How to Stake NEAR Protocol (NEAR): A Step-by-Step Guide for German Investors

Introduction

Staking NEAR Protocol can be an excellent choice for those looking to hold NEAR 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. Acquire NEAR Protocol (NEAR) Tokens
To stake NEAR Protocol, you first need to acquire it. To obtain NEAR Protocol, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.
Plattform Kryptowährung Price
Nexo NEAR Protocol (NEAR) 1,6 APY
PrimeXBT NEAR Protocol (NEAR) 1,59 APY
YouHodler NEAR Protocol (NEAR) 1,59 APY
Binance NEAR Protocol (NEAR) 1,6 APY
BTSE NEAR Protocol (NEAR) 1,58 APY
View all 59 prices

Plattform	Kryptowährung	Price
Nexo	NEAR Protocol (NEAR)	1,6 APY
PrimeXBT	NEAR Protocol (NEAR)	1,59 APY
YouHodler	NEAR Protocol (NEAR)	1,59 APY
Binance	NEAR Protocol (NEAR)	1,6 APY
BTSE	NEAR Protocol (NEAR)	1,58 APY

2. Select a NEAR Protocol Wallet

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

Plattform	Kryptowährung	Staking rewards
YouHodler	NEAR Protocol (NEAR)	Up to 12 % APY
Uphold	NEAR Protocol (NEAR)	Up to 7,75 % APY
Atomic Wallet	NEAR Protocol (NEAR)	Up to 11 % APY
Bake	NEAR Protocol (NEAR)	Up to 6,5 % APY
Binance	NEAR Protocol (NEAR)	Up to 3,8 % APY

Discover all 31 staking rewards available

3. Delegate Your NEAR
We recommend using a staking pool when staking NEAR. It's simpler and faster to get started. A staking pool is a collective of validators who pool their NEAR, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
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 NEAR Protocol network. For these validations, you will be rewarded with NEAR.

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.