1. Set Up a Solana Wallet
You need a Solana-compatible wallet to receive and stake your SOL. Popular options include:
Phantom
Solflare
Backpack
Guides to get started:
⚠️ Important: These are non-custodial wallets. Only you control your funds. Keep your seed phrase safe, offline, and private. Never share it with anyone, even if they claim to be from Marinade or Solana.
💡 Extra tip: For larger amounts, consider a hardware wallet like Ledger or Keystone for additional security.
2. Withdraw SOL from Coinbase
Once your wallet is ready:
Open your wallet and copy your SOL receive address.
On Coinbase, go to Send/Withdraw, paste the address, and confirm the transfer.
Wait for the transaction to finish and your SOL will appear in your wallet.
3. Stake with Marinade
After your SOL arrives in your wallet:
Go to marinade.finance
Click Connect Wallet
Choose your preferred staking method
Confirm the transaction in your wallet
Visual walkthrough available here: Stake SOL with Marinade.
Staking Options in Marinade
A simple, set-it-and-forget-it option.
Your SOL is staked directly and rewards auto-compound in your wallet.
You do not receive an extra token.
Best if you want a passive experience.
You receive mSOL in return for staking.
mSOL continues earning rewards and can also be used across DeFi apps such as lending and liquidity pools.
Best if you want to explore Solana DeFi more actively.
✅ Your SOL is now staked and earning rewards with Marinade.