How to Stake Earn Network (EARN)

Introduction

Staking Earn Network can be an excellent choice for those looking to hold EARN 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 Earn Network (EARN) Tokens

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

   Piattaforma	Criptovaluta	Value
   MEXC Global	Earn Network (EARN)	0,0000345 APY

2. 2. Select a Earn Network Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   MyCointainer	Earn Network (EARN)	Up to 2% APY

3. 3. Delegate Your EARN

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

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.