Where and How to Stake Shiba Saga (SHIA)

Introduction

Staking Shiba Saga can be a great option for those who want to hold SHIA 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 Guide

1. 1. Obtain Shiba Saga (SHIA) Tokens

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

   Platform	Coin	Price
   Bitmart	Shiba Saga (SHIA)	0.01
   MEXC Global	Shiba Saga (SHIA)	0
   BingX	Shiba Saga (SHIA)	0.01

2. 2. Choose a Shiba Saga Wallet

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

   Platform	Coin	Staking rewards
   Bitmart	Shiba Saga (SHIA)	Up to 1 APY

3. 3. Delegate Your SHIA

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