How to Stake ThunderCore (TT)

Introduction

Staking ThunderCore can be an excellent choice for those looking to hold TT 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 ThunderCore (TT) Tokens

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

   Piattaforma	Criptovaluta	Value
   Bitpanda	ThunderCore (TT)	0 APY
   CoinEx	ThunderCore (TT)	0 APY
   Gate.io	ThunderCore (TT)	0 APY
   HTX	ThunderCore (TT)	0 APY
   LBank	ThunderCore (TT)	700 APY

   Check out all 8 prices

2. 2. Select a ThunderCore Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   MyCointainer	ThunderCore (TT)	Up to 43,6% APY

3. 3. Delegate Your TT

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

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.