Introduction
Staking NEO can be an excellent choice for those looking to hold NEO 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 NEO (NEO) Tokens
To stake NEO, you first need to acquire it. To obtain NEO, you'll have to buy it. You can select from these well-known exchanges.
2. Select a NEO Wallet
Once you have NEO, you'll need to choose a NEO wallet to securely store your tokens. Here are some solid options to consider.
3. Delegate Your NEO
We recommend using a staking pool when staking NEO. It's simpler and faster to get started. A staking pool is a group of validators who combine their NEO, 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 NEO network. You'll be rewarded with NEO 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.
Latest Movements in the Market
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- Capitalización de mercado
- US$1.03B
- volumen en 24 horas
- US$62.74M
- Oferta circulante
- 70,53M NEO
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