How to Stake Stride (STRD) for better returns

Introduction

Staking Stride can be an excellent choice for individuals looking to hold STRD 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 Stride (STRD) Tokens

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

   Platform	Coin	Price
   Kraken	Stride (STRD)	0.03 APY
   CoinEx	Stride (STRD)	0.03 APY
   MEXC Global	Stride (STRD)	0.05 APY

   View all 6 prices

2. 2. Select a Stride Wallet for Your Needs

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

   Platform	Coin	Staking returns
   Everstake	Stride (STRD)	Up to 2.85% APY
   MyCointainer	Stride (STRD)	Up to 12.1% APY
   Stakely.io	Stride (STRD)	Up to 1.57% APY
   Stakewolle	Stride (STRD)	Up to 14.56% APY

   View all 7 staking rewards available

3. 3. Delegate Your STRD for Enhanced Returns

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

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.