Introduction

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

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

   Plattform	Kryptowährung	Price
   Binance	LeverFi (LEVER)	0,000175 APY
   BTSE	LeverFi (LEVER)	0,000321 APY
   BingX	LeverFi (LEVER)	0,00001805 APY
   Bitget	LeverFi (LEVER)	0,000211 APY
   Bitmart	LeverFi (LEVER)	0,000019 APY
   Bitpanda	LeverFi (LEVER)	0 APY

   View all 24 prices

2. 2. Select a LeverFi Wallet

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

3. 3. Delegate Your LEVER

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

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.