How to Stake Saga (SAGA)

Introduction

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

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

   Piattaforma	Criptovaluta	Value
   PrimeXBT	Saga (SAGA)	0,06 APY
   Binance	Saga (SAGA)	0,06 APY
   Kraken	Saga (SAGA)	0,06 APY
   Bitget	Saga (SAGA)	0,06 APY
   Bitmart	Saga (SAGA)	0,06 APY
   Bitpanda	Saga (SAGA)	2,24 APY

   Check out all 21 prices

2. 2. Select a Saga Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Bitget	Saga (SAGA)	Up to 16% APY
   Bitpanda	Saga (SAGA)	Up to 9% APY
   Stakin	Saga (SAGA)	Up to 3% APY

   Discover all 5 staking rewards available to you

3. 3. Delegate Your SAGA

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

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.