Introduction
Staking Ronin can be an excellent choice for those looking to hold RON 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. Acquire Ronin (RON) Tokens
To stake Ronin, you must first acquire it. To obtain Ronin, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Check out all 35 pricesPiattaforma Criptovaluta Value Binance Ronin (RON) 0,13 APY Coinbase Ronin (RON) 0,13 APY OKX Ronin (RON) 0,79 APY Uphold Ronin (RON) 0,6 APY Bake Ronin (RON) 0,13 APY BingX Ronin (RON) 0,13 APY 2. Select a Ronin Wallet
Once you have RON, you'll need to select a Ronin wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.
Discover all 4 staking rewards available to youPiattaforma Criptovaluta Staking rewards Binance Ronin (RON) Up to 7,04% APY Bitpanda Ronin (RON) Up to 8% APY 3. Delegate Your RON
We recommend using a staking pool when staking RON. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their RON, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
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 Ronin network. For these validations, you'll receive rewards in RON.
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.
Recent Developments
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- Market capitalization
- US$689.46M
- 24h volume in the Italian market
- US$16.58M
- Circulating supply
- 375,56M RON
