How to Stake Sweat Economy (SWEAT)

Introduction

Staking Sweat Economy can be an excellent choice for those looking to hold SWEAT 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 Sweat Economy (SWEAT) Tokens

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

   Piattaforma	Criptovaluta	Value
   Nexo	Sweat Economy (SWEAT)	0 APY
   Kraken	Sweat Economy (SWEAT)	0 APY
   OKX	Sweat Economy (SWEAT)	0,01 APY
   Uphold	Sweat Economy (SWEAT)	0 APY
   BingX	Sweat Economy (SWEAT)	0 APY
   Bitfinex	Sweat Economy (SWEAT)	0 APY

   Check out all 29 prices

2. 2. Select a Sweat Economy Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Bitmart	Sweat Economy (SWEAT)	Up to 1% APY

3. 3. Delegate Your SWEAT

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

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.