Where and How to Stake Ronin (RON)

Introduction

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

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

   Platform	Coin	Price
   Binance	Ronin (RON)	0.41
   Coinbase	Ronin (RON)	0.41
   OKX	Ronin (RON)	0.79
   Uphold	Ronin (RON)	0.6
   Bake	Ronin (RON)	0.41
   BingX	Ronin (RON)	0.41

   See all 34 prices

2. 2. Choose a Ronin Wallet

   Once you have RON, you'll need to choose a Ronin wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Binance	Ronin (RON)	Up to 8.9% APY
   Bitpanda	Ronin (RON)	Up to 8% APY

   See all 4 staking rewards

3. 3. Delegate Your RON

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