Where & how to stake Qtum (QTUM)

Introduction

Staking Qtum can be a great option for those who want to hold QTUM 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 Qtum (QTUM) tokens

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

   Platform	Coin	Price
   Bitpanda	Qtum (QTUM)	$2.41
   Uphold	Qtum (QTUM)	$2.41
   Kraken	Qtum (QTUM)	$2.4
   OKX	Qtum (QTUM)	$2.4
   Binance	Qtum (QTUM)	$2.4
   BingX	Qtum (QTUM)	$2.38

   See all 13 prices

2. 2. Choose a Qtum wallet

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

   Platform	Coin	Staking rewards
   Bitmart	Qtum (QTUM)	Up to 1.2% APY
   MyCointainer	Qtum (QTUM)	Up to 5.83% APY

3. 3. Delegate your QTUM

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