Introduction

Staking IOTA can be a great option for those who want to hold IOTA 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 IOTA (IOTA) Tokens

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

   Platform	Coin	Price
   Binance	IOTA (IOTA)	0.19
   OKX	IOTA (IOTA)	0.19
   Uphold	IOTA (IOTA)	0.19
   BingX	IOTA (IOTA)	0.19
   Bitfinex	IOTA (IOTA)	0.18
   Bitmart	IOTA (IOTA)	0.19

   See all 29 prices

2. 2. Choose a IOTA Wallet

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

3. 3. Delegate Your IOTA

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