Introduction

Staking Bonk can be an excellent choice for those looking to hold BONK 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 Bonk (BONK) Tokens

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

   Piattaforma	Criptovaluta	Value
   YouHodler	Bonk (BONK)	0,0000106 APY
   Binance	Bonk (BONK)	0,0000106 APY
   BTSE	Bonk (BONK)	0,00001059 APY
   OKX	Bonk (BONK)	0,00002173 APY
   Uphold	Bonk (BONK)	0,00001688 APY
   Bake	Bonk (BONK)	0,00001066 APY

   Check out all 41 prices

2. 2. Select a Bonk Wallet

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

3. 3. Delegate Your BONK

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

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.