How to Stake Ankr: Ankr Staking Guide 2025

Ankr staking (ANKR) is a great way for holders to earn passive income while supporting the growth of this Web3 infrastructure provider. With staking rewards of up to 2.56% APY, it offers an opportunity to enhance your earnings while contributing to the platform’s development.

This Ankr staking guide will cover everything you need to know about how to stake ANKR, the current rates offered at different platforms, and the best methods to use when staking this cryptocurrency.

What is Ankr?

Founded by Chandler Song and Ryan Fang, Ankr is a decentralized infrastructure provider that helps developers build and scale Web3 projects. Powered by its native token ANKR, the platform offers API node hosting across more than 71 chains, multi-chain liquid and delegated staking, and cloud computing services.

Ankr improves the transaction speeds and scalability of blockchain networks while lowering costs. Polygon is a recent case study of this and used the Ankr multichain API to streamline communication with the other zkEVM chains.

Zero-knowledge Ethereum Virtual Machines, or zkEVMs, are layer 2 solutions that use zero-knowledge proofs (ZKPs) to validate transactions on Ethereum. This integration helped to boost the speed of apps built on Polygon by 10x.

Microsoft also partnered with Ankr to launch a blockchain creator tool on its Azure marketplace. The “AppChain” was created to help companies create quick and customizable solutions to specific areas of interest on Web3.

Ankr’s Decentralized Physical Infrastructure Network (DePIN) has an average response time of 56 milliseconds, with over 800 nodes distributed across 12 countries. This has resulted in more than 2.5 billion daily API requests.

Through API-driven liquid staking, enterprise customers use Ankr’s cross-chain staking infrastructure to access secure and cost-efficient solutions. Proof-of-stake (PoS) chains like Ethereum, Polygon, Avalanche, and Binance Smart Chain (BSC) are all available to developers via Ankr’s offering, allowing them to integrate staking features from these networks.

The ANKR utility token is used to pay for the platform’s suite of services and currently has a market cap of $153 million. At its peak in March 2021, one ANKR token was worth $0.2252. The price is now trading 91% below this point as altcoins have taken a downturn in recent years.

How Does Ankr Staking Work?

Ankr’s platform offers two primary ways to stake cryptocurrencies: delegated staking and a liquid staking option, but ANKR tokens can only be staked via the delegation model. This is where tokens are assigned to a chosen node provider.

Validator nodes are essential to Ankr’s staking model, as they process Remote Procedure Call (RPC) requests, validate staking transactions independently, and maintain blockchain integrity. Node providers must stake ANKR tokens as collateral to ensure reliability and performance. The more ANKR staked, the more requests a node can handle, increasing its revenue potential.

To begin the staking process, you must first connect your wallet to the Ankr platform. You can use any wallet that is compatible with the ERC-20 standard, including Best Wallet, MetaMask, and Coinbase Wallet.

Once you do so, enter the amount of ANKR you want to stake and confirm the node provider; this is ANKR by default. It’s important to note that the minimum staking amount is 1,000 ANKR. Your staked token will also be locked up for at least 85 days; however, this can change depending on network updates. Once this locking period has elapsed, you will be able to unstake tokens.

After approving and confirming your stake, you will begin to receive weekly ANKR staking rewards. The APY is 2.56%; however, this is a variable rate that currently only ANKR has, and may change.

Outside of staking ANKR tokens, individual investors can also stake ETH, FLOW, BNB, POL, and other cryptos via liquid staking directly on the Ankr platform. Liquid staking allows users to stake their regular tokens while still maintaining access to their capital through equivalent liquid staking tokens.

These tokens represent the value of the staked assets in addition to any accumulated rewards. For example, if staking ETH on Ankr, you will receive 1 ankrETH, which is equivalent to 1 ETH plus rewards.

By receiving an ankrETH instead of ETH, your tokens are immediately liquid, meaning you will be able to participate in other DeFi activities like yield farming and lending for additional gains. The downside is that you may lose the staking rewards earned when converting ankrETH back to ETH. As such, ensure you commit to at least one year of staking in order to receive the full APY.

Over 13,000 ETH has been staked on Ankr, with the current market cap of ankrETH at around $19 million. Overall, the total value locked (TVL) of assets on Ankr is over $26 million from more than 24,000 stakers.

Ankr Staking Rates

Ankr staking rates are variable and will change regularly depending on market volatility; however, the current reward rate is up to 2.56% APY. This is lower than the 3.84% APY for staking ETH but higher than the 1.81% sum for BNB, for example.

As an Ethereum-ecosystem token, ANKR can be purchased on all platforms compatible with this network, such as Best Wallet and MetaMask. However, staking the token can only be done directly on the Ankr platform.

