Where and How to Stake Ankr Network (ANKR)

Introduction

Staking Ankr Network can be a great option for those who want to hold ANKR but earn yield in a secure way while contributing to the network. The steps can be a bit overwhelming, 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 Ankr Network (ANKR) Tokens

   To stake Ankr Network, you need to have it. To get Ankr Network, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Uphold	Ankr Network (ANKR)	0,02
   Kraken	Ankr Network (ANKR)	0,02
   Binance	Ankr Network (ANKR)	0,02
   BTSE	Ankr Network (ANKR)	0,02
   Coinbase	Ankr Network (ANKR)	0,02
   Azbit	Ankr Network (ANKR)	0,02

   See all 46 prices

2. 2. Choose a Ankr Network Wallet

   Once you have ANKR, you’ll need to choose a Ankr Network wallet to store your tokens. Here are some lekker options.

   Platform	Coin	Staking rewards
   Ankr	Ankr Network (ANKR)	Up to 2,87% APY
   Binance	Ankr Network (ANKR)	Up to 2,19% APY

   See all 5 staking rewards

3. 3. Delegate Your ANKR

   We recommend using a staking pool when staking ANKR. It’s simpler and quicker to get going. A staking pool is a group of validators who combine their ANKR, which gives them a better 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 Ankr Network network. You'll be rewarded with ANKR for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There might also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this might take some time.