How to Stake Flow (FLOW)

Introduction

Staking Flow can be an excellent choice for those looking to hold FLOW 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 Flow (FLOW) Tokens

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

   Piattaforma	Criptovaluta	Value
   PrimeXBT	Flow (FLOW)	0,17 APY
   Uphold	Flow (FLOW)	0,38 APY
   Bake	Flow (FLOW)	0,17 APY
   BingX	Flow (FLOW)	0,17 APY
   Bitget	Flow (FLOW)	0,17 APY
   Bitmart	Flow (FLOW)	0,17 APY

   Check out all 14 prices

2. 2. Select a Flow Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Bitpanda	Flow (FLOW)	Up to 6% APY
   MyCointainer	Flow (FLOW)	Up to 10,1% APY

3. 3. Delegate Your FLOW

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

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.