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

Introduction

Staking Optimism can be an excellent choice for those looking to hold OP 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 Optimism (OP) Tokens
To stake Optimism, you first need to acquire it. To obtain Optimism, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.
Plattform Kryptowährung Price
Nexo Optimism (OP) 0,32 APY
PrimeXBT Optimism (OP) 0,32 APY
YouHodler Optimism (OP) 0,32 APY
Binance Optimism (OP) 0,32 APY
BTSE Optimism (OP) 0,32 APY
OKX Optimism (OP) 0,72 APY
View all 45 prices
2. Select a Optimism Wallet
Once you have OP, you'll need to select a Optimism wallet to securely store your tokens. Here are some solid options to consider.
3. Delegate Your OP
We recommend using a staking pool when staking OP. It's simpler and faster to get started. A staking pool is a collective of validators who pool their OP, 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 Optimism network. For these validations, you will be rewarded with OP.

Plattform	Kryptowährung	Price
Nexo	Optimism (OP)	0,32 APY
PrimeXBT	Optimism (OP)	0,32 APY
YouHodler	Optimism (OP)	0,32 APY
Binance	Optimism (OP)	0,32 APY
BTSE	Optimism (OP)	0,32 APY
OKX	Optimism (OP)	0,72 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.