How to Stake STACKS (stacks)

Introduction

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

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

   Piattaforma	Criptovaluta	Value
   Uphold	STACKS (stacks)	0,79 APY
   BingX	STACKS (stacks)	0,25 APY
   Bitget	STACKS (stacks)	0,25 APY
   Bitmart	STACKS (stacks)	0,69 APY
   Bitpanda	STACKS (stacks)	2,3 APY
   Blockchain.com	STACKS (stacks)	0,32 APY

   Check out all 21 prices

2. 2. Select a STACKS Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Bitmart	STACKS (stacks)	Up to 1% APY

3. 3. Delegate Your stacks

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

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.