For those interested in staking other cryptos on Ankr, here are the other rates available on the platform.

Best Crypto Staking Platform for 2025

Although users can only stake ANKR directly on the Ankr platform, they must buy and hold tokens using an external wallet. The wallet you choose should be compatible with Ethereum, offer multiple layers of security, and be user-friendly.

Best Wallet is the top choice for ANKR stakers looking for a well-rounded platform compatible with the Ethereum blockchain. You can buy ANKR tokens on Best Wallet and then connect your wallet directly to the Ankr platform to begin staking.

For those valuing safety, the platform offers multiple layers of security, from biometric to two-factor authentication (2FA). As a no-KYC exchange, you do not need to share your personal information when registering, meaning it’s fully anonymous.

Best Wallet also has a built-in decentralized exchange (DEX) that enables investors to swap cryptos from all major networks. This means that users can manage their ANKR and other tokens all in one place.

The wallet also has a crypto launchpad that allows investors to buy and stake the best emerging tokens. One such project is BTC Bull Token (BTCBULL), which rewards holders with an airdrop each time Bitcoin (BTC) hits a specific price milestone. With this token you can currently earn rewards of up to 101% APY, which is much higher than the staking rewards available on the ANKR platform.

To take advantage of similar staking rewards and presales, simply download the Best Wallet app on iOS or Android.

Where to Stake Ankr?

So, where is the best place to stake ANKR? The Ankr platform is the sole choice when it comes to direct staking, however, this must be used in conjunction with an external crypto wallet, DeFi platform, or centralized exchange to buy ANKR tokens. Let’s take a look at your options.

Crypto Wallets: Self-Custody and Hardware Wallets

To start, self-custody wallets are a great option for investors who want to buy and have full control over their ANKR tokens. These wallets are non-custodian, meaning that users are responsible for managing their private keys.

By using self-custody wallets to store their ANKR, investors can lower the risk of third-party attacks, where hackers typically target centralized exchanges (CEX) by exploiting security vulnerabilities. ByBit recently saw $1.5 billion worth of ETH stolen from its exchange after hackers compromised the platform.

Here are some of the best self-custody wallets available:

Best Wallet

As explained above, Best Wallet is a great platform for staking and diversification. Connected to over 60 chains, including Ethereum, Best Wallet is a self-custody wallet that prioritizes security, with your private keys kept offline for added safety.

The platform is suitable for beginners and can be used on both Apple and Android devices. Best Wallet does not have any complicated trading features, but it does have one of the largest pools of crypto tokens among all crypto wallets. Investors can access hundreds of established tokens like ANKR, ETH, SUI, and DOGE to emerging coins like BTCBULL, SOLX, and more.

MetaMask

Metamask also offers staking for Ethereum and ERC20 tokens, meaning that users can store their ANKR tokens in the wallet. MetaMask is the first option Ankr recommends to users when connecting external wallets, as it is one of the most widely used non-custodian platforms on the market.

Similar to Best Wallet, MetaMask also has a range of safety features like face recognition and PIN protection, with private keys also stored offline. However, investors will likely be looking to stake much more than just Ankr, meaning that a multi-chain wallet is preferable.

Currently, the primary blockchain used on MetaMask is the Ethereum Mainnet and any layer 1 and layer 2 EVM-compatible networks like Polygon. To access the likes of Solana, Tron, Base, and others, investors may opt for an alternative platform to MetaMask.

Ledger

For added security, investors can also use hardware wallets to buy and store ANKR tokens.  Ledger is a good option, as it is compatible with Ethereum-based cryptos. You can hold your tokens on one of its devices, like the Nano S, which is the best-selling hardware wallet on the market with over 7 million sales.

As a non-custodial device, the Ledger Nano S comes equipped with PIN access and a 24-word recovery phrase. This phrase is shown during the initial setup, and you should write it down before putting it away for safekeeping.

The Ledger team has also created a spare key recovery system in the event you misplace your seed recovery phrase. This system encrypts and splits a spare key into three secure parts, which are stored across independent hardware security modules (HSMs) in different locations.

Centralized Exchanges

Although you can buy ANKR on centralized exchanges, only crypto wallets can be connected to the Ankr platform for staking. However, beginners who are already using a CEX can purchase tokens from the exchange, then transfer them to a wallet.

Exchanges are custodial, meaning that they are in control of your keys. As a centralized service, these platforms offer customer support, making them ideal for newcomers. However, buying ANKR on a centralized exchange means your tokens are held by a third party, increasing risks such as withdrawal restrictions or hacks.

