Earn up to
6% APY
An in-depth guide on how to stake Flow (FLOW)
We have a lot of data on staking Flow (FLOW) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Flow (FLOW) is currently priced at $10.1 with a 24-hour trading volume of $102.13M. The market cap of Flow stands at $1.12B, with 1.56B FLOW in circulation. For those looking to buy or trade Flow, Bitpanda offers avenues to do so securely and efficiently}
Staking Flow can be a great option for those who want to hold FLOW 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.
In order to stake Flow, you need to have it. To obtain Flow, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| PrimeXBT | Flow (FLOW) | 0.08 |
| Uphold | Flow (FLOW) | 0.38 |
| Bake | Flow (FLOW) | 0.08 |
| BingX | Flow (FLOW) | 0.08 |
| Bitget | Flow (FLOW) | 0.1 |
| Bitmart | Flow (FLOW) | 0.08 |
Once you have FLOW, you'll need to choose a Flow wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| Bitpanda | Flow (FLOW) | Up to 6% APY |
| MyCointainer | Flow (FLOW) | Up to 10.1% APY |
We recommend using a staking pool when staking FLOW. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their FLOW, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Flow network. You'll be rewarded with FLOW for these validations.
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.
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