How to Stake Horizen (ZEN): A Comprehensive Guide for Indian Investors

Introduction

Staking Horizen can be an excellent choice for those looking to hold ZEN while earning returns in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.

Step-by-Step Guide for Indian Investors

1. Acquire Horizen (ZEN) Tokens in India
To stake Horizen, you first need to acquire it. To obtain Horizen, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
Platform Coin Cost
PrimeXBT Horizen (ZEN) 8.1
Binance Horizen (ZEN) 8.11
Coinbase Horizen (ZEN) 8.1
OKX Horizen (ZEN) 8.04
BingX Horizen (ZEN) 11.52
Bitget Horizen (ZEN) 8.11
See all 28 rates
2. Choose a Horizen Wallet in India
Once you have ZEN, you'll need to choose a Horizen wallet to securely store your tokens. Here are some reliable options available in India.
Platform Coin Staking rewards in India
MyCointainer Horizen (ZEN) Up to 5.78% APY
3. Delegate Your ZEN in India
We recommend using a staking pool when staking ZEN. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their ZEN, increasing their chances of validating transactions and earning rewards. You can easily do this through your wallet's interface.
4. Start Validating
You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Horizen network. For these validations, you will be rewarded with ZEN.

Platform	Coin	Cost
PrimeXBT	Horizen (ZEN)	8.1
Binance	Horizen (ZEN)	8.11
Coinbase	Horizen (ZEN)	8.1
OKX	Horizen (ZEN)	8.04
BingX	Horizen (ZEN)	11.52
Bitget	Horizen (ZEN)	8.11

Platform	Coin	Staking rewards in India
MyCointainer	Horizen (ZEN)	Up to 5.78% APY

What to Keep in Mind

When engaging in staking, it's important to factor in transaction fees and staking pool charges. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.