How to Stake Zilliqa (ZIL)

Introduction

Staking Zilliqa can be an excellent choice for those looking to hold ZIL 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 Zilliqa (ZIL) Tokens

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

   Piattaforma	Criptovaluta	Value
   EarnPark	Zilliqa (ZIL)	0,01 APY
   YouHodler	Zilliqa (ZIL)	0,01 APY
   Binance	Zilliqa (ZIL)	0,01 APY
   OKX	Zilliqa (ZIL)	0,01 APY
   Uphold	Zilliqa (ZIL)	0,01 APY
   Bake	Zilliqa (ZIL)	0,01 APY

   Check out all 45 prices

2. 2. Select a Zilliqa Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Uphold	Zilliqa (ZIL)	Up to 5% APY
   Atomic Wallet	Zilliqa (ZIL)	Up to 15% APY
   Binance	Zilliqa (ZIL)	Up to 5,4% APY

   Discover all 20 staking rewards available to you

3. 3. Delegate Your ZIL

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

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.