How to Stake Algorand (ALGO) on Everstake

Everstake may not directly support ALGO staking, but you can still use Everstake to buy ALGO and transfer it for staking.

Current APY

6.0%

Price

$0.1095

Platform Fee

5–10%

Platform Type

validator

Start Staking ALGO on Everstake

Everstake gives you full control of your assets.

Stake ALGO on Everstake →

Step-by-Step: Stake ALGO on Everstake

Set up a wallet

Install a wallet compatible with Algorand's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.

Transfer ALGO to your wallet

Buy ALGO on an exchange and withdraw it to your wallet address.

Connect to Everstake

Visit Everstake's platform and connect your wallet. Make sure you're on the correct network.

Select a staking option

Choose the staking pool, validator, or vault that suits your risk tolerance and desired APY.

Stake and monitor

Confirm the transaction in your wallet. Monitor your staking position and rewards from Everstake's dashboard.

Everstake for ALGO Staking: Pros & Cons

Pros

+ 50+ supported networks
+ 735K+ delegators — trusted track record
+ Competitive 5–10% commission
+ Non-custodial on all networks

Cons

- No liquid staking tokens
- UI less polished than consumer apps
- No slash insurance

Other Platforms for ALGO Staking

🏦Coinbase

Exchange · 25–35% commission on rewards

🐙Kraken

Exchange · 10–15% commission on rewards

🔐Ledger

wallet · No platform fee — only network/validator commission

🛡️Trust Wallet

wallet · No platform fee — validator commission only

🌅Exodus

wallet · No platform fee — validator commission only (note: Exodus's swap feature charges spread)

FAQ: ALGO Staking on Everstake

What APY can I earn staking ALGO on Everstake?

The current estimated APY for ALGO staking is around 6.0%. Actual rates vary based on network conditions, validator performance, and Everstake's fee structure (5–10% commission).

Is staking ALGO on Everstake safe?

Everstake is a non-custodial protocol with a low risk profile for ALGO staking. As a non-custodial platform, you retain control of your private keys. Always assess your risk tolerance before staking.

How long does it take to unstake ALGO from Everstake?

Unstaking times depend on the network: Network-dependent. During the unstaking period, your ALGO won't earn rewards.

What fees does Everstake charge for ALGO staking?

Everstake charges 5–10% commission. These fees are typically deducted from your staking rewards automatically.

Can I stake ALGO on other platforms?

Yes! You can compare all available platforms for ALGO staking on our How to Stake Algorand guide. Different platforms offer different APY rates, fees, and custody models.