Binance Chain Staking Guides
By staking your BNB, you participate in the selection process of Binance Smart Chain validators and earn rewards. Staking BNB is critical for securing the network. Validators can self-bond, meaning they can delegate BNB to themselves, and they can also receive delegations from any other BNB holders.
Go to the staking page or find the shortcut at BEW homepage
Mainnet: https://www.binance.org/en/staking
Testnet: https://testnet-staking.binance.org/en/staking (In case you wish to try in testnet)
Delegate Example
This example is in testnet. The process is the same in mainnet.
Click on “Connect Wallet”
Unlock your wallet
Click on “delegate” and input the amount
Confirm your transaction in extension wallet
Success
Click on "My Staking" to see your delegation overview
You can see the staking history here
Your BNB are still staked
You can choose to move your staked BNB to a different validator by sending a redelegate transaction. For example, you can redelegate from validator A to validator B. Your BNB are still staked, and you can receive rewards from validator B since next 00:00 UTC
You cannot redelegate too frequently
Redelegations between a unique delegator, source validator, and destination validator can only happen once every 7 days
Click on redelegate
Select a new validator and redegelate amount
Confirm your transaction in extension wallet
Success
Refresh and see your delegation changes
You will not be able to receive staking rewards for 7 days after undelegation
You will not be able to move your BNB for 7 days after the first undelegate transaction
Click undelegate button
input the amount
Confirm your transaction in the extension wallet
Success
Refresh and see your delegation changes
Click on "My Staking" to see your delegation overview
Scroll down to "History" tab and click on "Reward"
