securely and efficiently}
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.
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.
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 |
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.
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.
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.
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