How to Stake Wrapped USD (WUSD)

Introduction

Staking Wrapped USD can be an excellent choice for those looking to hold WUSD 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 Wrapped USD (WUSD) Tokens

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

   Piattaforma	Criptovaluta	Value
   Azbit	Wrapped USD (WUSD)	1 APY
   BingX	Wrapped USD (WUSD)	1 APY
   Bitget	Wrapped USD (WUSD)	1 APY
   Bitmart	Wrapped USD (WUSD)	1 APY
   Gate.io	Wrapped USD (WUSD)	1 APY
   Hotcoin	Wrapped USD (WUSD)	1 APY

   Check out all 13 prices

2. 2. Select a Wrapped USD Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Bitmart	Wrapped USD (WUSD)	Up to 5% APY

3. 3. Delegate Your WUSD

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

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.