How to Stake Avalanche (AVAX)

Introduction

Staking Avalanche can be an excellent choice for those looking to hold AVAX 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 Avalanche (AVAX) Tokens

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

   Piattaforma	Criptovaluta	Value
   Nexo	Avalanche (AVAX)	13,76 APY
   PrimeXBT	Avalanche (AVAX)	13,73 APY
   EarnPark	Avalanche (AVAX)	13,65 APY
   YouHodler	Avalanche (AVAX)	13,74 APY
   Binance	Avalanche (AVAX)	13,74 APY
   BTSE	Avalanche (AVAX)	13,74 APY

   Check out all 81 prices

2. 2. Select a Avalanche Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   YouHodler	Avalanche (AVAX)	Up to 13% APY
   Uphold	Avalanche (AVAX)	Up to 3% APY
   Ankr	Avalanche (AVAX)	Up to 5,09% APY
   Binance	Avalanche (AVAX)	Up to 5% APY

   Discover all 30 staking rewards available to you

3. 3. Delegate Your AVAX

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

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.