How to Stake APE (ape)

Introduction

Staking APE can be an excellent choice for those looking to hold ape 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've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire APE (ape) Tokens

   To stake APE, you first need to acquire it. To obtain APE, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	Price
   YouHodler	APE (ape)	0,59 APY
   Binance	APE (ape)	0,59 APY
   BTSE	APE (ape)	0,59 APY
   Coinbase	APE (ape)	0,59 APY
   OKX	APE (ape)	0,59 APY
   Crypto.com	APE (ape)	0,59 APY

   View all 26 prices

2. 2. Select a APE Wallet

   Once you have ape, you'll need to select a APE wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   Binance	APE (ape)	Up to 5 % APY

3. 3. Delegate Your ape

   We recommend using a staking pool when staking ape. It's simpler and faster to get started. A staking pool is a collective of validators who pool their ape, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

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

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.