How to Stake Livepeer (LPT)

Introduction

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

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

   Plattform	Kryptowährung	Price
   PrimeXBT	Livepeer (LPT)	2,95 APY
   Binance	Livepeer (LPT)	2,96 APY
   BTSE	Livepeer (LPT)	2,96 APY
   Coinbase	Livepeer (LPT)	2,96 APY
   Kraken	Livepeer (LPT)	2,96 APY
   OKX	Livepeer (LPT)	3,82 APY

   View all 53 prices

2. 2. Select a Livepeer Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Binance	Livepeer (LPT)	Up to 18,9 % APY
   BTSE	Livepeer (LPT)	Up to 9,27 % APY

   Discover all 5 staking rewards available

3. 3. Delegate Your LPT

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

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.