Introduction
Staking JUNO can be an excellent choice for those looking to hold JUNO 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 JUNO (JUNO) Tokens
To stake JUNO, you must first acquire it. To obtain JUNO, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Check out all 4 pricesPiattaforma Criptovaluta Value Kraken JUNO (JUNO) 0,07 APY MEXC Global JUNO (JUNO) 0,07 APY 2. Select a JUNO Wallet
Once you have JUNO, you'll need to select a JUNO wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.
Discover all 6 staking rewards available to youPiattaforma Criptovaluta Staking rewards Stakely.io JUNO (JUNO) Up to 23,81% APY Stakewolle JUNO (JUNO) Up to 30,57% APY Stakin JUNO (JUNO) Up to 25,57% APY 3. Delegate Your JUNO
We recommend using a staking pool when staking JUNO. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their JUNO, 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 JUNO network. For these validations, you'll receive rewards in JUNO.
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
JUNO (JUNO) is currently priced at US$23.81 with a 24-hour trading volume of US$87,352. The market cap of JUNO stands at US$14.31M, with 79,51M JUNO in circulation. For those looking to buy or trade JUNO, Stakely.io offers avenues to do so securely and efficiently
- Market capitalization
- US$14.31M
- 24h volume in the Italian market
- US$87,352
- Circulating supply
- 79,51M JUNO