Introduction

Staking Bounce can be an excellent choice for those looking to hold AUCTION 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 Bounce (AUCTION) Tokens

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

   Piattaforma	Criptovaluta	Value
   PrimeXBT	Bounce (AUCTION)	4,93 APY
   Binance	Bounce (AUCTION)	4,93 APY
   BTSE	Bounce (AUCTION)	4,94 APY
   Coinbase	Bounce (AUCTION)	4,94 APY
   Kraken	Bounce (AUCTION)	4,95 APY
   OKX	Bounce (AUCTION)	20,05 APY

   Check out all 43 prices

2. 2. Select a Bounce Wallet

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

3. 3. Delegate Your AUCTION

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

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.