Where and How to Stake Starknet (STRK)

Introduction

Staking Starknet can be a great option for those who want to hold STRK 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 Starknet (STRK) Tokens

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

   Platform	Coin	Price
   M2	Starknet (STRK)	0.21
   Uphold	Starknet (STRK)	0.24
   Kraken	Starknet (STRK)	0.21
   OKX	Starknet (STRK)	0.21
   YouHodler	Starknet (STRK)	0.21
   Binance	Starknet (STRK)	0.21

   See all 57 prices

2. 2. Choose a Starknet Wallet

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

3. 3. Delegate Your STRK

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