How to Stake Toncoin (TON) for optimal returns

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 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 Toncoin (TON) Tokens

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

   플랫폼	코인	Price
   PrimeXBT	Toncoin (TON)	1.75 APY
   EarnPark	Toncoin (TON)	1.75 APY
   YouHodler	Toncoin (TON)	1.75 APY
   Binance	Toncoin (TON)	1.75 APY
   BTSE	Toncoin (TON)	1.75 APY
   Coinbase	Toncoin (TON)	1.75 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 recommended options that are popular among Korean users.

   플랫폼	코인	Staking 보상
   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

   Check out all 11 staking rewards available.

3. 3. Delegate Your TON in South Korea

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

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.