How to Stake Stride (STRD)

Introduction

Staking Stride can be an excellent choice for those looking to hold STRD 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 Stride (STRD) Tokens

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

   Piattaforma	Criptovaluta	Value
   Kraken	Stride (STRD)	0,03 APY
   CoinEx	Stride (STRD)	0,03 APY
   MEXC Global	Stride (STRD)	0,05 APY

   Check out all 6 prices

2. 2. Select a Stride Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Everstake	Stride (STRD)	Up to 2,85% APY
   MyCointainer	Stride (STRD)	Up to 12,1% APY
   Stakely.io	Stride (STRD)	Up to 1,57% APY
   Stakewolle	Stride (STRD)	Up to 14,56% APY

   Discover all 7 staking rewards available to you

3. 3. Delegate Your STRD

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

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.