Introduction

Staking Kyber Network Crystal can be an excellent choice for those looking to hold KNC 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 Kyber Network Crystal (KNC) Tokens

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

   Plattform	Kryptowährung	Price
   Nexo	Kyber Network Crystal (KNC)	0,39 APY
   Binance	Kyber Network Crystal (KNC)	0,29 APY
   BTSE	Kyber Network Crystal (KNC)	0,29 APY
   Coinbase	Kyber Network Crystal (KNC)	0,29 APY
   Kraken	Kyber Network Crystal (KNC)	0,29 APY
   OKX	Kyber Network Crystal (KNC)	0,39 APY

   View all 49 prices

2. 2. Select a Kyber Network Crystal Wallet

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

3. 3. Delegate Your KNC

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

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.