How to Stake Qtum (QTUM): A Comprehensive Guide for Indian Investors

Introduction

Staking Qtum can be an excellent choice for those looking to hold QTUM 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 Qtum (QTUM) Tokens in India
To stake Qtum, you first need to acquire it. To obtain Qtum, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
Platform Coin Cost
Binance Qtum (QTUM) 1.3
Kraken Qtum (QTUM) 1.3
OKX Qtum (QTUM) 1.89
Uphold Qtum (QTUM) 2.53
BingX Qtum (QTUM) 1.31
Bitfinex Qtum (QTUM) 4.9
See all 42 rates
2. Choose a Qtum Wallet in India
Once you have QTUM, you'll need to choose a Qtum wallet to securely store your tokens. Here are some reliable options available in India.
3. Delegate Your QTUM in India
We recommend using a staking pool when staking QTUM. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their QTUM, 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 Qtum network. For these validations, you will be rewarded with QTUM.

Platform	Coin	Cost
Binance	Qtum (QTUM)	1.3
Kraken	Qtum (QTUM)	1.3
OKX	Qtum (QTUM)	1.89
Uphold	Qtum (QTUM)	2.53
BingX	Qtum (QTUM)	1.31
Bitfinex	Qtum (QTUM)	4.9

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.