Introduction

Staking IOTA can be a great choice for those who want to hold IOTA but earn yield in a secure way while contributing to the network. The steps can be a little overwhelming, especially the first time you go through them. That’s why we’ve put this guide together for you.

Step-by-step Guide

1. 1. Get IOTA (IOTA) Tokens

   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	Loonies	Price
   Uphold	IOTA (IOTA)	0.19
   OKX	IOTA (IOTA)	0.19
   Binance	IOTA (IOTA)	0.15
   MEXC Global	IOTA (IOTA)	0.15
   Gate.io	IOTA (IOTA)	0.15
   CoinEx	IOTA (IOTA)	0.15

   See all 28 prices

2. 2. Select 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.