How to Stake Cardano (ADA): A Step-by-Step Guide for Spain

Introduction

Staking Cardano can be an excellent choice for those looking to hold ADA 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. Acquire Cardano (ADA) Tokens
To stake Cardano, you first need to acquire it. To obtain Cardano, you'll have to buy it. You can select from these well-known exchanges.
Plataforma Cripto Price
Nexo Cardano (ADA) 0,39 APY
PrimeXBT Cardano (ADA) 0,39 APY
YouHodler Cardano (ADA) 0,39 APY
Binance Cardano (ADA) 0,39 APY
BTSE Cardano (ADA) 0,39 APY
Coinbase Cardano (ADA) 0,39 APY
Consulta todos los 73 precios

Plataforma	Cripto	Price
Nexo	Cardano (ADA)	0,39 APY
PrimeXBT	Cardano (ADA)	0,39 APY
YouHodler	Cardano (ADA)	0,39 APY
Binance	Cardano (ADA)	0,39 APY
BTSE	Cardano (ADA)	0,39 APY
Coinbase	Cardano (ADA)	0,39 APY

2. Select a Cardano Wallet

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

Plataforma	Cripto	Staking rewards
YouHodler	Cardano (ADA)	Hasta 7% APY
Uphold	Cardano (ADA)	Hasta 1,48% APY
Atomic Wallet	Cardano (ADA)	Hasta 5% APY
Bake	Cardano (ADA)	Hasta 2,5% APY
Binance	Cardano (ADA)	Hasta 2,1% APY

Consulta todas las 31 recompensas de staking

3. Delegate Your ADA
We recommend using a staking pool when staking ADA. It's simpler and faster to get started. A staking pool is a group of validators who combine their ADA, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
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 Cardano network. You'll be rewarded with ADA 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.