How to Stake Mintlayer (ML) on Bybit

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

Current APY

12.0%

Price

$0.0068

Platform Fee

Built

Platform Type

Exchange

Start Staking ML on Bybit

Bybit handles all the technical setup.

Stake ML on Bybit

Step-by-Step: Stake ML 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 ML

Transfer ML 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 Mintlayer (ML) in the list of available staking assets.

4

Choose your staking amount

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

5

Confirm and start earning

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

Bybit for ML 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: ML Staking on Bybit

What APY can I earn staking ML on Bybit?
The current estimated APY for ML staking is around 12.0%. Actual rates vary based on network conditions, validator performance, and Bybit's fee structure (Built into rates).
Is staking ML on Bybit safe?
Bybit is a custodial exchange with a high risk profile for ML staking. As a custodial platform, they manage your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake ML from Bybit?
Unstaking times depend on the network: Flexible and locked terms. During the unstaking period, your ML won't earn rewards.
What fees does Bybit charge for ML staking?
Bybit charges Built into rates. These fees are typically deducted from your staking rewards automatically.
Can I stake ML on other platforms?
Yes! You can compare all available platforms for ML staking on our How to Stake Mintlayer guide. Different platforms offer different APY rates, fees, and custody models.