Introduction

Staking Neon can be an excellent choice for those looking to hold NEON 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 Neon (NEON) Tokens

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

   Plattform	Kryptowährung	Price
   Coinbase	Neon (NEON)	0,06 APY
   BingX	Neon (NEON)	0,06 APY
   Bitmart	Neon (NEON)	0,06 APY
   CoinEx	Neon (NEON)	0,06 APY
   CoinList	Neon (NEON)	0,14 APY
   Crypto.com	Neon (NEON)	0,06 APY

   View all 22 prices

2. 2. Select a Neon Wallet

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

3. 3. Delegate Your NEON

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

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.