How to Stake The Sandbox (SAND)

Introduction

Staking The Sandbox can be an excellent choice for those looking to hold SAND 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 The Sandbox (SAND) Tokens

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

   Piattaforma	Criptovaluta	Value
   Nexo	The Sandbox (SAND)	0.3 APY
   PrimeXBT	The Sandbox (SAND)	0.3 APY
   YouHodler	The Sandbox (SAND)	0.3 APY
   Binance	The Sandbox (SAND)	0.3 APY
   BTSE	The Sandbox (SAND)	0.3 APY
   Coinbase	The Sandbox (SAND)	0.3 APY

   Check out all 65 prices

2. 2. Select a The Sandbox Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   YouHodler	The Sandbox (SAND)	Up to 7% APY

   Discover all 6 staking rewards available to you

3. 3. Delegate Your SAND

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

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.