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How to Stake Bifrost (BNC) on Ankr

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

Current APY

4.0%

Price

$0.0311

Platform Fee

2%

Platform Type

liquid

Start Staking BNC on Ankr

Ankr gives you full control of your assets.

Stake BNC on Ankr →

Step-by-Step: Stake BNC on Ankr

1

Get a compatible wallet

You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Bifrost's network.

2

Acquire BNC

Buy BNC from an exchange and transfer it to your wallet, or swap for it using a DEX.

3

Visit Ankr

Go to Ankr's staking interface and connect your wallet.

4

Stake and receive liquid tokens

Enter your BNC amount and confirm the staking transaction. You'll receive a liquid staking token (LST) representing your staked position.

5

Use your LST in DeFi (optional)

Your liquid staking token can be used across DeFi — lend it, provide liquidity, or hold it to earn staking rewards passively.

Ankr for BNC Staking: Pros & Cons

Pros

  • + Very low 2% fee — one of the cheapest liquid staking options
  • + 10+ supported chains
  • + Long track record since 2017
  • + ANKR token staking for additional rewards

Cons

  • - Lower TVL and liquidity vs Lido
  • - ankrTokens have fewer DeFi integrations
  • - Some chains have limited validator diversity

FAQ: BNC Staking on Ankr

What APY can I earn staking BNC on Ankr?
The current estimated APY for BNC staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and Ankr's fee structure (2% of staking rewards).
Is staking BNC on Ankr safe?
Ankr is a non-custodial protocol with a high risk profile for BNC 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 BNC from Ankr?
Unstaking times depend on the network: Flexible. During the unstaking period, your BNC won't earn rewards.
What fees does Ankr charge for BNC staking?
Ankr charges 2% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake BNC on other platforms?
Yes! You can compare all available platforms for BNC staking on our How to Stake Bifrost guide. Different platforms offer different APY rates, fees, and custody models.