How to Stake CHEQD Network (CHEQ): A Comprehensive Guide for Italian Investors

Introduction

Staking CHEQD Network can be an excellent choice for those looking to hold CHEQ 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. Acquire CHEQD Network (CHEQ) Tokens

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

Piattaforma	Criptovaluta	Value
BingX	CHEQD Network (CHEQ)	0,01 APY
Bitmart	CHEQD Network (CHEQ)	0,01 APY
Bitpanda	CHEQD Network (CHEQ)	0,05 APY
CoinEx	CHEQD Network (CHEQ)	0,01 APY
Gate.io	CHEQD Network (CHEQ)	0,01 APY
Kucoin	CHEQD Network (CHEQ)	0,01 APY

Check out all 13 prices

2. Select a CHEQD Network Wallet
Once you have CHEQ, you'll need to select a CHEQD Network wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.
Piattaforma Criptovaluta Staking rewards
MyCointainer CHEQD Network (CHEQ) Up to 10% APY
Stakewolle CHEQD Network (CHEQ) Up to 12,89% APY
3. Delegate Your CHEQ
We recommend using a staking pool when staking CHEQ. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their CHEQ, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
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 CHEQD Network network. For these validations, you'll receive rewards in CHEQ.

Piattaforma	Criptovaluta	Staking rewards
MyCointainer	CHEQD Network (CHEQ)	Up to 10% APY
Stakewolle	CHEQD Network (CHEQ)	Up to 12,89% APY

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.