Introduction

Staking DigiByte can be a great option for those who want to hold DGB 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 DigiByte (DGB) tokens

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

   Platform	Coin	Price
   Bitpanda	DigiByte (DGB)	$0.0068
   Uphold	DigiByte (DGB)	$0.0075
   OKX	DigiByte (DGB)	$0.0069
   Binance	DigiByte (DGB)	$0.0064
   Bitmart	DigiByte (DGB)	$0.0067
   BingX	DigiByte (DGB)	$0.0069

   See all 9 prices

2. 2. Choose a DigiByte wallet

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

3. 3. Delegate your DGB

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