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Where & how to stake Binance Coin (BNB)

Earn up to
1% APY

What you'll learn

  1. 1

    How to stake Binance Coin (BNB)

    An in-depth guide on how to stake Binance Coin (BNB)

  2. 2

    Statistics about Binance Coin staking

    We have a lot of data on staking Binance Coin (BNB) and we share some of this with you.

  3. 3

    Other coins you can stake

    We show you some staking options with other coins that could be of interest.

Introduction

Staking Binance Coin can be a great option for those who want to hold BNB 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 Binance Coin (BNB) tokens

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

  2. 2. Choose a Binance Coin wallet

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

  3. 3. Delegate your BNB

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

Latest movements

Binance Coin (BNB) is currently priced at $2 with a 24-hour trading volume of $754.93M. The market cap of Binance Coin stands at 85.35B, with $145.89M BNB in circulation. For those looking to buy or trade Binance Coin, Bitpanda offers avenues to do so securely and efficiently.

Market cap
$85.35B
24h Volume
$754.93M
Circulating supply
$145.89M
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