How to Stake Terra Luna Classic (LUNC)

Introduction

Staking Terra Luna Classic can be an excellent choice for those looking to hold LUNC 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 Terra Luna Classic (LUNC) Tokens

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

   Plattform	Kryptowährung	Price
   Binance	Terra Luna Classic (LUNC)	0,00003929 APY
   BTSE	Terra Luna Classic (LUNC)	0,00003931 APY
   OKX	Terra Luna Classic (LUNC)	0,0000599 APY
   Uphold	Terra Luna Classic (LUNC)	0,00006084 APY
   BingX	Terra Luna Classic (LUNC)	0,00003956 APY
   Bitget	Terra Luna Classic (LUNC)	0,00003934 APY

   View all 27 prices

2. 2. Select a Terra Luna Classic Wallet

   Once you have LUNC, you'll need to select a Terra Luna Classic wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   Bitget	Terra Luna Classic (LUNC)	Up to 8 % APY
   Bitmart	Terra Luna Classic (LUNC)	Up to 0,3 % APY

   Discover all 5 staking rewards available

3. 3. Delegate Your LUNC

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

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.