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

Introduction

Staking NEO can be an excellent choice for those looking to hold NEO 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 NEO (NEO) Tokens
To stake NEO, you first need to acquire it. To obtain NEO, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.
Plattform Kryptowährung Price
PrimeXBT NEO (NEO) 3,86 APY
Binance NEO (NEO) 3,87 APY
OKX NEO (NEO) 3,88 APY
Uphold NEO (NEO) 7,18 APY
BingX NEO (NEO) 3,87 APY
Bitfinex NEO (NEO) 3,9 APY
View all 34 prices
2. Select a NEO Wallet
Once you have NEO, you'll need to select a NEO wallet to securely store your tokens. Here are some solid options to consider.
Plattform Kryptowährung Staking rewards
Binance NEO (NEO) Up to 3,39 % APY
3. Delegate Your NEO
We recommend using a staking pool when staking NEO. It's simpler and faster to get started. A staking pool is a collective of validators who pool their NEO, 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 NEO network. For these validations, you will be rewarded with NEO.

Plattform	Kryptowährung	Price
PrimeXBT	NEO (NEO)	3,86 APY
Binance	NEO (NEO)	3,87 APY
OKX	NEO (NEO)	3,88 APY
Uphold	NEO (NEO)	7,18 APY
BingX	NEO (NEO)	3,87 APY
Bitfinex	NEO (NEO)	3,9 APY

Plattform	Kryptowährung	Staking rewards
Binance	NEO (NEO)	Up to 3,39 % APY

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.

Recent Developments

missing en-de translation: common.latest-movements-copy

Market capitalization: US$1.03B
24h Handelsvolumen: US$62.74M
Circulating supply: 70,53M NEO

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