Introduction

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

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

   Piattaforma	Criptovaluta	Value
   Binance	Klaytn (KLAY)	0,13 APY
   Uphold	Klaytn (KLAY)	0,26 APY
   Kucoin	Klaytn (KLAY)	0,12 APY
   Probit	Klaytn (KLAY)	0,1 APY

   Check out all 5 prices

2. 2. Select a Klaytn Wallet

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

3. 3. Delegate Your KLAY

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

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.