Where and How to Stake LTO Network (LTO)

Introduction

Staking LTO Network can be a great choice for those who want to hold LTO but earn yield in a secure way while contributing to the network. The steps can be a little overwhelming, especially the first time you go through them. That’s why we’ve put this guide together for you.

Step-by-step Guide

1. 1. Get LTO Network (LTO) Tokens

   To stake LTO Network, you need to have it. To obtain LTO Network, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Loonies	Price
   Uphold	LTO Network (LTO)	0.06
   Binance	LTO Network (LTO)	0.06
   Kucoin	LTO Network (LTO)	0.06
   CoinEx	LTO Network (LTO)	0.06
   Bitmart	LTO Network (LTO)	0.07
   Gate.io	LTO Network (LTO)	0.06

   See all 17 prices

2. 2. Select a LTO Network Wallet

   Once you have LTO, you’ll need to choose a LTO Network wallet to store your tokens. Here are some good options.

   Platform	Loonies	Staking rewards
   Binance	LTO Network (LTO)	Up to 2.9 annual percentage yield
   MyCointainer	LTO Network (LTO)	Up to 7.08 annual percentage yield
   Stakely.io	LTO Network (LTO)	Up to 8.44 annual percentage yield

   See all 5 staking rewards

3. 3. Delegate Your LTO

   We recommend using a staking pool when staking LTO. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their LTO, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   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 LTO Network network. You'll be rewarded with LTO for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.