How to Stake Notcoin (NOT)

Introduction

Staking Notcoin can be an excellent choice for those looking to hold NOT 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 Notcoin (NOT) Tokens

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

   Plattform	Kryptowährung	Price
   PrimeXBT	Notcoin (NOT)	0,000533 APY
   YouHodler	Notcoin (NOT)	0,000533 APY
   Binance	Notcoin (NOT)	0,000533 APY
   Kraken	Notcoin (NOT)	0,000533 APY
   OKX	Notcoin (NOT)	0 APY
   Uphold	Notcoin (NOT)	0 APY

   View all 44 prices

2. 2. Select a Notcoin Wallet

   Once you have NOT, you'll need to select a Notcoin wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   Binance	Notcoin (NOT)	Up to 7,9 % APY

3. 3. Delegate Your NOT

   We recommend using a staking pool when staking NOT. It's simpler and faster to get started. A staking pool is a collective of validators who pool their NOT, 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 Notcoin network. For these validations, you will be rewarded with NOT.

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.