How to Stake IOST (IOST)

Introduction

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

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

   Piattaforma	Criptovaluta	Value
   EarnPark	IOST (IOST)	0,01 APY
   Binance	IOST (IOST)	0 APY
   OKX	IOST (IOST)	0 APY
   BingX	IOST (IOST)	0 APY
   Bitget	IOST (IOST)	0 APY
   Bitmart	IOST (IOST)	0 APY

   Check out all 35 prices

2. 2. Select a IOST Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Binance	IOST (IOST)	Up to 2,3% APY
   Bitget	IOST (IOST)	Up to 4% APY

   Discover all 6 staking rewards available to you

3. 3. Delegate Your IOST

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

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.