How to Stake Plian (PI) in Singapore

Everything you need to know about staking PI if you're based in Singapore. Current APY: 12.0%.

APY

12.0%

PI Price

$0.0008

Available Platforms

3

Staking Type

native

Regulation in Singapore

The Monetary Authority of Singapore (MAS) regulates crypto through the Payment Services Act (PSA). Exchanges must hold a Major Payment Institution (MPI) license. MAS has taken a strict but clear approach — retail access to crypto trading is tightened, but staking through licensed entities is permitted. Individual DeFi staking is unregulated.

Tax: Singapore has no capital gains tax, making it one of the most tax-friendly jurisdictions for crypto. However, if staking is conducted as a business activity, income tax applies. Personal staking rewards for individual investors are generally not taxed. Seek local tax advice.

Best Platforms to Stake PI in Singapore

Kraken

10 assets · ~4.8% avg APY · Licensed and operating in Singapore

OKX

30 assets · ~5.1% avg APY · MPI-licensed with full staking support

Lido

1 assets · ~3.4% avg APY · Decentralized protocol with no geographic restrictions

Restricted Platforms

CoinbaseAvailable but with limited retail marketing under MAS rules
BinanceRestricted from soliciting Singapore users; accessible via DeFi

Step-by-Step: Stake PI in Singapore

1

Choose a platform available in Singapore

Select from Kraken, OKX, Lido. Consider fees, APY rates, and whether you prefer custodial or self-custody.

2

Create and verify your account

Most platforms require KYC (identity verification) for Singapore residents. Have your ID and proof of address ready.

3

Buy or deposit PI

Fund your account with local currency or transfer PI from another wallet. Check which deposit methods work in Singapore.

4

Stake your tokens

Navigate to the staking section, select PI, choose your amount, and confirm. Your tokens will start earning 12.0% APY.

5

Track rewards and tax obligations

Singapore has no capital gains tax, making it one of the most tax-friendly jurisdictions for crypto. However, if staking is conducted as a business activity, income tax applies. Personal staking rewards for individual investors are generally not taxed. Seek local tax advice.

FAQ

Is PI staking legal in Singapore?
The Monetary Authority of Singapore (MAS) regulates crypto through the Payment Services Act (PSA). Exchanges must hold a Major Payment Institution (MPI) license. MAS has taken a strict but clear approach — retail access to crypto trading is tightened, but staking through licensed entities is permitted. Individual DeFi staking is unregulated. Always check the latest regulations as crypto laws evolve frequently.
What's the best platform for PI staking in Singapore?
Kraken is a popular choice with 4.8% average APY and 10 supported assets.
Do I need to pay tax on PI staking rewards in Singapore?
Singapore has no capital gains tax, making it one of the most tax-friendly jurisdictions for crypto. However, if staking is conducted as a business activity, income tax applies. Personal staking rewards for individual investors are generally not taxed. Seek local tax advice.
What APY can I earn staking PI?
Current estimated APY for PI staking is 12.0%. Actual rates vary by platform and network conditions.
How to Stake Plian (PI) in Singapore — 2026 Guide | Stacky