Introduction

Staking Bluzelle can be an excellent choice for those looking to hold BLZ 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 Bluzelle (BLZ) Tokens

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

   Plattform	Kryptowährung	Price
   Binance	Bluzelle (BLZ)	0,06 APY
   Coinbase	Bluzelle (BLZ)	0,01 APY
   Kraken	Bluzelle (BLZ)	0,01 APY
   Uphold	Bluzelle (BLZ)	0,04 APY
   BingX	Bluzelle (BLZ)	0,01 APY
   Bitget	Bluzelle (BLZ)	0,04 APY

   View all 32 prices

2. 2. Select a Bluzelle Wallet

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

3. 3. Delegate Your BLZ

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

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.