Introduction

Staking LeverFi can be an excellent choice for individuals looking to hold LEVER while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we have created this comprehensive guide to assist you.

Step-by-Step Guide

1. 1. Acquire LeverFi (LEVER) Tokens

   To stake LeverFi, you first need to acquire it. To obtain LeverFi, you can purchase it from these well-known exchanges.

   Platform	Coin	Price
   Binance	LeverFi (LEVER)	0.000175 APY
   BTSE	LeverFi (LEVER)	0.000321 APY
   BingX	LeverFi (LEVER)	0.00001803 APY
   Bitget	LeverFi (LEVER)	0.000211 APY
   Bitmart	LeverFi (LEVER)	0.000019 APY
   Bitpanda	LeverFi (LEVER)	0 APY

   View all 24 prices

2. 2. Select a LeverFi Wallet for Your Needs

   Once you have LEVER, you'll need to select a LeverFi wallet to securely store your tokens. Here are some excellent options to consider.

3. 3. Delegate Your LEVER for Enhanced Returns

   We recommend utilizing a staking pool when staking LEVER. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their LEVER, enhancing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.

4. 4. Begin Verification

   You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the LeverFi network. For these validations, you will be rewarded with LEVER.

What to Consider in the Chinese Market

When engaging in transactions and participating in staking pools, it's important to factor in the associated fees. Additionally, there may be a waiting period before you begin to receive rewards. The staking pool must successfully generate blocks, which can require some time to accomplish.