Where and How to Stake Casper Network (CSPR)

Introduction

Staking Casper Network can be a great option for those who want to hold CSPR 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 Casper Network (CSPR) Tokens

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

   Platform	Coin	Price
   Bitpanda	Casper Network (CSPR)	0.01
   Uphold	Casper Network (CSPR)	0.02
   OKX	Casper Network (CSPR)	0.02
   Bitmart	Casper Network (CSPR)	0.01
   MEXC Global	Casper Network (CSPR)	0.02
   BingX	Casper Network (CSPR)	0.02

   See all 14 prices

2. 2. Choose a Casper Network Wallet

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

   Platform	Coin	Staking rewards
   Uphold	Casper Network (CSPR)	Up to 8 APY
   Bitpanda	Casper Network (CSPR)	Up to 8 APY

   See all 4 staking rewards

3. 3. Delegate Your CSPR

   We recommend using a staking pool when staking CSPR. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their CSPR, 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 Casper Network network. You’ll be rewarded with CSPR 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.