How to Stake Jupiter (JUP)

Introduction

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

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

   Plattform	Kryptowährung	Price
   PrimeXBT	Jupiter (JUP)	0,21 APY
   Coinbase	Jupiter (JUP)	0,21 APY
   Kraken	Jupiter (JUP)	0,21 APY
   Uphold	Jupiter (JUP)	0,55 APY
   Azbit	Jupiter (JUP)	0,21 APY

   View all 29 prices

2. 2. Select a Jupiter Wallet

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

   Plattform	Kryptowährung	Staking rewards
   YouHodler	Jupiter (JUP)	Up to 15 % APY

3. 3. Delegate Your JUP

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

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.