How to Stake Biswap (BSW)

Introduction

Staking Biswap can be an excellent choice for those looking to hold BSW 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 Biswap (BSW) Tokens

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

   Piattaforma	Criptovaluta	Value
   Binance	Biswap (BSW)	0,01 APY
   BingX	Biswap (BSW)	0,01 APY
   Bitget	Biswap (BSW)	0,01 APY
   Bitmart	Biswap (BSW)	0 APY
   Bybit	Biswap (BSW)	0,01 APY
   CoinEx	Biswap (BSW)	0 APY

   Check out all 18 prices

2. 2. Select a Biswap Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Binance	Biswap (BSW)	Up to 0,9% APY

3. 3. Delegate Your BSW

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

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.