How to Stake Stafi (FIS)

Introduction

Staking Stafi can be an excellent choice for those looking to hold FIS 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 Stafi (FIS) Tokens

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

   Piattaforma	Criptovaluta	Value
   Binance	Stafi (FIS)	0,02 APY
   Coinbase	Stafi (FIS)	0,02 APY
   Kraken	Stafi (FIS)	0,02 APY
   Uphold	Stafi (FIS)	0,16 APY
   BingX	Stafi (FIS)	0,12 APY
   Bitget	Stafi (FIS)	0,02 APY

   Check out all 34 prices

2. 2. Select a Stafi Wallet

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

3. 3. Delegate Your FIS

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

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.