Earn up to
12% APY on your investments.
An in-depth guide on how to stake NEAR Protocol (NEAR) in Italy
We have a wealth of information on staking NEAR Protocol (NEAR) and we are pleased to share some of this with you.
We present you with various staking options featuring different cryptocurrencies that may pique your interest.
NEAR Protocol (NEAR) is currently priced at US$9.92 with a 24-hour trading volume of US$324.7M. The market cap of NEAR Protocol stands at US$5.89B, with 1,17B NEAR in circulation. For those looking to buy or trade NEAR Protocol, YouHodler offers avenues to do so securely and efficiently}
Staking NEAR Protocol can be an excellent choice for those looking to hold NEAR 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.
To stake NEAR Protocol, you must first acquire it. To obtain NEAR Protocol, you'll need to buy it. You can select from these well-known exchanges available in Italy.
| Piattaforma | Criptovaluta | Value |
|---|---|---|
| Nexo | NEAR Protocol (NEAR) | 1,71 APY |
| PrimeXBT | NEAR Protocol (NEAR) | 1,7 APY |
| YouHodler | NEAR Protocol (NEAR) | 1,7 APY |
| Binance | NEAR Protocol (NEAR) | 1,71 APY |
| BTSE | NEAR Protocol (NEAR) | 1,71 APY |
Once you have NEAR, you'll need to select a NEAR Protocol wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.
| Piattaforma | Criptovaluta | Staking rewards |
|---|---|---|
| YouHodler | NEAR Protocol (NEAR) | Up to 12% APY |
| Uphold | NEAR Protocol (NEAR) | Up to 7,75% APY |
| Atomic Wallet | NEAR Protocol (NEAR) | Up to 11% APY |
| Bake | NEAR Protocol (NEAR) | Up to 6,5% APY |
| Binance | NEAR Protocol (NEAR) | Up to 3,8% APY |
We recommend using a staking pool when staking NEAR. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their NEAR, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
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 NEAR Protocol network. For these validations, you'll receive rewards in NEAR.
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.
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