How to Stake Apes Go Bananas (AGB)

Introduction

Staking Apes Go Bananas can be an excellent choice for those looking to hold AGB 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 Apes Go Bananas (AGB) Tokens

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

   Plattform	Kryptowährung	Price
   Gate.io	Apes Go Bananas (AGB)	0 APY

2. 2. Select a Apes Go Bananas Wallet

   Once you have AGB, you'll need to select a Apes Go Bananas wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   Bitmart	Apes Go Bananas (AGB)	Up to 1 % APY

3. 3. Delegate Your AGB

   We recommend using a staking pool when staking AGB. It's simpler and faster to get started. A staking pool is a collective of validators who pool their AGB, 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 Apes Go Bananas network. For these validations, you will be rewarded with AGB.

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.