Where and How to Stake Ethereum (ETH)

Introduction

Staking Ethereum can be a great option for those who want to hold ETH 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 Guide

1. 1. Obtain Ethereum (ETH) Tokens

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

   Platform	Coin	Price
   Nexo	Ethereum (ETH)	4,621.73
   PrimeXBT	Ethereum (ETH)	3,695.78
   EarnPark	Ethereum (ETH)	3,724.57
   YouHodler	Ethereum (ETH)	3,701.01
   Binance	Ethereum (ETH)	3,697.46
   BTSE	Ethereum (ETH)	3,699.29

   See all 82 prices

2. 2. Choose a Ethereum Wallet

   Once you have ETH, you'll need to choose a Ethereum wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Nexo	Ethereum (ETH)	Up to 3.5% APY
   YouHodler	Ethereum (ETH)	Up to 9% APY
   Uphold	Ethereum (ETH)	Up to 1.76% APY
   Ankr	Ethereum (ETH)	Up to 2.83% APY
   Bake	Ethereum (ETH)	Up to 2.9% APY
   Binance	Ethereum (ETH)	Up to 2.4% APY

   See all 40 staking rewards

3. 3. Delegate Your ETH

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