How to Stake Polygon (MATIC)

Introduction

Staking Polygon can be an excellent choice for those looking to hold MATIC 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 Polygon (MATIC) Tokens

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

   Piattaforma	Criptovaluta	Value
   Coinbase	Polygon (MATIC)	0.24 APY
   Kraken	Polygon (MATIC)	0.23 APY
   Luno	Polygon (MATIC)	0.6 APY
   BingX	Polygon (MATIC)	0.37 APY
   Bitfinex	Polygon (MATIC)	0.22 APY

   Check out all 22 prices

2. 2. Select a Polygon Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Ankr	Polygon (MATIC)	Up to 2.65% APY
   Atomic Wallet	Polygon (MATIC)	Up to 4.2% APY
   Bitpanda	Polygon (MATIC)	Up to 5% APY
   Exodus	Polygon (MATIC)	Up to 5.21% APY

   Discover all 17 staking rewards available to you

3. 3. Delegate Your MATIC

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

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.