Where & how to stake ApeCoin (APE)

Introduction

Staking ApeCoin 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

1. 1. Obtain ApeCoin (APE) tokens

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

   Platform	Coin	Price
   Nexo	ApeCoin (APE)	$0.724
   Bitpanda	ApeCoin (APE)	$0.726
   Uphold	ApeCoin (APE)	$0.7248
   Wirex	ApeCoin (APE)	$1.27
   Kraken	ApeCoin (APE)	$0.7232
   OKX	ApeCoin (APE)	$0.7227

   See all 20 prices

2. 2. Choose a ApeCoin wallet

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

   Platform	Coin	Staking rewards
   Bitpanda	ApeCoin (APE)	Up to 15% APY
   Binance	ApeCoin (APE)	Up to 10% APY
   Kucoin	ApeCoin (APE)	Up to 14% APY

   See all 4 staking rewards

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 ApeCoin 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.