Where & how to stake Avalanche (AVAX)

Introduction

Staking Avalanche can be a great option for those who want to hold AVAX 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 Avalanche (AVAX) tokens

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

   Platform	Coin	Price
   Nexo	Avalanche (AVAX)	$27.63
   Bitpanda	Avalanche (AVAX)	$27.62
   Uphold	Avalanche (AVAX)	$27.61
   Wirex	Avalanche (AVAX)	$27.78
   EarnPark	Avalanche (AVAX)	$27.64
   Klink	Avalanche (AVAX)	$27.63

   See all 24 prices

2. 2. Choose a Avalanche wallet

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

   Platform	Coin	Staking rewards
   Bitpanda	Avalanche (AVAX)	Up to 6% APY
   Uphold	Avalanche (AVAX)	Up to 4.5% APY
   Klink	Avalanche (AVAX)	Up to 8% APY
   Bitmart	Avalanche (AVAX)	Up to 0.3% APY
   Binance	Avalanche (AVAX)	Up to 5.8% APY

   See all 15 staking rewards

3. 3. Delegate your AVAX

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