How to Stake Arbitrum (ARB)

Introduction

Staking Arbitrum can be an excellent choice for those looking to hold ARB while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. 1. Acquire Arbitrum (ARB) Tokens

   To stake Arbitrum, you first need to acquire it. To obtain Arbitrum, you'll need to buy it. You can select from these popular exchanges available in South Africa.

   Platform	Mint	Cost
   Nexo	Arbitrum (ARB)	0,2
   EarnPark	Arbitrum (ARB)	0,2
   YouHodler	Arbitrum (ARB)	0,2
   Binance	Arbitrum (ARB)	0,2
   BTSE	Arbitrum (ARB)	0,2
   Coinbase	Arbitrum (ARB)	0,2

   View all 58 prices

2. 2. Select a Arbitrum Wallet

   Once you have ARB, you'll need to choose a Arbitrum wallet to store your tokens securely. Here are some solid options to consider.

3. 3. Delegate Your ARB

   We recommend using a staking pool when staking ARB. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their ARB, which increases their chances of validating transactions and earning rewards. You can manage 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 Arbitrum network. You'll be rewarded with ARB for these validations.

What to Keep in Mind

There are transaction and staking pool fees you need to take into account. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this process can take some time.