Introduction

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

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

   Plattform	Kryptowährung	Price
   Binance	IQ (IQ)	0 APY
   OKX	IQ (IQ)	0 APY
   BingX	IQ (IQ)	0 APY
   Bitget	IQ (IQ)	0 APY
   Bitmart	IQ (IQ)	0 APY
   CoinEx	IQ (IQ)	0 APY

   View all 24 prices

2. 2. Select a IQ Wallet

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

3. 3. Delegate Your IQ

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

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.