How to Stake Internet Computer (ICP)

Introduction

Staking Internet Computer can be an excellent choice for those looking to hold ICP 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 Internet Computer (ICP) Tokens

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

   Plattform	Kryptowährung	Price
   PrimeXBT	Internet Computer (ICP)	3,07 APY
   YouHodler	Internet Computer (ICP)	3,07 APY
   Binance	Internet Computer (ICP)	3,07 APY
   Coinbase	Internet Computer (ICP)	3,07 APY
   Kraken	Internet Computer (ICP)	3,07 APY
   OKX	Internet Computer (ICP)	5,15 APY

   View all 54 prices

2. 2. Select a Internet Computer Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Binance	Internet Computer (ICP)	Up to 3,92 % APY
   Bitmart	Internet Computer (ICP)	Up to 1 % APY

   Discover all 4 staking rewards available

3. 3. Delegate Your ICP

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

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.