Earn up to
6.9% APY
An in-depth guide on how to stake Internet Computer (ICP)
We have a lot of data on staking Internet Computer (ICP) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Internet Computer (ICP) is currently priced at $1 with a 24-hour trading volume of $219.57M. The market cap of Internet Computer stands at $4.94B, with 479.09M ICP in circulation. For those looking to buy or trade Internet Computer, Binance offers avenues to do so securely and efficiently}
Staking Internet Computer can be a great option for those who want to hold ICP 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 Internet Computer, you need to have it. To obtain Internet Computer, you'll need to purchase it. You can choose from these popular exchanges.
Once you have ICP, you'll need to choose a Internet Computer wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| Binance | Internet Computer (ICP) | Up to 3.92% APY |
| Bitmart | Internet Computer (ICP) | Up to 1% APY |
We recommend using a staking pool when staking ICP. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ICP, 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 Internet Computer network. You'll be rewarded with ICP 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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