By CoinList

How to stake Algorand

Algorand is a scalable, secure and decentralized digital currency and transactions platform.
How to earn ALGO staking rewards on CoinList
1
Create an account
Creating an account on CoinList takes minutes. You'll need to provide identity information. And we require 2-factor authentication for added security.
2
Deposit or buy ALGO
Go to your ALGO wallet and click Deposit. If you don't already own ALGO, you can easily purchase on CoinList. Start by clicking "Buy & Sell" in the left navigation or in your wallet.
3
Start earning ALGO!
Once your funds arrive in your wallet, you'll immediately start earning staking rewards. Rewards are generally paid once per month. And you can store your ALGO in your CoinList wallet for free.