Introduction

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

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

   Piattaforma	Criptovaluta	Value
   BTSE	PONKE (PONKE)	0,06 APY
   Kraken	PONKE (PONKE)	0,06 APY
   Bake	PONKE (PONKE)	0,06 APY
   BingX	PONKE (PONKE)	0,06 APY
   Bitget	PONKE (PONKE)	0,03 APY
   Bitmart	PONKE (PONKE)	0,06 APY

   Check out all 30 prices

2. 2. Select a PONKE Wallet

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

3. 3. Delegate Your PONKE

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

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.