How to Stake Ankr Network (ANKR)

Introduction

Staking Ankr Network can be an excellent choice for those looking to hold ANKR 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 Ankr Network (ANKR) Tokens

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

   Piattaforma	Criptovaluta	Value
   Binance	Ankr Network (ANKR)	0,01 APY
   BTSE	Ankr Network (ANKR)	0,01 APY
   Coinbase	Ankr Network (ANKR)	0,01 APY
   Kraken	Ankr Network (ANKR)	0,01 APY
   Uphold	Ankr Network (ANKR)	0,02 APY
   Azbit	Ankr Network (ANKR)	0,01 APY

   Check out all 46 prices

2. 2. Select a Ankr Network Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Ankr	Ankr Network (ANKR)	Up to 2,95% APY
   Binance	Ankr Network (ANKR)	Up to 1,7% APY

   Discover all 5 staking rewards available to you

3. 3. Delegate Your ANKR

   We recommend using a staking pool when staking ANKR. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their ANKR, 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 Ankr Network network. For these validations, you'll receive rewards in ANKR.

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.