Where and How to Stake 1inch (1INCH)

Introduction

Staking 1inch can be a great option for those who want to hold 1INCH 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 Guide

1. 1. Obtain 1inch (1INCH) Tokens

   In order to stake 1inch, you need to have it. To obtain 1inch, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	1inch (1INCH)	0.39
   Bitpanda	1inch (1INCH)	0.39
   Uphold	1inch (1INCH)	0.34
   Kraken	1inch (1INCH)	0.39
   OKX	1inch (1INCH)	0.39
   YouHodler	1inch (1INCH)	0.39

   See all 25 prices

2. 2. Choose a 1inch Wallet

   Once you have 1INCH, you’ll need to choose a 1inch wallet to store your tokens. Here are some good options.

3. 3. Delegate Your 1INCH

   We recommend using a staking pool when staking 1INCH. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their 1INCH, 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 1inch network. You’ll be rewarded with 1INCH 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.