Stake AVAX — Ankr (2024)

Before you start

Ensure the following:

• You are using a Chrome Browser.
• You have a MetaMask wallet extension (opens in a new tab) installed and set up in Chrome.

Get AVAX

There are several ways how to buy AVAX tokens:

1. Centralized exchanges like Coinbase or Binance supporting withdrawals to AVAX C-Chain

   • Buy AVAX on a centralized exchange
   • Withdraw AVAX to AVAX C-Chain

2. Centralized exchanges NOT supporting withdrawals to AVAX C-Chain

   • If the exchange you are using does not support AVAX C-Chain, you must withdraw to AVAX X-Chain address using AVAX Wallet (opens in a new tab).

   • Go to https://wallet.avax.network/ (opens in a new tab)

     See Also

     A Beginner’s Guide to AVAXHow to Add Avalanche to Metamask (Desktop & Mobile) | CoinLedgerHow do I transfer assets from Binance? | Avalanche SupportPrimary Network | Avalanche Docs

   • From the left menu, select "Cross-Chain

   • Choose the 'C Chain (Contract) as the destination chain

   • Enter the amount you would like to transfer, and then click 'Confirm'

3. Use Avalanche Bridge (opens in a new tab)

Get free AVAX to trade on decentralized exchange on the Avalanche network.

1. Transfer tokens through Avalanche Bridge (opens in a new tab) using your MetaMask browser extension (Ethereum network).
2. Once you transferred tokens to Avalanche network using Avalanche Bridge, make sure that your MetaMask browser extension is connected using Avalanche network.
3. Sell the token that you bridged from Ethereum to Avalanche network in a decentralized exchange on Avalanche network. For example, Pangolin (opens in a new tab), Lydia Finance (opens in a new tab), or TraderJoe (opens in a new tab).

Send AVAX to MetaMask

Now you can send the AVAX from your Avalanche wallet to your MetaMask wallet.

1. Select "Send"

2. Select "C Contract" as the Source Chain

3. Enter your MetaMask wallet address by copying and pasting it into the To Address field on your Avalanche wallet.

   See Also

   What is the Contract Chain (C-Chain)? | Avalanche Support

4. Confirm, and finalize the transaction.

Connect your wallet

1. Visit Ankr Staking Dashboard (opens in a new tab).
2. Click Connect wallet in the top-right corner of the page.
3. Choose MetaMask.
4. If you have multiple accounts in MetaMask, choose an account to connect and click Next.
5. Click Connect and wait for a couple of moments till the connecting process is finished.
6. Successful connection to Ankr Staking is indicated at top right corner by the address of wallet you connected.
7. If asked by Ankr Staking to switch networks, select a network of your choice.
8. Click Switch network to confirm switching.

Stake AVAX

1. Visit Ankr Staking (opens in a new tab).
2. Locate the Avalanche (AVAX) box and click Stake in it.
3. If asked to switch to the Avalanche network, click Switch network and confirm switching in Metamask by clicking Switch network.
4. Enter the desired amount of AVAX to stake and click Get ankrAVAX (ex-aAVAXc).
   
5. Confirm the transaction in Metamask. As mentioned before, a gas fee is incurred to finalize the staking transaction.
6. Add the liquid staking token to your wallet, clicking or Add ankrAVAX to wallet.
7. Click Go to dashboard to see the added liquid staking token. You may need to wait a little for the transaction to finalize and Dashboard to automatically update.

Don't see your ankrAVAX balance?

If you don't see your ankrAVAX balance in your wallet:

1. Visit Ankr Staking Dashboard (opens in a new tab).
2. Find your liquid staking token, click the three-dot menu, and click Token information.
3. Click Add ankrAVAX to wallet.