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Staking BNB Smart Chain (BNB) with Wraith Wallet

Staking BNB on the Smart Chain network allows you to earn rewards while helping to secure the network. This guide will walk you through staking BNB using Wraith Wallet.

TLDR​

Your BNB will be locked when staked.

Unstaking takes 7 days to complete.

The minimum staking amount is 1 BNB.

Always keep a small amount of BNB available for transaction fees.

⚠️ Always update to the latest version of Wraith Wallet for maximum security and stability.

How to stake BNB on Wraith Wallet​

Step 1 - Fund your BNB wallet​

Ensure that your Wraith Wallet has BNB tokens.

The easiest method is to buy BNB directly in Wraith Wallet by tapping Buy and selecting the amount.

You can also purchase BNB from an exchange such as Binance, Coinbase, or Kraken, then transfer it to your Wraith Wallet address.

⚠️ Double-check the destination address when transferring BNB from another wallet to avoid losing funds.

Step 2 - Open the stake screen​

Open your BNB wallet in Wraith Wallet.

Tap Stake.

Review the APR and lock period displayed.

Tap Stake to continue.

Step 3 - Choose a validator​

BNB staking works by delegating your tokens to a validator.

✅ Select validators with strong uptime, low fees, and a good track record in the community.

Step 4 - Enter stake amount​

Decide the amount of BNB you want to stake.

Leave some BNB in your wallet for future network fees.

Tap Continue.

💡 The minimum staking amount is 1 BNB.

Step 5 - Confirm the stake transaction​

Review the validator details and stake amount.

Tap Confirm.

The transaction will be processed by the Smart Chain network within a few seconds.

✅ You have successfully staked BNB with Wraith Wallet.

BNB staking rewards​

Current average rewards are around 3.7% APR (subject to change).

Rewards are typically distributed daily.

Actual earnings depend on your chosen validator.

Unstaking your BNB​

When you unstake, your tokens are locked for 7 days before they are available.

Open your BNB staking details in Wraith Wallet.

Tap Manage → Unstake.

Enter the amount and confirm.

Is staking BNB on Wraith Wallet secure?​

Yes. Wraith Wallet provides a secure and transparent staking experience.

Open source: Code is publicly available for review.

Community-led: Contributions from developers worldwide improve security.

Reduced risk: Open codebases are less likely to contain malicious backdoors.

Staking BNB with Wraith Wallet is a simple way to earn rewards and contribute to the Smart Chain ecosystem.

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