How to Stake Qtum (QTUM)

Introduction

Staking Qtum can be an excellent choice for those looking to hold QTUM 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 Qtum (QTUM) Tokens

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

   Plattform	Kryptowährung	Price
   Binance	Qtum (QTUM)	1,29 APY
   Kraken	Qtum (QTUM)	1,29 APY
   OKX	Qtum (QTUM)	1,89 APY
   Uphold	Qtum (QTUM)	2,53 APY
   BingX	Qtum (QTUM)	1,29 APY
   Bitfinex	Qtum (QTUM)	4,9 APY

   View all 42 prices

2. 2. Select a Qtum Wallet

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

3. 3. Delegate Your QTUM

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

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.