Introduction

Staking NKN can be an excellent choice for those looking to hold NKN 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 NKN (NKN) Tokens in India

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

   Platform	Coin	Cost
   Binance	NKN (NKN)	0.01
   Coinbase	NKN (NKN)	0.01
   BingX	NKN (NKN)	0.01
   Bitget	NKN (NKN)	0.01
   Bitmart	NKN (NKN)	0.03
   Bitpanda	NKN (NKN)	0.11

   See all 30 rates

2. 2. Choose a NKN Wallet in India

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

3. 3. Delegate Your NKN in India

   We recommend using a staking pool when staking NKN. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their NKN, 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 NKN network. For these validations, you will be rewarded with NKN.

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.