How to Stake JUNO (JUNO): A Step-by-Step Guide for German Investors

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. 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. 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. 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. 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.

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

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

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.