How to Stake Waves (WAVES): A Step-by-Step Guide for Korean Investors

Introduction

Staking Waves can be an excellent choice for those looking to hold WAVES 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. Acquire Waves (WAVES) Tokens
To stake Waves, you first need to acquire it. To obtain Waves, you'll need to purchase it from a cryptocurrency exchange. You can choose from these popular platforms available in South Korea.
플랫폼 코인 Price
Binance Waves (WAVES) 1.08 APY
Azbit Waves (WAVES) 0.69 APY
BingX Waves (WAVES) 0.69 APY
Bitfinex Waves (WAVES) 2.33 APY
Bitget Waves (WAVES) 0.69 APY
Bitmart Waves (WAVES) 0.69 APY
Check out all 28 prices
2. Select a Waves Wallet
Once you have WAVES, you'll need to select a Waves wallet to securely store your tokens. Here are some recommended options that are popular among Korean users.
3. Delegate Your WAVES in South Korea
We recommend using a staking pool when staking WAVES. It’s more convenient and quicker to get started. A staking pool consists of a group of validators who combine their WAVES, increasing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.
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 Waves network. For these validations, you will be rewarded with WAVES.

플랫폼	코인	Price
Binance	Waves (WAVES)	1.08 APY
Azbit	Waves (WAVES)	0.69 APY
BingX	Waves (WAVES)	0.69 APY
Bitfinex	Waves (WAVES)	2.33 APY
Bitget	Waves (WAVES)	0.69 APY
Bitmart	Waves (WAVES)	0.69 APY

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.