How to Stake Kusama (KSM) on Ankr
Ankr may not directly support KSM staking, but you can still use Ankr to buy KSM and transfer it for staking.
Current APY
15.0%
Price
$4.17
Platform Fee
2%
Platform Type
liquid
Step-by-Step: Stake KSM on Ankr
1
Get a compatible wallet
You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Kusama's network.
2
Acquire KSM
Buy KSM 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 KSM 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 KSM 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
Other Platforms for KSM Staking
FAQ: KSM Staking on Ankr
What APY can I earn staking KSM on Ankr?
The current estimated APY for KSM staking is around 15.0%. Actual rates vary based on network conditions, validator performance, and Ankr's fee structure (2% of staking rewards).
Is staking KSM on Ankr safe?
Ankr is a non-custodial protocol with a high risk profile for KSM 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 KSM from Ankr?
Unstaking times depend on the network: Flexible. During the unstaking period, your KSM won't earn rewards.
What fees does Ankr charge for KSM staking?
Ankr charges 2% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake KSM on other platforms?
Yes! You can compare all available platforms for KSM staking on our How to Stake Kusama guide. Different platforms offer different APY rates, fees, and custody models.