Introduction

Staking Neutron can be an excellent choice for those looking to hold NTRN 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 Neutron (NTRN) Tokens

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

   Plattform	Kryptowährung	Price
   Binance	Neutron (NTRN)	0,03 APY
   Kraken	Neutron (NTRN)	0,03 APY
   Bake	Neutron (NTRN)	0,03 APY
   BingX	Neutron (NTRN)	0 APY
   Bitget	Neutron (NTRN)	0,03 APY
   Bitmart	Neutron (NTRN)	0,09 APY

   View all 34 prices

2. 2. Select a Neutron Wallet

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

3. 3. Delegate Your NTRN

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

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.