How to Stake Fantom (FTM): A Step-by-Step Guide for Spain

Introduction

Staking Fantom can be an excellent choice for those looking to hold FTM 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 Fantom (FTM) Tokens
To stake Fantom, you first need to acquire it. To obtain Fantom, you'll have to buy it. You can select from these well-known exchanges.
Plataforma Cripto Price
Nexo Fantom (FTM) 0,47 APY
PrimeXBT Fantom (FTM) 0,68 APY
YouHodler Fantom (FTM) 0,7 APY
Binance Fantom (FTM) 0,7 APY
BTSE Fantom (FTM) 0,64 APY
Coinbase Fantom (FTM) 1 APY
Consulta todos los 43 precios
2. Select a Fantom Wallet
Once you have FTM, you'll need to choose a Fantom wallet to securely store your tokens. Here are some solid options to consider.
Plataforma Cripto Staking rewards
Ankr Fantom (FTM) Hasta 3,59% APY
Binance Fantom (FTM) Hasta 0,59% APY
Consulta todas las 10 recompensas de staking
3. Delegate Your FTM
We recommend using a staking pool when staking FTM. It's simpler and faster to get started. A staking pool is a group of validators who combine their FTM, 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 Fantom network. You'll be rewarded with FTM for these validations.

Plataforma	Cripto	Price
Nexo	Fantom (FTM)	0,47 APY
PrimeXBT	Fantom (FTM)	0,68 APY
YouHodler	Fantom (FTM)	0,7 APY
Binance	Fantom (FTM)	0,7 APY
BTSE	Fantom (FTM)	0,64 APY
Coinbase	Fantom (FTM)	1 APY

Plataforma	Cripto	Staking rewards
Ankr	Fantom (FTM)	Hasta 3,59% APY
Binance	Fantom (FTM)	Hasta 0,59% APY

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.