How to Stake LTO Network (LTO)

Introduction

Staking LTO Network can be an excellent choice for those looking to hold LTO 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 LTO Network (LTO) Tokens

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

   Plattform	Kryptowährung	Price
   Binance	LTO Network (LTO)	0 APY
   Uphold	LTO Network (LTO)	0,04 APY
   Bitmart	LTO Network (LTO)	0,07 APY
   Bybit	LTO Network (LTO)	0,1 APY
   CoinEx	LTO Network (LTO)	0,01 APY
   FMFW.io	LTO Network (LTO)	0,05 APY

   View all 20 prices

2. 2. Select a LTO Network Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Binance	LTO Network (LTO)	Up to 1,8 % APY
   MyCointainer	LTO Network (LTO)	Up to 7,08 % APY

   Discover all 5 staking rewards available

3. 3. Delegate Your LTO

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

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.