How to Stake Zilliqa (ZIL)

Introduction

Staking Zilliqa can be an excellent choice for those looking to hold ZIL 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 Zilliqa (ZIL) Tokens

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

   Plattform	Kryptowährung	Price
   EarnPark	Zilliqa (ZIL)	0 APY
   YouHodler	Zilliqa (ZIL)	0 APY
   Binance	Zilliqa (ZIL)	0 APY
   OKX	Zilliqa (ZIL)	0,01 APY
   Uphold	Zilliqa (ZIL)	0,01 APY
   Bake	Zilliqa (ZIL)	0 APY

   View all 45 prices

2. 2. Select a Zilliqa Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Uphold	Zilliqa (ZIL)	Up to 5 % APY
   Atomic Wallet	Zilliqa (ZIL)	Up to 15 % APY
   Binance	Zilliqa (ZIL)	Up to 5,4 % APY

   Discover all 20 staking rewards available

3. 3. Delegate Your ZIL

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

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.