How to Stake STACKS (stacks): A Step-by-Step Guide

Introduction

Staking STACKS can be a great option for those who want to hold stacks 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. Obtain STACKS (stacks) Tokens
In order to stake STACKS, you need to have it. To obtain STACKS, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Uphold STACKS (stacks) 0.79
BingX STACKS (stacks) 0.26
Bitget STACKS (stacks) 0.26
Bitmart STACKS (stacks) 0.69
Bitpanda STACKS (stacks) 2.3
Blockchain.com STACKS (stacks) 0.32
See all 21 prices
2. Choose a STACKS Wallet
Once you have stacks, you'll need to choose a STACKS wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
Bitmart STACKS (stacks) Up to 1% APY
3. Delegate Your stacks
We recommend using a staking pool when staking stacks. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their stacks, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.
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 STACKS network. You'll be rewarded with stacks for these validations.

Platform	Coin	Price
Uphold	STACKS (stacks)	0.79
BingX	STACKS (stacks)	0.26
Bitget	STACKS (stacks)	0.26
Bitmart	STACKS (stacks)	0.69
Bitpanda	STACKS (stacks)	2.3
Blockchain.com	STACKS (stacks)	0.32

Platform	Coin	Staking rewards
Bitmart	STACKS (stacks)	Up to 1% APY

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.

Latest Movements

STACKS (stacks) is currently priced at $1 with a 24-hour trading volume of $97. For those looking to buy or trade STACKS, Bitmart offers avenues to do so securely and efficiently}