Where and How to Stake Neutron (NTRN)

Introduction

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

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

   Platform	Coin	Price
   Bitpanda	Neutron (NTRN)	0.32
   Kraken	Neutron (NTRN)	0.33
   Binance	Neutron (NTRN)	0.32
   Bitmart	Neutron (NTRN)	0.32
   MEXC Global	Neutron (NTRN)	0.33
   BingX	Neutron (NTRN)	0.32

   See all 12 prices

2. 2. Choose a Neutron Wallet

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

   Platform	Coin	Staking rewards
   Bitmart	Neutron (NTRN)	Up to 1.00 APY

3. 3. Delegate Your NTRN

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