How to Stake Velocimeter FLOW (FLOW)

Introduction

Staking Velocimeter FLOW can be an excellent choice for those looking to hold FLOW 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 Velocimeter FLOW (FLOW) Tokens

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

   Plattform	Kryptowährung	Price
   Coinbase	Velocimeter FLOW (FLOW)	0,27 APY
   Kraken	Velocimeter FLOW (FLOW)	0,27 APY
   Azbit	Velocimeter FLOW (FLOW)	0,27 APY
   Bybit	Velocimeter FLOW (FLOW)	0,27 APY
   CoinEx	Velocimeter FLOW (FLOW)	0,27 APY
   CoinW	Velocimeter FLOW (FLOW)	0,27 APY

   View all 20 prices

2. 2. Select a Velocimeter FLOW Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Kucoin	Velocimeter FLOW (FLOW)	Up to 6 % APY

3. 3. Delegate Your FLOW

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

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.