Tangem Wallet now supports native staking for Binance Coin (BNB), enabling users to participate in the Binance Smart Chain (BSC) network while earning rewards. This guide covers the benefits, steps, and best practices for staking BNB securely within the Tangem ecosystem.
Understanding BNB Staking
BNB staking involves locking your Binance Coin to validate transactions and secure the Binance Smart Chain. In return, stakers earn rewards through the Proof-of-Stake (PoS) consensus mechanism, which powers networks like BSC and Solana.
Key Benefits of Staking BNB in Tangem Wallet
- Integrated Staking: No third-party platforms needed—staking is built directly into Tangem Wallet.
- Beginner-Friendly: Intuitive interface simplifies the staking process.
- Passive Earnings: Grow your holdings by earning rewards on staked BNB.
- Cold Storage Security: Private keys remain offline, safeguarded by Tangem’s hardware technology.
- Slashing Protection: Partnered with Yield.xyz to cover validator penalties.
Step-by-Step Guide to Stake BNB
Download Tangem Wallet
- Install the latest version from the App Store or Google Play.
Add BNB to Your Portfolio
- Navigate to Markets in the app, search for Binance Coin (BNB), and add it.
Fund Your Wallet
- Swap at least 1 BNB for other tokens or deposit BNB from an external wallet.
Initiate Staking
- Go to the BNB token page and tap Stake.
Review Staking Terms
- Check the APR and unbonding period (time required to withdraw staked funds).
Select a Validator
- Choose a high-performance validator to maximize rewards.
Confirm Stake
- Enter the amount (minimum 1 BNB), authenticate with biometrics/Tangem Wallet, and approve the transaction.
Monitor Rewards
- Track earnings in real-time on the BNB token page.
👉 Maximize your staking rewards with these pro tips
FAQs About BNB Staking
What’s the minimum BNB required to stake?
You need at least 1 BNB to participate in staking.
How often are rewards distributed?
Rewards are issued continuously and compounded automatically.
Can I unstake my BNB anytime?
Yes, but funds are subject to an unbonding period (typically 7–10 days) during which they earn no rewards.
Are staking rewards taxable?
Tax regulations vary by jurisdiction. Consult a tax professional for guidance.
Why Stake BNB with Tangem Wallet?
Tangem combines military-grade security with a seamless user experience. Its non-custodial approach ensures you retain full control over your assets while earning passive income.
👉 Explore Tangem’s full suite of crypto tools
Important Disclosures
Tangem AG provides hardware wallets and non-custodial software. It is not a regulated financial service provider. Staking services are powered by third-party protocols; rewards are variable and not guaranteed. Users assume all risks.