Where and How to Stake Portal (PORTAL)

Introduction

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

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

   Platform	Coin	Price
   Bitpanda	Portal (PORTAL)	0.37
   Kraken	Portal (PORTAL)	0.37
   Binance	Portal (PORTAL)	0.31
   BTSE	Portal (PORTAL)	0.37
   Bitmart	Portal (PORTAL)	0.3
   MEXC Global	Portal (PORTAL)	0.37

   See all 17 prices

2. 2. Choose a Portal Wallet

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

   Platform	Coin	Staking rewards
   Bitmart	Portal (PORTAL)	Up to 1 APY
   Binance	Portal (PORTAL)	Up to 2.9 APY

3. 3. Delegate Your PORTAL

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