Introduction

Staking JOE can be an excellent choice for those looking to hold JOE while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for South Korea's Financial Landscape 1

1. 1. Acquire JOE (JOE) Tokens

   To stake JOE, you first need to acquire it. To obtain JOE, you'll need to purchase it from a cryptocurrency exchange. You can choose from these popular platforms available in South Korea.

   플랫폼	코인	Price
   Uphold	JOE (JOE)	0.17 APY
   Kraken	JOE (JOE)	0.2 APY
   BingX	JOE (JOE)	0.2 APY
   Bitget	JOE (JOE)	0.2 APY
   Bitmart	JOE (JOE)	0.2 APY
   Bitpanda	JOE (JOE)	0.55 APY

   Check out all 17 prices

2. 2. Select a JOE Wallet

   Once you have JOE, you'll need to select a JOE wallet to securely store your tokens. Here are some recommended options that are popular among Korean users.

3. 3. Delegate Your JOE in South Korea

   We recommend using a staking pool when staking JOE. It’s more convenient and quicker to get started. A staking pool consists of a group of validators who combine their JOE, increasing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the JOE network. For these validations, you will be rewarded with JOE.

What to Keep in Mind

You should be aware of the transaction and staking pool fees that apply. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time in the process.