How to Stake ApeCoin (APE)

Introduction

Staking ApeCoin 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 ApeCoin (APE) Tokens

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

   Plattform	Kryptowährung	Price
   Nexo	ApeCoin (APE)	0,6 APY
   PrimeXBT	ApeCoin (APE)	0,57 APY
   Uphold	ApeCoin (APE)	0,7 APY
   Bake	ApeCoin (APE)	0,57 APY
   BingX	ApeCoin (APE)	0,57 APY
   Bitfinex	ApeCoin (APE)	0,58 APY

   View all 36 prices

2. 2. Select a ApeCoin Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Bitpanda	ApeCoin (APE)	Up to 15 % 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 ApeCoin 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.