How to Stake JUNO (JUNO)

Introduction

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

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

   Plattform	Kryptowährung	Price
   Kraken	JUNO (JUNO)	0,04 APY
   MEXC Global	JUNO (JUNO)	0,07 APY

   View all 4 prices

2. 2. Select a JUNO Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Stakely.io	JUNO (JUNO)	Up to 23,81 % APY
   Stakewolle	JUNO (JUNO)	Up to 30,57 % APY
   Stakin	JUNO (JUNO)	Up to 25,57 % APY

   Discover all 6 staking rewards available

3. 3. Delegate Your JUNO

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

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.