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How to Stake Bitget Staked SOL (BGSOL) on MyNearWallet

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

Current APY

4.0%

Price

$95.63

Platform Fee

No

Platform Type

wallet

Start Staking BGSOL on MyNearWallet

MyNearWallet gives you full control of your assets.

Stake BGSOL on MyNearWallet →

Step-by-Step: Stake BGSOL on MyNearWallet

1

Install MyNearWallet

Download and install MyNearWallet from its official site. Set up a new wallet or import an existing seed phrase, and back up your recovery phrase securely.

2

Fund the wallet with BGSOL

Buy BGSOL on an exchange (Coinbase, Kraken, Binance) and withdraw to your MyNearWallet address. Double-check the network before sending.

3

Open the staking section

In MyNearWallet, navigate to the staking or earn tab for Bitget Staked SOL. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.

4

Delegate and confirm

Enter the amount of BGSOL to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.

MyNearWallet for BGSOL Staking: Pros & Cons

Pros

  • + Browser-based — no install required
  • + Direct delegation to any NEAR validator
  • + Compatible with Ledger hardware wallets
  • + Open-source codebase

Cons

  • - NEAR-only; no multi-chain support
  • - Web wallets carry phishing risk — bookmark the real URL
  • - Original NEAR Wallet was deprecated in 2023; some legacy guides are outdated

FAQ: BGSOL Staking on MyNearWallet

What APY can I earn staking BGSOL on MyNearWallet?
The current estimated APY for BGSOL staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and MyNearWallet's fee structure (No platform fee — validator commission (typically 1–10%)).
Is staking BGSOL on MyNearWallet safe?
MyNearWallet is a non-custodial protocol with a high risk profile for BGSOL 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 BGSOL from MyNearWallet?
Unstaking times depend on the network: ~2–3 days unstaking (4 epochs). During the unstaking period, your BGSOL won't earn rewards.
What fees does MyNearWallet charge for BGSOL staking?
MyNearWallet charges No platform fee — validator commission (typically 1–10%). These fees are typically deducted from your staking rewards automatically.
Can I stake BGSOL on other platforms?
Yes! You can compare all available platforms for BGSOL staking on our How to Stake Bitget Staked SOL guide. Different platforms offer different APY rates, fees, and custody models.