Introduction

Staking Multibit can be a great option for those who wish to hold MUBI while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.

Step-by-Step Guide

1. 1. Acquire Multibit (MUBI) Tokens

   To stake Multibit, you need to have it. To obtain Multibit, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   BTSE	Multibit (MUBI)	0
   MEXC Global	Multibit (MUBI)	0
   Bitget	Multibit (MUBI)	0.01
   Bitmart	Multibit (MUBI)	0
   Kucoin	Multibit (MUBI)	0
   Gate.io	Multibit (MUBI)	0

   See all 21 prices

2. 2. Select a Multibit Wallet

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

3. 3. Delegate Your MUBI

   We suggest using a staking pool for staking MUBI. It's easier and quicker to get started. A staking pool is a collection of validators who combine their MUBI, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You'll have to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Multibit network. You'll be rewarded with MUBI for these validations.

What to Keep in Mind

You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.