Introduction

Staking NEM can be an excellent choice for those looking to hold XEM 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 NEM (XEM) Tokens

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

   Plataforma	Cripto	Price
   Binance	NEM (XEM)	0,02 APY
   BingX	NEM (XEM)	0 APY
   Bitget	NEM (XEM)	0 APY
   Bitmart	NEM (XEM)	0 APY
   Bitpanda	NEM (XEM)	0,03 APY
   Bybit	NEM (XEM)	0 APY

   Consulta todos los 25 precios

2. 2. Select a NEM Wallet

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

3. 3. Delegate Your XEM

   We recommend using a staking pool when staking XEM. It's simpler and faster to get started. A staking pool is a group of validators who combine their XEM, 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 NEM network. You'll be rewarded with XEM 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.