How to Stake ThunderCore (TT) for optimal returns

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 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 ThunderCore (TT) Tokens

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

   플랫폼	코인	Price
   Bitpanda	ThunderCore (TT)	0 APY
   CoinEx	ThunderCore (TT)	0 APY
   Gate.io	ThunderCore (TT)	0 APY
   HTX	ThunderCore (TT)	0 APY
   LBank	ThunderCore (TT)	800 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 recommended options that are popular among Korean users.

   플랫폼	코인	Staking 보상
   MyCointainer	ThunderCore (TT)	Up to 43.6% APY

3. 3. Delegate Your TT in South Korea

   We recommend using a staking pool when staking TT. It’s more convenient and quicker to get started. A staking pool consists of a group of validators who combine their TT, 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 ThunderCore network. For these validations, you will be rewarded with TT.

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.