Introduction

Staking Bonk can be a great option for those who want to hold BONK but earn yield in a safe way while contributing to the network. The steps can be a bit 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. Acquire Bonk (BONK) Tokens

   To stake Bonk, you need to own it. To get Bonk, you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Price
   YouHodler	Bonk (BONK)	0.00003566
   Uphold	Bonk (BONK)	0.00001688
   OKX	Bonk (BONK)	0.00003572
   Binance	Bonk (BONK)	0.00003556
   BTSE	Bonk (BONK)	0.00003569
   Bake	Bonk (BONK)	0.00003603

   See all 40 prices

2. 2. Choose a Bonk Wallet

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

3. 3. Delegate Your BONK

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

What to be Aware of

There are transaction and staking pool fees you need to consider. There might also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.