Introduction

Staking Kyber Network Crystal can be an excellent option for those who wish to hold KNC while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain Kyber Network Crystal (KNC) Tokens

   To stake Kyber Network Crystal, you need to possess it. To obtain Kyber Network Crystal, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Kyber Network Crystal (KNC)	0.23
   Binance	Kyber Network Crystal (KNC)	0.23
   BTSE	Kyber Network Crystal (KNC)	0.23
   Coinbase	Kyber Network Crystal (KNC)	0.23
   Kraken	Kyber Network Crystal (KNC)	0.23
   OKX	Kyber Network Crystal (KNC)	0.39

   View all 49 prices

2. 2. Choose a Kyber Network Crystal Wallet

   Once you have KNC, you'll need to choose a Kyber Network Crystal wallet to store your tokens. Here are some suitable options.

3. 3. Delegate Your KNC

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

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the Kyber Network Crystal network. You will be rewarded with KNC for these validations.

What to Be Aware Of

There are transaction and staking pool fees you need to consider. There may also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.