Where & how to stake Sei (SEI)

Introduction

Staking Sei can be a great option for those who want to hold SEI 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

1. 1. Obtain Sei (SEI) tokens

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

   Platform	Coin	Price
   Bitpanda	Sei (SEI)	$0.3177
   Uphold	Sei (SEI)	$0.2878
   Kraken	Sei (SEI)	$0.3154
   Binance	Sei (SEI)	$0.2732
   Coinbase	Sei (SEI)	$0.3179
   Bitmart	Sei (SEI)	$0.2997

   See all 13 prices

2. 2. Choose a Sei wallet

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

   Platform	Coin	Staking rewards
   Bitpanda	Sei (SEI)	Up to 4% APY
   Bitmart	Sei (SEI)	Up to 1% APY
   Binance	Sei (SEI)	Up to 4.1% APY

   See all 7 staking rewards

3. 3. Delegate your SEI

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