How to Stake Fantom (FTM): A Comprehensive Guide for Italian Investors

Introduction

Staking Fantom can be an excellent choice for those looking to hold FTM 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 Fantom (FTM) Tokens
To stake Fantom, you must first acquire it. To obtain Fantom, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Piattaforma Criptovaluta Value
Nexo Fantom (FTM) 0,47 APY
PrimeXBT Fantom (FTM) 0,68 APY
YouHodler Fantom (FTM) 0,7 APY
Binance Fantom (FTM) 0,7 APY
BTSE Fantom (FTM) 0,64 APY
Coinbase Fantom (FTM) 1 APY
Check out all 43 prices
2. Select a Fantom Wallet
Once you have FTM, you'll need to select a Fantom wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.
Piattaforma Criptovaluta Staking rewards
Ankr Fantom (FTM) Up to 3,59% APY
Binance Fantom (FTM) Up to 0,59% APY
Discover all 10 staking rewards available to you
3. Delegate Your FTM
We recommend using a staking pool when staking FTM. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their FTM, 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 Fantom network. For these validations, you'll receive rewards in FTM.

Piattaforma	Criptovaluta	Value
Nexo	Fantom (FTM)	0,47 APY
PrimeXBT	Fantom (FTM)	0,68 APY
YouHodler	Fantom (FTM)	0,7 APY
Binance	Fantom (FTM)	0,7 APY
BTSE	Fantom (FTM)	0,64 APY
Coinbase	Fantom (FTM)	1 APY

Piattaforma	Criptovaluta	Staking rewards
Ankr	Fantom (FTM)	Up to 3,59% APY
Binance	Fantom (FTM)	Up to 0,59% 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.