BEST Solana Staking

If you don’t want to spend time reading, focus on these best practices:

1. Security: we recommend cold storage using a hardware wallet that is not always connected to the internet. Ledger is the leader.
2. Self-Custody: relatedly, keeping full custody of your assets is always the best – whether using a hardware or software wallet. The leading software wallets for Solana are Phantom, Solflare, and Exodus.
3. Provider Security: using a staking provider that has security certifications is vital. Look for SOC 2 and CCSS.
4. Chain-of-Custody: any staking provider that does not offer its own API and staking interface creates unnecessary risks. If you are taken elsewhere after initiating a stalking transaction on a provider’s site, think twice.
5. Staking Diversification: if you have a large amount of stake, we recommend you follow the emerging concept of multistaking – spread your stake across multiple staking providers.