How to Stake APE (ape)

Introduction

Staking APE can be an excellent choice for those looking to hold ape 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 APE (ape) Tokens

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

   Piattaforma	Criptovaluta	Value
   YouHodler	APE (ape)	0,21 APY
   Binance	APE (ape)	0,21 APY
   BTSE	APE (ape)	0,21 APY
   Coinbase	APE (ape)	0,21 APY
   OKX	APE (ape)	0,6 APY
   Crypto.com	APE (ape)	0,21 APY

   Check out all 26 prices

2. 2. Select a APE Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Binance	APE (ape)	Up to 20% APY

3. 3. Delegate Your ape

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

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.