How to Stake Stafi (FIS)

Introduction

Staking Stafi can be an excellent choice for those looking to hold FIS 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 Stafi (FIS) Tokens

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

   Plattform	Kryptowährung	Price
   Binance	Stafi (FIS)	0,02 APY
   Coinbase	Stafi (FIS)	0,02 APY
   Kraken	Stafi (FIS)	0,02 APY
   Uphold	Stafi (FIS)	0,16 APY
   BingX	Stafi (FIS)	0,12 APY
   Bitget	Stafi (FIS)	0,02 APY

   View all 34 prices

2. 2. Select a Stafi Wallet

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

3. 3. Delegate Your FIS

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

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.