Introduction

Staking Coreum can be an excellent choice for those looking to hold COREUM 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 Coreum (COREUM) Tokens

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

   Plattform	Kryptowährung	Price
   Uphold	Coreum (COREUM)	0,13 APY
   Bitget	Coreum (COREUM)	0,13 APY
   Bitmart	Coreum (COREUM)	0,1 APY
   Bitpanda	Coreum (COREUM)	0,27 APY
   Bitstamp	Coreum (COREUM)	0,1 APY
   Gate.io	Coreum (COREUM)	0,1 APY

   View all 13 prices

2. 2. Select a Coreum Wallet

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

3. 3. Delegate Your COREUM

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

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.