How to Stake Bone ShibaSwap (BONE)

Introduction

Staking Bone ShibaSwap can be an excellent choice for those looking to hold BONE 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 Bone ShibaSwap (BONE) Tokens

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

   Plattform	Kryptowährung	Price
   OKX	Bone ShibaSwap (BONE)	0,23 APY
   Uphold	Bone ShibaSwap (BONE)	0,29 APY
   BingX	Bone ShibaSwap (BONE)	0,08 APY
   Bitget	Bone ShibaSwap (BONE)	0,19 APY
   Bitmart	Bone ShibaSwap (BONE)	0,08 APY
   CoinEx	Bone ShibaSwap (BONE)	0,08 APY

   View all 23 prices

2. 2. Select a Bone ShibaSwap Wallet

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

   Plattform	Kryptowährung	Staking rewards
   MyCointainer	Bone ShibaSwap (BONE)	Up to 8,12 % APY

3. 3. Delegate Your BONE

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

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.