Introduction

Staking Bonk can be an excellent choice for those looking to hold BONK 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 Bonk (BONK) Tokens

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

   Plattform	Kryptowährung	Price
   YouHodler	Bonk (BONK)	0,0000106 APY
   Binance	Bonk (BONK)	0,0000106 APY
   BTSE	Bonk (BONK)	0,00001059 APY
   OKX	Bonk (BONK)	0,00002173 APY
   Uphold	Bonk (BONK)	0,00001688 APY
   Bake	Bonk (BONK)	0,00001066 APY

   View all 41 prices

2. 2. Select a Bonk Wallet

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

3. 3. Delegate Your BONK

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

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.