How to Stake Wanchain (WAN) in India

Introduction

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

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

   Platform	Coin	Cost
   Binance	Wanchain (WAN)	0.07
   Bitpanda	Wanchain (WAN)	0.22
   CoinEx	Wanchain (WAN)	0.07
   HTX	Wanchain (WAN)	0.07
   Kucoin	Wanchain (WAN)	0.07

   See all 9 rates

2. 2. Choose a Wanchain Wallet in India

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

   Platform	Coin	Staking rewards in India
   Kucoin	Wanchain (WAN)	Up to 2.3% APY
   MyCointainer	Wanchain (WAN)	Up to 7.1% APY

3. 3. Delegate Your WAN in India

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

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.