How to Stake Toncoin (TON)

Introduction

Staking Toncoin can be an excellent choice for those looking to hold TON 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 Toncoin (TON) Tokens

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

   Piattaforma	Criptovaluta	Value
   PrimeXBT	Toncoin (TON)	1,87 APY
   EarnPark	Toncoin (TON)	1,87 APY
   YouHodler	Toncoin (TON)	1,87 APY
   Binance	Toncoin (TON)	1,87 APY
   BTSE	Toncoin (TON)	1,87 APY
   Coinbase	Toncoin (TON)	1,87 APY

   Check out all 65 prices

2. 2. Select a Toncoin Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   YouHodler	Toncoin (TON)	Up to 20% APY
   Binance	Toncoin (TON)	Up to 3,6% APY
   Bitget	Toncoin (TON)	Up to 4% APY
   Bitmart	Toncoin (TON)	Up to 3% APY

   Discover all 11 staking rewards available to you

3. 3. Delegate Your TON

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

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.