Where and How to Stake Ape (APE)

Introduction

Staking Ape can be a great option for those who want to hold APE 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 Ape (APE) Tokens

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

   Platform	Coin	Price
   OKX	Ape (APE)	1.17
   YouHodler	Ape (APE)	1.18
   Binance	Ape (APE)	1.17
   BTSE	Ape (APE)	1.18
   Coinbase	Ape (APE)	1.18
   Gate.io	Ape (APE)	1.18

   See all 13 prices

2. 2. Choose a Ape Wallet

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

   Platform	Coin	Staking rewards
   Binance	Ape (APE)	Up to 4.5 APY

3. 3. Delegate Your APE

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