How to Stake Marlin (POND) in India

Introduction

Staking Marlin can be an excellent choice for those looking to hold POND 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. 1. Acquire Marlin (POND) Tokens in India

   To stake Marlin, you first need to acquire it. To obtain Marlin, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.

   Platform	Coin	Cost
   Kraken	Marlin (POND)	0.01
   Binance	Marlin (POND)	0.01
   Coinbase	Marlin (POND)	0.01
   BingX	Marlin (POND)	0.01
   Bitget	Marlin (POND)	0.01
   Bitpanda	Marlin (POND)	0.02

   See all 35 rates

2. 2. Choose a Marlin Wallet in India

   Once you have POND, you'll need to choose a Marlin wallet to securely store your tokens. Here are some reliable options available in India.

   Platform	Coin	Staking rewards in India
   Binance	Marlin (POND)	Up to 1.82% APY

3. 3. Delegate Your POND in India

   We recommend using a staking pool when staking POND. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their POND, increasing their chances of validating transactions and earning rewards. You can easily 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's confirmed, you will automatically validate transactions on the Marlin network. For these validations, you will be rewarded with POND.

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.