Where and How to Stake Stox (STX)

Introduction

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

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

   Platform	Coin	Price
   Uphold	Stox (STX)	1.96
   Kraken	Stox (STX)	1.98
   OKX	Stox (STX)	1.98
   YouHodler	Stox (STX)	1.98
   Binance	Stox (STX)	1.96
   Coinbase	Stox (STX)	1.98

   See all 15 prices

2. 2. Choose a Stox Wallet

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

   Platform	Coin	Staking rewards
   Kucoin	Stox (STX)	Up to 4.5 APY
   Binance	Stox (STX)	Up to 5 APY

3. 3. Delegate Your STX

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