Buy $100 worth of crypto and get a bonus $10

  • Trade crypto and digital assets
  • Significant sign-up bonuses
  • The most trusted finance platform

Disclaimer: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. Your capital is at risk. This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) &USA (by eToro USA LLC) which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

Where To Stake Shiba Inu - Best SHIB Staking Rewards In 2024

Staking digital assets is one of the most attractive aspects of the cryptocurrency sector, and Shiba Inu is no different.

You can stake the decentralized meme token in order to earn SHIB token rewards, whether through Shiba Swap, or an exchange. Staked SHIB tokens can be withdrawn at anytime, reducing risk that would otherwise exist if there was a lock period.

Let’s talk about the best way to stake Shiba Inu.

Best Exchanges for Staking Shiba Inu

Binance Logo


  • Easy sign-up process
  • Lowest transaction fees of any major exchange
  • 175+ different digital assets available
  • Free deposits
Funding Methods: Debit & Credit Card, Wire Transfer, ACH
Cryptocurrencies: 175+
Countries: 100+
Binance offers a relatively secure, versatile way to invest in and trade cryptocurrencies. The platform could be overwhelming for both beginners and experienced traders. Binance offers lower fees than many other cryptocurrency exchanges.
  • Industry-leading volumes with unmatched selection of tokens and coins

  • Ultra-low fees

  • Extremely quick transactions

  • Lucrative on-site staking options

  • Main site not available in the USA

  • Less regulated than some competitors

  • No physical headquarters



ByBit is an ideal crypto exchange for advanced traders thanks to its low-fee structure and high trading volumes.
  • Easy registration process for website and mobile app

  • Attractive fee structure

  • Fully anonymous exchange

  • Trading bonuses and rewards

  • Limited crypto asset selection

  • Cannot fund account with fiat currency

How Does Staking Shiba Inu Work?

Shiba Inu staking is a fairly simple process wherein you take your SHIB tokens and use a staking platform such as centralized exchanges, decentralized exchanges, or Shiba Swap, in order to earn additional SHIB tokens as a reward. Staked Shiba tokens can be withdrawn at any time, as there is no locked staking for Shiba Inu.

What Are the Best Ways to Stake Shiba Inu Tokens?

There are three main ways to stake Shiba Inu coins: on centralized exchanges (CEX), decentralized exchange (DEX), and directly to the Shiba ecosystem platform ShibaSwap.

ShibaSwap is available on the only Shiba Inu network which is the Ethereum blockchain. Below we’ll give you basic steps on how to stake Shiba Inu through all three methods. The first step before being able to stake SHIB tokens through any of the below methods is to buy Shiba Inu with digital or fiat currency.

This can be done through centralized platforms, or decentralized ones (provided you already have digital assets).

How to Stake Shiba Inu on an Exchange

To stake Shiba Inu tokens on a CEX you first need to find an exchange that supports SHIB staking such as Binance. Binance offers flexible SHIB staking meaning that you can withdraw your staked tokens at any time and still earn rewards from the period of time that you were participating in Shiba staking. There is no locked staking option.

In order to stake Shiba Inu on Binance, you first must navigate to their Earn section, which is where you can find a variety of ways to earn passive income. To stake SHIB with Binance, type SHIB into the search bar in the Earn section, then click the results that comes up. Enter the amount of SHIB tokens you want to stake, then confirm the details. You are then participating in Shiba Inu staking on Binance, for which you’ll earn more SHIB tokens.

Binance staking shib

Staking SHIB on Binance

How to Stake Shiba Inu on a DEX

To begin staking Shiba Inu tokens on a decentralized exchange such as Uniswap you will also need a secondary asset such as Ethereum (ETH). This is because you have to join a staking pool, or liquidity pool as it’s often referred to. In order to add liquidity to a staking pool on Uniswap, you have to have two assets in equivalent dollar amounts.

For example, if you have $100 in SHIB tokens, you’ll also need $100 in ETH to add the entirety of your holdings to the pool. You then add liquidity to the pool, and in return you earn rewards that are prorated to your contribution.

Staking shib dex

Staking SHIB on Uniswap

How to Stake Shiba Inu (SHIB) on ShibaSwap?

For Shiba Inu staking on ShibaSwap, you first need to connect your wallet such as a MetaMask to the ShibaSwap platform. Then, navigate to the BURY section (which also says “Stake Tokens”), choose the amount of Shiba Inu you want to stake, then confirm the transaction using your wallet when prompted.

There are other aspects to the SHIB army platform, including the Doggy DAO, and a built-in exchange.

Staking SHIB on uniswap

Staking SHIB on ShibaSwap

How Much Can You Earn Staking SHIB Tokens?

Usually, the amount you can of staking rewards you can earn from staking Shiba Inu (SHIB) tokens depends on where you choose to stake SHIB. However, staking directly on the Shiba Inu platform ShibaSwap is the only way to do so without it being part of providing liquidity (staking on a DEX), and staking SHIB on a CEX ostensibly just uses ShibaSwap and stake the SHIB tokens on your behalf. The rate for staking Shiba Inu on ShibaSwap and through a CEX like Binance has the same APR of 0.2%, which is quite low. The rate for using something like Uniswap is likely higher, but comes with more risk.

Benefits of Staking Shiba Inu Tokens

Shiba Inu staking only gives a small APR that is paid out in Shiba Inu token, and is essentially the only benefit to staking Shiba Inu. There are higher returns for staking BONE tokens than for staking SHIB tokens, but BONE has even less utility than SHIB and is only useable within the Shiba Inu ecosystem.

What are the Risks of Staking Shiba Inu

There aren’t really any risks to staking Shiba Inu unless you’re providing liquidity to a pool on a DEX such as Uniswap. In this case, you face the risk of impermanent loss.

The Bottom Line

Shiba staking isn’t all that lucrative, especially compared to other assets such as Cardano, Ethereum, and Solana, which all offer over 4% in APR compared to the 0.2% you’ll get when you stake SHIB tokens. If you already own SHIB, it’s not the worst idea to stake it, however, you can get higher returns with just about any asset other than Shiba Inu.

Frequently Asked Questions About Staking SHIB

Yes, you can stake your Shiba Inu through multiple platforms.

The amount of SHIB token you get for for staking depends on the amount of SHIB staked tokens. It will be proportional.

Yes, you can stake Shiba Inu using your MetaMask wallet.

Staking Shiba Inu isn’t the best investment because the rewards are only about 0.2% APR, which is lower than just holding money in a bank account. There are better passive income options. The bigger question is whether you believe SHIB will increase dramatically in value.

Yes, you can stake Shiba Inu on Binance and earn staking rewards/passive income.

CryptoVantage Logo

About the Author

CryptoVantage Staff is committed to simplifying cryptocurrency for everyday people. Learn more about and our team on the About Us page.

Back To Top