Introduction
Staking Stargaze can be an excellent choice for those looking to hold STARS 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 Stargaze (STARS) Tokens
To stake Stargaze, you must first acquire it. To obtain Stargaze, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Piattaforma Criptovaluta Value CoinEx Stargaze (STARS) 0 APY 2. Select a Stargaze Wallet
Once you have STARS, you'll need to select a Stargaze 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 Stakewolle Stargaze (STARS) Up to 30.56% APY Stakin Stargaze (STARS) Up to 13.48% APY 3. Delegate Your STARS
We recommend using a staking pool when staking STARS. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their STARS, 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 Stargaze network. For these validations, you'll receive rewards in STARS.
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
Stargaze (STARS) is currently priced at $30.56 with a 24-hour trading volume of $69,918. The market cap of Stargaze stands at $13.98M, with 2.62B STARS in circulation. For those looking to buy or trade Stargaze, Stakewolle offers avenues to do so securely and efficiently
- Market capitalization
- $13.98M
- 24h volume in the Italian market
- $69,918
- Circulating supply
- 2.62B STARS