How to Stake Binance-Peg NEAR Protocol (NEAR)

Introduction

Staking Binance-Peg NEAR Protocol can be an excellent choice for those looking to hold NEAR 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 Binance-Peg NEAR Protocol (NEAR) Tokens

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

   Plattform	Kryptowährung	Price
   Coinbase	Binance-Peg NEAR Protocol (NEAR)	1,71 APY
   Kraken	Binance-Peg NEAR Protocol (NEAR)	1,7 APY
   Azbit	Binance-Peg NEAR Protocol (NEAR)	1,71 APY
   CoinEx	Binance-Peg NEAR Protocol (NEAR)	1,71 APY
   Kucoin	Binance-Peg NEAR Protocol (NEAR)	1,71 APY
   Klink	Binance-Peg NEAR Protocol (NEAR)	2,36 APY

   View all 12 prices

2. 2. Select a Binance-Peg NEAR Protocol Wallet

   Once you have NEAR, you'll need to select a Binance-Peg NEAR Protocol wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   Kucoin	Binance-Peg NEAR Protocol (NEAR)	Up to 6 % APY

3. 3. Delegate Your NEAR

   We recommend using a staking pool when staking NEAR. It's simpler and faster to get started. A staking pool is a collective of validators who pool their NEAR, 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 Binance-Peg NEAR Protocol network. For these validations, you will be rewarded with NEAR.

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.