How to Stake iExec RLC (RLC)

Introduction

Staking iExec RLC can be an excellent choice for those looking to hold RLC 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 iExec RLC (RLC) Tokens

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

   Piattaforma	Criptovaluta	Value
   Binance	iExec RLC (RLC)	0,65 APY
   Coinbase	iExec RLC (RLC)	0,65 APY
   Kraken	iExec RLC (RLC)	0,65 APY
   BingX	iExec RLC (RLC)	2,07 APY
   Bitget	iExec RLC (RLC)	0,65 APY
   Bitmart	iExec RLC (RLC)	0,84 APY

   Check out all 32 prices

2. 2. Select a iExec RLC Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Bitmart	iExec RLC (RLC)	Up to 1% APY

3. 3. Delegate Your RLC

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

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.