Where & how to stake Tezos (XTZ)

Introduction

Staking Tezos can be a great option for those who want to hold XTZ 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 Tezos (XTZ) tokens

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

   Platform	Coin	Price
   Bitpanda	Tezos (XTZ)	$0.6112
   YouHodler	Tezos (XTZ)	$0.611
   Uphold	Tezos (XTZ)	$0.7043
   Wirex	Tezos (XTZ)	$0.6141
   Kraken	Tezos (XTZ)	$0.6081
   OKX	Tezos (XTZ)	$0.6113

   See all 18 prices

2. 2. Choose a Tezos wallet

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

   Platform	Coin	Staking rewards
   Bitpanda	Tezos (XTZ)	Up to 6% APY
   Ledger	Tezos (XTZ)	Up to 3% APY
   Binance	Tezos (XTZ)	Up to 5.5% APY

   See all 14 staking rewards

3. 3. Delegate your XTZ

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