Earn up to
10% APY on your investments.
An in-depth guide on how to stake Akash Network (AKT) in Italy
We have a wealth of information on staking Akash Network (AKT) and we are pleased to share some of this with you.
We present you with various staking options featuring different cryptocurrencies that may pique your interest.
Akash Network (AKT) is currently priced at US$9.3 with a 24-hour trading volume of US$9.61M. The market cap of Akash Network stands at US$762.29M, with 247,44M AKT in circulation. For those looking to buy or trade Akash Network, Bitpanda offers avenues to do so securely and efficiently
Staking Akash Network can be an excellent choice for those looking to hold AKT 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.
To stake Akash Network, you must first acquire it. To obtain Akash Network, you'll need to buy it. You can select from these well-known exchanges available in Italy.
| Piattaforma | Criptovaluta | Value |
|---|---|---|
| Coinbase | Akash Network (AKT) | 0,48 APY |
| Uphold | Akash Network (AKT) | 1,38 APY |
| Bake | Akash Network (AKT) | 0,5 APY |
| BingX | Akash Network (AKT) | 0,49 APY |
| Bitmart | Akash Network (AKT) | 0,49 APY |
| Bitpanda | Akash Network (AKT) | 4,24 APY |
Once you have AKT, you'll need to select a Akash Network wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.
| Piattaforma | Criptovaluta | Staking rewards |
|---|---|---|
| Bitpanda | Akash Network (AKT) | Up to 10% APY |
| Chainode Tech | Akash Network (AKT) | Up to 9,8% APY |
We recommend using a staking pool when staking AKT. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their AKT, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
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 Akash Network network. For these validations, you'll receive rewards in AKT.
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.
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