Introduction

Staking Neon can be a great option for those who want to hold NEON while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.

Step-by-Step Guide

1. 1. Obtain Neon (NEON) Tokens

   To stake Neon, you need to own it. To obtain Neon, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Cost
   Coinbase	Neon (NEON)	0.06
   BingX	Neon (NEON)	0.06
   Bitmart	Neon (NEON)	0.06
   CoinEx	Neon (NEON)	0.06
   CoinList	Neon (NEON)	0.14
   Crypto.com	Neon (NEON)	0.06

   See all 22 prices

2. 2. Choose a Neon Wallet

   Once you have NEON, you'll need to choose a Neon wallet to store your tokens. Here are some great options.

3. 3. Delegate Your NEON

   We recommend using a staking pool when staking NEON. It's simpler and quicker to get started. A staking pool is a group of validators who combine their NEON, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Begin Validation

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Neon network. You'll be rewarded with NEON for these validations.

What to Be Aware Of

There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.