How to Stake LTO Network (LTO)

Introduction

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

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

   Piattaforma	Criptovaluta	Value
   Binance	LTO Network (LTO)	0 APY
   Uphold	LTO Network (LTO)	0,04 APY
   Bitmart	LTO Network (LTO)	0,07 APY
   Bybit	LTO Network (LTO)	0,1 APY
   CoinEx	LTO Network (LTO)	0,01 APY
   FMFW.io	LTO Network (LTO)	0,05 APY

   Check out all 20 prices

2. 2. Select a LTO Network Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Binance	LTO Network (LTO)	Up to 1,8% APY
   MyCointainer	LTO Network (LTO)	Up to 7,08% APY

   Discover all 5 staking rewards available to you

3. 3. Delegate Your LTO

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

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.