How to Stake Casper Network (CSPR)

Introduction

Staking Casper Network can be an excellent choice for those looking to hold CSPR 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 Casper Network (CSPR) Tokens

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

   Plattform	Kryptowährung	Price
   OKX	Casper Network (CSPR)	0,01 APY
   Uphold	Casper Network (CSPR)	0,01 APY
   Bake	Casper Network (CSPR)	0 APY
   BingX	Casper Network (CSPR)	0 APY
   Bitget	Casper Network (CSPR)	0 APY
   Bitmart	Casper Network (CSPR)	0 APY

   View all 32 prices

2. 2. Select a Casper Network Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Uphold	Casper Network (CSPR)	Up to 9,93 % APY
   Bitpanda	Casper Network (CSPR)	Up to 8 % APY
   Everstake	Casper Network (CSPR)	Up to 15,38 % APY

   Discover all 6 staking rewards available

3. 3. Delegate Your CSPR

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

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.