How to Stake Aave (AAVE)

Introduction

Staking Aave can be an excellent choice for those looking to hold AAVE while earning APY in a secure manner and supporting the network. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire Aave (AAVE) Tokens

   To stake Aave, you must first acquire it. To obtain Aave, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Nexo	Aave (AAVE)	151,15 APY
   PrimeXBT	Aave (AAVE)	150,8 APY
   YouHodler	Aave (AAVE)	151,13 APY
   Binance	Aave (AAVE)	151,14 APY
   BTSE	Aave (AAVE)	150,79 APY
   Coinbase	Aave (AAVE)	151,03 APY

   Check out all 77 prices

2. 2. Select a Aave Wallet

   Once you have AAVE, you'll need to select a Aave wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.

   Piattaforma	Criptovaluta	Staking rewards
   YouHodler	Aave (AAVE)	Up to 7% APY

   Discover all 10 staking rewards available to you

3. 3. Delegate Your AAVE

   We recommend using a staking pool when staking AAVE. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their AAVE, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Aave network. For these validations, you'll receive rewards in AAVE.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.