Where and How to Stake IOST (IOST)

Introduction

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

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

   Platform	Coin	Price
   Bitpanda	IOST (IOST)	0.0063
   EarnPark	IOST (IOST)	0.0063
   OKX	IOST (IOST)	0.0064
   Binance	IOST (IOST)	0.0064
   Bitmart	IOST (IOST)	0.0063
   MEXC Global	IOST (IOST)	0.0064

   See all 16 prices

2. 2. Choose a IOST Wallet

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

   Platform	Coin	Staking rewards
   Bitget	IOST (IOST)	Up to 4 APY
   Binance	IOST (IOST)	Up to 2.3 APY
   MyCointainer	IOST (IOST)	Up to 8.3 APY

   See all 4 staking rewards

3. 3. Delegate Your IOST

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