Where and how to stake WOO (WOO)

Introduction

Staking WOO can be a great option for those who wish to hold WOO while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.

Step-by-Step Guide

1. 1. Acquire WOO (WOO) Tokens

   To stake WOO, you need to have it. To obtain WOO, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Kraken	WOO (WOO)	0.1
   OKX	WOO (WOO)	0.09
   Binance	WOO (WOO)	0.09
   BTSE	WOO (WOO)	0.09
   MEXC Global	WOO (WOO)	0.09
   Bitget	WOO (WOO)	0.09

   See all 45 prices

2. 2. Select a WOO Wallet

   Once you have WOO, you’ll need to choose a WOO wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Binance	WOO (WOO)	Up to 3.5% APY
   BTSE	WOO (WOO)	Up to 0.96% APY

   See all 4 staking rewards

3. 3. Delegate Your WOO

   We suggest using a staking pool for staking WOO. It's easier and quicker to get started. A staking pool is a collection of validators who combine their WOO, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You'll have to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the WOO network. You'll be rewarded with WOO for these validations.

What to Keep in Mind

You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.