Introduction

Staking Biconomy can be a great option for those who want to hold BICO 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 Biconomy (BICO) Tokens

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

   Platform	Coin	Cost
   Binance	Biconomy (BICO)	0.04
   Coinbase	Biconomy (BICO)	0.04
   Kraken	Biconomy (BICO)	0.04
   OKX	Biconomy (BICO)	0.13
   Uphold	Biconomy (BICO)	0.11
   BingX	Biconomy (BICO)	0.04

   See all 44 prices

2. 2. Choose a Biconomy Wallet

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

3. 3. Delegate Your BICO

   We recommend using a staking pool when staking BICO. It's simpler and quicker to get started. A staking pool is a group of validators who combine their BICO, 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 Biconomy network. You'll be rewarded with BICO 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.