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An in-depth guide on how to stake Internet Computer (ICP) in Germany
We have extensive data on staking Internet Computer (ICP) and we are pleased to share some of this information with you.
We present you with various staking options featuring different coins that may pique your interest.
Internet Computer (ICP) is currently priced at US$1 with a 24-hour trading volume of US$219.57M. The market cap of Internet Computer stands at US$4.94B, with 479,09M ICP in circulation. For those looking to buy or trade Internet Computer, Binance offers avenues to do so securely and efficiently}
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.
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) | 3,16 APY |
| YouHodler | Internet Computer (ICP) | 3,16 APY |
| Binance | Internet Computer (ICP) | 3,17 APY |
| Coinbase | Internet Computer (ICP) | 3,16 APY |
| Kraken | Internet Computer (ICP) | 3,16 APY |
| OKX | Internet Computer (ICP) | 5,15 APY |
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 |
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.
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.
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.
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