How to Stake Router Protocol (ROUTE)

Introduction

Staking Router Protocol can be an excellent choice for those looking to hold ROUTE 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 Router Protocol (ROUTE) Tokens

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

   Piattaforma	Criptovaluta	Value
   BingX	Router Protocol (ROUTE)	0 APY
   Bitget	Router Protocol (ROUTE)	0,01 APY
   CoinEx	Router Protocol (ROUTE)	0 APY
   Gate.io	Router Protocol (ROUTE)	0 APY
   HTX	Router Protocol (ROUTE)	0 APY
   Kucoin	Router Protocol (ROUTE)	0 APY

   Check out all 14 prices

2. 2. Select a Router Protocol Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Stakin	Router Protocol (ROUTE)	Up to 12,94% APY

3. 3. Delegate Your ROUTE

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

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.