Earn up to
10% APY on your investments.
An in-depth guide on how to stake CHEQD Network (CHEQ) in Italy
We have a wealth of information on staking CHEQD Network (CHEQ) and we are pleased to share some of this with you.
We present you with various staking options featuring different cryptocurrencies that may pique your interest.
CHEQD Network (CHEQ) is currently priced at US$10 with a 24-hour trading volume of US$650,395. The market cap of CHEQD Network stands at US$40.11M, with 846,16M CHEQ in circulation. For those looking to buy or trade CHEQD Network, MyCointainer offers avenues to do so securely and efficiently
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.
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 |
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 |
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.
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.
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.
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