Coinbase Exchange

Coinbase is a global CEX platform with over 100 million users. The exchange offers a safe environment to buy and sell over 250 cryptocurrencies, including ANKR. Coinbase also has a self-custody wallet (Coinbase Wallet) that can be used with Ankr; however, you must pay a variable network fee for moving crypto between the two platforms.

Buying ANKR on the Coinbase exchange can also be expensive, as you need to cover the fees for transactions and withdrawals. These can vary depending on the cryptocurrency.

Crypto.com

Crypto.com is another solid centralized exchange that can be used to buy ANKR. Similar to Coinbase, Crypto.com has over 400 listed cryptocurrencies, making it ideal for investors looking to diversify. Crypto.com also has a non-custody wallet (Crypto.com Onchain), which is a fully decentralized platform.

The wallet operates independently of the Crypto.com app, meaning a network fee is charged for moving tokens between them. Typically, the Crypto.com app charges a fee of 250 ANKR for withdrawals, which is roughly $3.75 based on the current token price of $0.015.

DeFi/DEX Platforms

Decentralized finance (DeFi) or DEX platforms that are connected to the Ethereum network are another option to buy ANKR. Similar to self-custody wallets, buying ANKR via a DEX means there is no middleman. The investor controls private keys with access to a larger pool of liquidity, enabling users to execute trades more efficiently.

Uniswap

Uniswap is a popular Ethereum-compatible DEX platform that offers direct access to ANKR. Over $13.5k worth of ANKR is transacted on Uniswap daily, which is the largest sum among all DeFi platforms.

The platform charges 0.3% per trade, which is cheaper than the centralized exchanges we’ve mentioned above. Like the CEX platforms, Uniswap also has a wallet that can be used on both mobile and desktop.

Is Ankr Staking Safe?

Staking ANKR or any other cryptocurrency will come with its fair share of risks; however, by implementing some best practices, you can limit these. The first step will be to do the necessary due diligence on the crypto token you wish to stake, in this case, ANKR.

Make sure you find out the exact reward rates, payment schedule, and what lock-up period applies. Doing your research will help you build a clear understanding of the cryptocurrency and the general terms associated with staking it. This is important to avoid any surprises in the future.

Next, pick the right wallet to buy and stake your assets. With rewards of up to 2.56%, the Ankr platform is a suitable choice for staking; however, you need a wallet to connect to the platform. Make sure you choose a trusted self-custody wallet with no history of hacking, such as Best Wallet or MetaMask. For added security, consider storing your staking rewards on a hardware device like Ledger.

Setting up two-factor authentication, biometrics, and PIN protection, and keeping your keys offline also improves security. Although these steps will not guarantee the security of your ANKR, they will significantly reduce the risks of your assets being targeted by bad actors.

Conclusion

Staking ANKR is an easy way to earn rewards from the cryptocurrency you already own or are considering buying. Ankr offers a seamless staking system for both beginners and experienced investors looking to connect their existing Ethereum-based wallet to the platform.

While there is potential for generating rewards of up to 2.56% staking ANKR, Best Wallet offers the potential to make substantially more by staking some of the upcoming tokens on its launchpad. BTCBULL offers a 101% APY, with SOLX providing gains of 142%. Find these and other lucrative cryptocurrencies to be staked on Best Wallet by following the link below.

References

1. Ankr partners with Microsoft to launch blockchain creator tool (Ankr)
2. Polygon’s case study using Ankr (Ankr)
3. ByBit suffers crypto’s biggest hack (Reuters)

FAQs

What is the minimum amount required to stake ANKR?

To stake ANKR, you will need a minimum staking amount of 1,000 ANKR. Based on ANKR’s current price of $0.015, this will be a minimum of $15. However, the more you stake in a staking pool, the larger the portion of the reward you will receive.

Can I unstake ANKR anytime?

It depends on the staking platform. Ankr offers lock-up periods of 85 days, however, this can change, so make sure to check with the staking platform before committing your funds. Once the lock-up period has expired, you will be able to complete the unstaking process.

How do I start staking?

Simply download a wallet compatible with the Ethereum blockchain like Best Wallet, buy ANKR tokens, and then connect to the Ankr platform to start staking. On Best Wallet, you can also stake other crypto tokens like BTCBULL for rewards of up to 101% APY.

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Read more

Jose Aquino

Editor

Jose Rafael Aquino is a Filipino writer and entrepreneur that specializes in finance, technology, cryptocurrency, and sports. Versed in the startup tech space, he has written for websites such as The GUIDON, TradingPlatforms, StockApps, and BuyShares. Read More

Read Jose Aquino Articles