How to Stake Horizen (ZEN)

Introduction

Staking Horizen can be an excellent choice for those looking to hold ZEN 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 Horizen (ZEN) Tokens

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

   Piattaforma	Criptovaluta	Value
   PrimeXBT	Horizen (ZEN)	7,87 APY
   Binance	Horizen (ZEN)	7,88 APY
   Coinbase	Horizen (ZEN)	7,87 APY
   OKX	Horizen (ZEN)	7,93 APY
   BingX	Horizen (ZEN)	11,52 APY
   Bitget	Horizen (ZEN)	7,88 APY

   Check out all 28 prices

2. 2. Select a Horizen Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   MyCointainer	Horizen (ZEN)	Up to 5,78% APY

3. 3. Delegate Your ZEN

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

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.