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Where and How to Stake Chainlink (LINK)

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Stake with Everstake

What you'll learn

  1. 1

    How to Stake Chainlink (LINK)

    An in-depth guide on how to stake Chainlink (LINK)

  2. 2

    Statistics about Chainlink Staking

    We have a lot of data on staking Chainlink (LINK) and we share some of this with you.

  3. 3

    Other coins you can Stake

    We show you some staking options with other coins that could be of interest.

Introduction

Staking Chainlink can be a great option for those who want to hold LINK 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 Chainlink (LINK) Tokens

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

  2. 2. Choose a Chainlink Wallet

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

  3. 3. Delegate Your LINK

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

Latest Movements

Chainlink (LINK) is currently priced at 0 with a 24-hour trading volume of $426.64M. The market cap of Chainlink stands at $7.16B, with $626.85M LINK in circulation. For those looking to buy or trade Chainlink, Everstake offers avenues to do so securely and efficiently}

Market cap
$7.16B
24h volume
$426.64M
Circulating supply
$626.85M
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