How to Stake Navio (NAV)

Introduction

Staking Navio can be an excellent choice for those looking to hold NAV 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 Navio (NAV) Tokens

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

   Plattform	Kryptowährung	Price
   MEXC Global	Navio (NAV)	0,05 APY

2. 2. Select a Navio Wallet

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

   Plattform	Kryptowährung	Staking rewards
   MyCointainer	Navio (NAV)	Up to 4,1 % APY

3. 3. Delegate Your NAV

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

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.