Where & how to stake SSV Network (SSV)

Introduction

Staking SSV Network can be a great option for those who want to hold SSV 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 SSV Network (SSV) tokens

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

   Platform	Coin	Price
   Bitpanda	SSV Network (SSV)	$21.64
   OKX	SSV Network (SSV)	$21.63
   Binance	SSV Network (SSV)	$21.29
   BingX	SSV Network (SSV)	$21.61
   Bitmart	SSV Network (SSV)	$21.32
   MEXC Global	SSV Network (SSV)	$21.64

   See all 11 prices

2. 2. Choose a SSV Network wallet

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

   Platform	Coin	Staking rewards
   Bitmart	SSV Network (SSV)	Up to 1% APY

3. 3. Delegate your SSV

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