How to Stake Kaon (AKRO)

Introduction

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

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

   Piattaforma	Criptovaluta	Value
   Binance	Kaon (AKRO)	0,000981 APY
   BingX	Kaon (AKRO)	0,00053 APY
   Bitget	Kaon (AKRO)	0,000228 APY
   Bitpanda	Kaon (AKRO)	0 APY
   Bybit	Kaon (AKRO)	0 APY
   FMFW.io	Kaon (AKRO)	0,0001325 APY

   Check out all 23 prices

2. 2. Select a Kaon Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   MyCointainer	Kaon (AKRO)	Up to 29,4% APY

3. 3. Delegate Your AKRO

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

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.