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How to Stake MultiversX (EGLD) on Bybit

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

Current APY

11.0%

Price

$3.8

Platform Fee

Built

Platform Type

Exchange

Start Staking EGLD on Bybit

Bybit handles all the technical setup.

Stake EGLD on Bybit →

Step-by-Step: Stake EGLD on Bybit

1

Create a Bybit account

Sign up at Bybit, complete identity verification (KYC), and secure your account with 2FA.

2

Deposit or buy EGLD

Transfer EGLD to your Bybit wallet, or buy it directly using fiat currency (bank transfer, card, etc.).

3

Navigate to Staking

Go to the staking or earn section on Bybit. Find MultiversX (EGLD) in the list of available staking assets.

4

Choose your staking amount

Enter the amount of EGLD you want to stake. Review the estimated APY, lock period, and any fees.

5

Confirm and start earning

Confirm the staking transaction. Your EGLD will begin earning rewards, usually within 1–3 days. Rewards are typically auto-compounded.

Bybit for EGLD Staking: Pros & Cons

Pros

  • + High liquidity and competitive Earn rates
  • + 40+ stakeable assets
  • + Dual Investment and Launchpad bonuses
  • + 24/7 customer support

Cons

  • - Not available in the US, UK, and some EU countries
  • - Custodial
  • - Primarily known for derivatives — staking is secondary

FAQ: EGLD Staking on Bybit

What APY can I earn staking EGLD on Bybit?
The current estimated APY for EGLD staking is around 11.0%. Actual rates vary based on network conditions, validator performance, and Bybit's fee structure (Built into rates).
Is staking EGLD on Bybit safe?
Bybit is a custodial exchange with a medium risk profile for EGLD staking. As a custodial platform, they manage your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake EGLD from Bybit?
Unstaking times depend on the network: Flexible and locked terms. During the unstaking period, your EGLD won't earn rewards.
What fees does Bybit charge for EGLD staking?
Bybit charges Built into rates. These fees are typically deducted from your staking rewards automatically.
Can I stake EGLD on other platforms?
Yes! You can compare all available platforms for EGLD staking on our How to Stake MultiversX guide. Different platforms offer different APY rates, fees, and custody models.