Recent Developments
- Market capitalization
- US$66.66M
- 24h volume in the Italian market
- US$5.32M
- Circulating supply
- 783M NKN
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USDCAvviso Importante
Staking NKN can be an excellent choice for those looking to hold NKN 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 NKN, you must first acquire it. To obtain NKN, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Once you have NKN, you'll need to select a NKN wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.
We recommend using a staking pool when staking NKN. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their NKN, 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 NKN network. For these validations, you'll receive rewards in NKN.
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.
