Where and How to Stake NEO (NEO)

Introduction

Staking NEO can be a great option for those who want to hold NEO but earn yield in a safe way while contributing to the network. The steps can be a bit 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. Acquire NEO (NEO) Tokens

   To stake NEO, you need to own it. To get NEO, you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Price
   Uphold	NEO (NEO)	5.34
   OKX	NEO (NEO)	8.51
   Binance	NEO (NEO)	5.34
   Bitget	NEO (NEO)	5.34
   MEXC Global	NEO (NEO)	5.33

   See all 33 prices

2. 2. Choose a NEO Wallet

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

   Platform	Coin	Staking rewards
   Binance	NEO (NEO)	Up to 3.39 APY

3. 3. Delegate Your NEO

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

What to be Aware of

There are transaction and staking pool fees you need to consider. There might also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.