How to Stake The Sandbox (SAND) in India

Introduction

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

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

   Platform	Coin	Cost
   Nexo	The Sandbox (SAND)	0.28
   PrimeXBT	The Sandbox (SAND)	0.28
   YouHodler	The Sandbox (SAND)	0.28
   Binance	The Sandbox (SAND)	0.28
   BTSE	The Sandbox (SAND)	0.28
   Coinbase	The Sandbox (SAND)	0.28

   See all 65 rates

2. 2. Choose a The Sandbox Wallet in India

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

   Platform	Coin	Staking rewards in India
   YouHodler	The Sandbox (SAND)	Up to 7% APY

   View all 6 staking rewards available in India

3. 3. Delegate Your SAND in India

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

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.