Introduction
Staking Internet Computer can be an excellent choice for those looking to hold ICP 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 Internet Computer (ICP) Tokens
To stake Internet Computer, you must first acquire it. To obtain Internet Computer, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Check out all 54 pricesPiattaforma Criptovaluta Value PrimeXBT Internet Computer (ICP) 3,18 APY YouHodler Internet Computer (ICP) 3,18 APY Binance Internet Computer (ICP) 3,18 APY Coinbase Internet Computer (ICP) 3,18 APY Kraken Internet Computer (ICP) 3,18 APY OKX Internet Computer (ICP) 5,15 APY 2. Select a Internet Computer Wallet
Once you have ICP, you'll need to select a Internet Computer wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.
Discover all 4 staking rewards available to youPiattaforma Criptovaluta Staking rewards Binance Internet Computer (ICP) Up to 4,9% APY Bitmart Internet Computer (ICP) Up to 1% APY 3. Delegate Your ICP
We recommend using a staking pool when staking ICP. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their ICP, 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 Internet Computer network. For these validations, you'll receive rewards in ICP.
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.
Recent Developments
Internet Computer (ICP) is currently priced at US$1 with a 24-hour trading volume of US$219.57M. The market cap of Internet Computer stands at US$4.94B, with 479,09M ICP in circulation. For those looking to buy or trade Internet Computer, Binance offers avenues to do so securely and efficiently
- Market capitalization
- US$4.94B
- 24h volume in the Italian market
- US$219.57M
- Circulating supply
- 479,09M ICP
Frequently Asked Questions About Staking Internet Computer (ICP) in Italy
- What is Internet Computer (ICP) and what are its main features?
- Internet Computer (ICP) is a decentralized computing platform created by the DFINITY Foundation that aims to extend the functionality of the internet by enabling developers to build secure, scalable applications without relying on traditional cloud infrastructure. Key features include its unique canister smart contracts, fast transaction speeds facilitated by Chain Key Technology, and a decentralized governance model through the Network Nervous System (NNS), which allows ICP token holders to participate in decision-making.
ICP
ADA
BCH
BNB
BTC
DOGE
ETH
FIGR_HELOC
LINK
SOL
STETH
TRX
USDC