How to Stake Portal (PORTAL)

Introduction

Staking Portal can be an excellent choice for those looking to hold PORTAL 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 Portal (PORTAL) Tokens

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

   Plattform	Kryptowährung	Price
   PrimeXBT	Portal (PORTAL)	0,02 APY
   Binance	Portal (PORTAL)	0,02 APY
   BTSE	Portal (PORTAL)	0,02 APY
   Kraken	Portal (PORTAL)	0,02 APY
   Azbit	Portal (PORTAL)	0,02 APY
   BingX	Portal (PORTAL)	0,02 APY

   View all 39 prices

2. 2. Select a Portal Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Bitmart	Portal (PORTAL)	Up to 1 % APY

3. 3. Delegate Your PORTAL

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

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.