How to Stake Kusama (KSM) on Nova Wallet
Nova Wallet directly supports KSM staking. Here's how to get started and earn up to 15.0% APY.
Current APY
15.0%
Price
$4.21
Platform Fee
No
Platform Type
wallet
Start Staking KSM on Nova Wallet
Nova Wallet gives you full control of your assets.
Stake KSM on Nova Wallet โStep-by-Step: Stake KSM on Nova Wallet
Install Nova Wallet
Download and install Nova Wallet from its official site. Set up a new wallet or import an existing seed phrase, and back up your recovery phrase securely.
Fund the wallet with KSM
Buy KSM on an exchange (Coinbase, Kraken, Binance) and withdraw to your Nova Wallet address. Double-check the network before sending.
Open the staking section
In Nova Wallet, navigate to the staking or earn tab for Kusama. Pick a validator โ look for low commission, long uptime, and avoid the top validator to support decentralization.
Delegate and confirm
Enter the amount of KSM to stake and confirm the transaction. Rewards typically begin accruing in 1โ2 epochs and compound automatically or are claimable from the same screen.
Nova Wallet for KSM Staking: Pros & Cons
Pros
- + Best mobile UX in the Polkadot ecosystem
- + Direct support for governance + OpenGov
- + Nomination pools and direct staking with one-tap toggling
- + Ledger Live mobile integration
Cons
- - Mobile-first โ no full desktop client
- - Polkadot ecosystem only
- - Some users prefer a desktop signer for large stakes
Other Platforms for KSM Staking
Exchange ยท 10โ15% commission on rewards
wallet ยท No platform fee โ validator commission only
wallet ยท No platform fee โ validator commission only
wallet ยท No platform fee โ validator commission only
wallet ยท No platform fee โ validator commission only