How to Stake Bitcoin (BTC)

Introduction

Staking Bitcoin can be an excellent choice for those looking to hold BTC 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 Bitcoin (BTC) Tokens

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

   Piattaforma	Criptovaluta	Value
   Nexo	Bitcoin (BTC)	91.070,67 APY
   PrimeXBT	Bitcoin (BTC)	91.087,3 APY
   EarnPark	Bitcoin (BTC)	90.639,62 APY
   YouHodler	Bitcoin (BTC)	91.142,79 APY
   Binance	Bitcoin (BTC)	91.142,79 APY
   BTSE	Bitcoin (BTC)	91.076 APY

   Check out all 80 prices

2. 2. Select a Bitcoin Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   YouHodler	Bitcoin (BTC)	Up to 9% APY
   Binance	Bitcoin (BTC)	Up to 8% APY

   Discover all 4 staking rewards available to you

3. 3. Delegate Your BTC

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

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.