Introduction

Staking Biconomy can be an excellent choice for those looking to hold BICO 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 Biconomy (BICO) Tokens

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

   Piattaforma	Criptovaluta	Value
   Binance	Biconomy (BICO)	0,04 APY
   Coinbase	Biconomy (BICO)	0,04 APY
   Kraken	Biconomy (BICO)	0,04 APY
   OKX	Biconomy (BICO)	0,13 APY
   Uphold	Biconomy (BICO)	0,11 APY
   BingX	Biconomy (BICO)	0,04 APY

   Check out all 44 prices

2. 2. Select a Biconomy Wallet

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

3. 3. Delegate Your BICO

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

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.