Introduction
Staking Kava can be an excellent choice for those looking to hold KAVA 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 Kava (KAVA) Tokens
To stake Kava, you must first acquire it. To obtain Kava, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Check out all 42 pricesPiattaforma Criptovaluta Value Nexo Kava (KAVA) 0,08 APY Binance Kava (KAVA) 0,08 APY Coinbase Kava (KAVA) 0,08 APY Kraken Kava (KAVA) 0,08 APY Uphold Kava (KAVA) 0,44 APY BingX Kava (KAVA) 0,08 APY 2. Select a Kava Wallet
Once you have KAVA, you'll need to select a Kava wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.
Discover all 22 staking rewards available to youPiattaforma Criptovaluta Staking rewards Atomic Wallet Kava (KAVA) Up to 19% APY Binance Kava (KAVA) Up to 7,1% APY Bitget Kava (KAVA) Up to 5% APY 3. Delegate Your KAVA
We recommend using a staking pool when staking KAVA. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their KAVA, 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 Kava network. For these validations, you'll receive rewards in KAVA.
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
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- Market capitalization
- US$536.2M
- 24h volume in the Italian market
- US$23.19M
- Circulating supply
- 1,08B KAVA
