How to Stake Wrapped ZETA (WZETA)

Introduction

Staking Wrapped ZETA can be an excellent choice for those looking to hold WZETA 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 Wrapped ZETA (WZETA) Tokens

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

   Plattform	Kryptowährung	Price
   Bake	Wrapped ZETA (WZETA)	0,11 APY
   BingX	Wrapped ZETA (WZETA)	0,11 APY
   Bitget	Wrapped ZETA (WZETA)	0,11 APY
   Bitmart	Wrapped ZETA (WZETA)	0,2 APY
   Bitpanda	Wrapped ZETA (WZETA)	0,81 APY

   View all 9 prices

2. 2. Select a Wrapped ZETA Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Bitget	Wrapped ZETA (WZETA)	Up to 6,5 % APY
   Bitmart	Wrapped ZETA (WZETA)	Up to 1 % APY

3. 3. Delegate Your WZETA

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

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.