Where & how to stake Metis (METIS)

Introduction

Staking Metis can be a great option for those who want to hold METIS 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 Metis (METIS) tokens

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

   Platform	Coin	Price
   Bitpanda	Metis (METIS)	$43.68
   Uphold	Metis (METIS)	$43.21
   OKX	Metis (METIS)	$43.61
   Binance	Metis (METIS)	$42.56
   Coinbase	Metis (METIS)	$43.59
   BTSE	Metis (METIS)	$45.58

   See all 14 prices

2. 2. Choose a Metis wallet

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

   Platform	Coin	Staking rewards
   Bitmart	Metis (METIS)	Up to 1.5% APY

3. 3. Delegate your METIS

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