How to Stake Moonbeam (GLMR)

Introduction

Staking Moonbeam can be an excellent choice for those looking to hold GLMR 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 Moonbeam (GLMR) Tokens

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

   Plattform	Kryptowährung	Price
   Binance	Moonbeam (GLMR)	0,08 APY
   BTSE	Moonbeam (GLMR)	0,08 APY
   Kraken	Moonbeam (GLMR)	0,08 APY
   OKX	Moonbeam (GLMR)	0,09 APY
   Uphold	Moonbeam (GLMR)	0,08 APY
   BingX	Moonbeam (GLMR)	0,08 APY

   View all 39 prices

2. 2. Select a Moonbeam Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Binance	Moonbeam (GLMR)	Up to 7,1 % APY
   Bitpanda	Moonbeam (GLMR)	Up to 5 % APY
   BTSE	Moonbeam (GLMR)	Up to 2,4 % APY

   Discover all 9 staking rewards available

3. 3. Delegate Your GLMR

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

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.