How to Stake BNB (BNB)

Introduction

Staking BNB can be an excellent choice for those looking to hold BNB 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 BNB (BNB) Tokens

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

   Platform	Mint	Cost
   Nexo	BNB (BNB)	905,75
   PrimeXBT	BNB (BNB)	902,95
   EarnPark	BNB (BNB)	901,49
   YouHodler	BNB (BNB)	901,32
   Binance	BNB (BNB)	902,62
   BTSE	BNB (BNB)	901,98

   View all 61 prices

2. 2. Select a BNB Wallet

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

   Platform	Mint	Staking rewards in South Africa
   YouHodler	BNB (BNB)	Up to 7% APY
   Ankr	BNB (BNB)	Up to 0,67% APY
   Atomic Wallet	BNB (BNB)	Up to 5% APY
   Binance	BNB (BNB)	Up to 0,32% APY

   View all 19 staking rewards available

3. 3. Delegate Your BNB

   We recommend using a staking pool when staking BNB. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their BNB, 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 BNB network. You'll be rewarded with BNB 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.