Cómo hacer staking de Beyond Protocol (BP)

Introduction

Staking Beyond Protocol can be an excellent choice for those looking to hold BP while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for Spain 1

1. 1. Acquire Beyond Protocol (BP) Tokens

   To stake Beyond Protocol, you first need to acquire it. To obtain Beyond Protocol, you'll have to buy it. You can select from these well-known exchanges.

   Plataforma	Cripto	Price
   Gate.io	Beyond Protocol (BP)	0 APY

2. 2. Select a Beyond Protocol Wallet

   Once you have BP, you'll need to choose a Beyond Protocol wallet to securely store your tokens. Here are some solid options to consider.

   Plataforma	Cripto	Staking rewards
   MyCointainer	Beyond Protocol (BP)	Hasta 11,5% APY

3. 3. Delegate Your BP

   We recommend using a staking pool when staking BP. It's simpler and faster to get started. A staking pool is a group of validators who combine their BP, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Beyond Protocol network. You'll be rewarded with BP for these validations.

What to Keep in Mind

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 will need to generate blocks, and this process can take some time.