How to Stake Nibiru (NIBI) for better returns

Introduction

Staking Nibiru can be an excellent choice for individuals looking to hold NIBI 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 Nibiru (NIBI) Tokens

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

   平台	Coin	Price
   Bitmart	Nibiru (NIBI)	0.01 APY
   CoinEx	Nibiru (NIBI)	0.01 APY
   Gate.io	Nibiru (NIBI)	0.01 APY
   Kucoin	Nibiru (NIBI)	0.01 APY
   MEXC Global	Nibiru (NIBI)	0.01 APY

   View all 10 prices

2. 2. Select a Nibiru Wallet for Your Needs

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

   平台	Coin	Staking returns
   Stakin	Nibiru (NIBI)	Up to 63.07% APY

3. 3. Delegate Your NIBI for Enhanced Returns

   We recommend utilizing a staking pool when staking NIBI. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their NIBI, 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 Nibiru network. For these validations, you will be rewarded with NIBI.

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.