How to Stake Qtum (QTUM)

Introduction

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

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

   Piattaforma	Criptovaluta	Value
   Binance	Qtum (QTUM)	1,29 APY
   Kraken	Qtum (QTUM)	1,29 APY
   OKX	Qtum (QTUM)	1,89 APY
   Uphold	Qtum (QTUM)	2,53 APY
   BingX	Qtum (QTUM)	1,29 APY
   Bitfinex	Qtum (QTUM)	4,9 APY

   Check out all 42 prices

2. 2. Select a Qtum Wallet

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

3. 3. Delegate Your QTUM

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

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.